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Unit linked life assurance |
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Unit linked life assuranceSee : 'unit linked policy'.Similar MatchesIndex linked family income assuranceIndex linked family income assuranceFamily income assurance in which the assured may, if he or she chooses, increase premiums in line with the retail price index and hence increase the sum assured. Term assuranceTerm assuranceA life insurance policy in which cover is provided for a specified period of time (the term). The sum assured is paid if the death of the insured occurs during the term. If the insured survives the term, the contract ceases and no benefit is payable when the individual subsequently dies. Level term assuranceLevel term assuranceLife assurance that pays out a set amount throughout the entire agreement if you die during the term. Contingent assuranceContingent assuranceLife assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. For example the policy may specify the prior death of the spouse of the life assured. Family income benefit (family income assurance)Family income benefit (family income assurance)A type of term assurance in which, following the death of the life assured, instalments, rather than a lump sum, are paid to the beneficiary for the remainder of the policy term. If the life assured lives to the end of the term, no benefit is payable. Further Suggestionsjoint life assuranceassurance unit linked whole of life assurance bancassurance unit linked endowment assurance index linked term assurance life assurance premium relief life assurance industrial life assurance Decreasing term assurance endowment assurance Life assurance decreasing term assurance renewable term assurance |
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