Guaranteed sum assured
Guaranteed 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 insurabilityGuaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed minimum pensionGuaranteed minimum pension
The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).
Guaranteed growth bondGuaranteed growth bond
A bond in which a single premium secures a guaranteed amount at its maturity date.
Guaranteed minimum periodGuaranteed minimum period
The period during which an annuity is paid irrespective of whether the annuitant dies during that period.If the annuitant lives beyond this period, payments continue until death. An annuity with such a guarantee could benefit people, with dependants who require the income to continue after their death. This means that the sum of money paid for the annuity would not be wasted in the event of early death.
Guaranteed replacement cost coverage insuranceGuaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation.
Further SuggestionsGuaranteed Mortgage Certificates (GMC)
guaranteed renewable policy
Guaranteed renewable policy insurance
guaranteed income bond
Guaranteed insurance contract
guaranteed death benefit
Guaranteed death benefit
Guaranteed investment contract (GIC)