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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 income bondGuaranteed income bondA bond in which a single premium secures a guaranteed regular income until maturity at which time the original premium is returned. Guaranteed replacement cost coverage insuranceGuaranteed replacement cost coverage insuranceA policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation. Guaranteed death benefitGuaranteed death benefitPolicies where the company will pay out a certain amount when you die. Guaranteed minimum pensionGuaranteed minimum pensionThe minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension). Further SuggestionsGuaranteed Mortgage Certificates (GMC)Guaranteed insurance contract guaranteed death benefit Guaranteed investment contract (GIC) Guaranteed bond Guaranteed insurability guaranteed growth bond guaranteed minimum period guaranteed renewable policy guaranteed sum assured |
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