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Guaranteed sum assured |
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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.Similar MatchesGuaranteed 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 renewable policy insuranceGuaranteed 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 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 growth bondGuaranteed growth bondA bond in which a single premium secures a guaranteed amount at its maturity date. Guaranteed death benefitGuaranteed death benefitA life policy in which there is a minimum sum payable on the death of the life assured. Further SuggestionsGuaranteed investment contract (GIC)Guaranteed Mortgage Certificates (GMC) Guaranteed insurance contract Guaranteed insurability guaranteed minimum pension Guaranteed bond Guaranteed death benefit guaranteed trust guaranteed minimum period guaranteed renewable policy |
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