Life insurance in force


 

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Life insurance in force

The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid.



Life insurance in force

Similar Matches

Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation

In the US, the federal agency that acts as guarantor for funds deposited in member banks.


Conditional insurance

Conditional insurance

The borrower must sign up to one or more insurance policy with the lender in order to take out a specific mortgage. Check that the insurance premiums are competitive. 


Social security disability income insurance

Social security disability income insurance

Insurance which provides income to disabled people incapacitated for one year or more. Benefits are payable up to the person's death.


Term life insurance

Term life insurance

A contract that provides a death benefit but no cash build up or investment component. The premium remains constant only for a specified term of years, and the policy is usually renewable at the end of each term.


Universal life insurance

Universal life insurance

A combination of term life insurance and a savings element which is invested to provide a cash value build up. The policy is flexible in that the death benefit, savings element and premiums can be reviewed and altered from time to time as a policyholder's circumstances change.


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