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Second to die insurance |
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Second to die insuranceInsurance policy that, on the death of the spouse dying last, pays a death benefit to the heirs that is designed to cover estate taxes.Second to die insurance Similar MatchesReplacement cost insuranceReplacement cost insuranceInsurance that pays out the full amount required to ../../finance-glossary/ damaged property with new property, without taking into account the depreciated value of the property. Insurance premium taxInsurance premium taxA tax imposed on certain insurance premiums where the risk is located in the UK. Umbrella personal liability insuranceUmbrella personal liability insuranceIn the US, liability insurance giving excess cover over and above that cover provided by other policies. For example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. If a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted. Participating life insuranceParticipating life insuranceLife insurance which pays bonuses to policyholders based on the company's investment performance. The policyholder can sometimes choose whether to take the dividend in the form of cash, reinvest in the policy or pay a reduced premium. Credit insuranceCredit insuranceInsurance against abnormal losses due to unpaid accounts receivable. Further SuggestionsPrivate Medical InsuranceAccident, Sickness and Unemployment insurance Coinsurance Life insurance policy endowment insurance wedding insurance Insurance principle liability insurance Stock insurance company Mortgage payment protection insurance (MPPI) Municipal bond insurance travel insurance Homeowners insurance policy Mortgage Life Insurance personal accident and sickness insurance Reinsurance Keyman Insurance insurance premium Blanket insurance policy whole life insurance War Risk Insurance disability income insurance accident insurance Letting insurance National Insurance |
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