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Guaranteed renewable policy insurance |
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Guaranteed renewable policy insuranceA type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same change is applied to all policyholders.Guaranteed renewable policy insurance Similar MatchesGuaranteed trustGuaranteed trustSome unit trusts offer a floor price and guarantee their bid price will not be allowed to fall below that level. They also 'lock in' any growth achieved every few months.From an investor's point of view, this guarantee provides reassurance about the value of their investment. Even if the value of the trust's assets falls well below the floor, the bid price (the amount that an investor can sell his units for) will remain at the guaranteed level. Guaranteed insurance contractGuaranteed insurance contractA contract promising a stated nominal interest rate over some specific time period, usually several years. Guaranteed sum assuredGuaranteed sum assuredA term used by some life companies which refers to the minimum sum payable by a life policy either on the death of the life assured or on maturity. Guaranteed death benefitGuaranteed death benefitA life policy in which there is a minimum sum payable on the death of the life assured. Guaranteed death benefitGuaranteed death benefitPolicies where the company will pay out a certain amount when you die. Further SuggestionsGuaranteed bondGuaranteed insurability guaranteed minimum period guaranteed renewable policy guaranteed growth bond guaranteed income bond Guaranteed investment contract (GIC) guaranteed minimum pension Guaranteed Mortgage Certificates (GMC) Guaranteed replacement cost coverage insurance |
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