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National Insurance (NI) Basic Pension |
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National Insurance (NI) Basic PensionThe basic state pension funded by a person's National Insurance Contributions over his working life and part of the National Insurance Pension. The rate at which the basic pension is paid is dependent on the person's National Insurance contributions record over his working life.Similar MatchesGroup insuranceGroup insuranceInsurance provided for company employees by employers. Items covered may include health insurance, disability insurance and term life insurance. It would be considerably more expensive for a single employee to obtain such insurance. Accident insuranceAccident insuranceInsurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings. If, for example, the insured sustains the loss of a limb or an eye, a specified lump sum is payable. Whole life insuranceWhole life insuranceIn the US, a life insurance policy, with level premiums, which provides a stated benefit on the death of the life insured and a savings element which accumulates a cash value. The dividends or interest are allowed to build up tax-deferred. The insured is able to redeem the cash value or borrow against it in what is known as a policy loan. Any part of a loan which is unpaid at the death of the insured is deducted from the face value. Accidental death insuranceAccidental death insuranceInsurance which pays a lump sum in the event of death of the insured being caused by an accident. Blanket insurance policyBlanket insurance policyA policy that covers more than one person or piece of property. Further SuggestionsStraight term insurance policyconvertible term insurance legal expenses insurance travel insurance Private Medical Insurance Deposit insurance Group insurance Federal Deposit Insurance Corporation (fdic) Mortgage Insurance endowment insurance liability insurance contents insurance Insurance claim social security disability income insurance comprehensive insurance Casualty insurance insurance premium Named perils insurance single premium life insurance personal accident and sickness insurance Loss of income insurance Single premium life insurance Second to die insurance Marine Cargo Insurance Private Mortgage Insurance (PMI) |
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