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Paid up policy |
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Paid up policyIn the USA, a life insurance policy where all premiums have been paid. This may be a policy where premiums are paid for a set number of years after which it is deemed paid up although continuing in force. In the UK, this is cancellation of premiums for a life assurance policy during the policy term where, instead of the policyholder applying for the cash value, he/she elects to leave premiums paid to date as a paid up policy which will give reduced benefits at maturity.Paid up policyA life insurance policy in which all premiums that are due have been paid.Paid up policy Similar MatchesStrategic trade policy argument for a tariffStrategic trade policy argument for a tariffIn an example of strategic trade policy, the use of a tariff to extract monopoly profits from a foreign monopolist, or to shift profit from foreign to domestic competitors in an international oligopoly. The monopoly case seems to have originated with Katrak (1977), but the classic treatment of the larger issue is Brander and Spencer (1984). Collection policyCollection policyProcedures a firm follows in attempting to collect accounts receivables. Open PolicyOpen PolicyA marine cargo insurance policy issued to cover various unspecified exports over the life of the policy. Traded endowment policy (Tep)Traded endowment policy (Tep)Another name for Second-Hand Endowment Policy (Shep). Policy excessPolicy excessThe amount you will have to pay when you make a claim. For example, this may be the first £100 of a £1000 claim for damage caused by a fire. Further SuggestionsStabilization policynon qualifying life policy Bank Letter of Credit Policy Nonparticipating life insurance policy Financial institution buyer credit policy Fiscal policy Policy asset allocation valued policy Competition policy policy loan qualifying policy Accommodative monetary policy Trade Policy Review Mechanism unit linked policy Umbrella personal liability policy Strategic trade policy Loan Policy Multibuyer policy Policy loan Straight term insurance policy Guaranteed renewable policy insurance Dividend policy loan protection policy insurance policy Policy schedule |
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