Unit linked whole of life assurance


 

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Unit linked whole of life assurance

See: 'whole life assurance'.



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Unit linked life assurance

Unit linked life assurance

See : 'unit linked policy'.


Decreasing term assurance

Decreasing term assurance

A life insurance policy that pays out a lump sum in the event of death. The amount paid out can be calculated so that it fall in line with your outstanding mortgage debt – meaning that over time the borrowers premiums also fall. This type of policy is well suited to providing cover on a repayment mortgage. 


Industrial life assurance

Industrial life assurance

An assurance policy on the life of an individual where weekly or monthly premiums are regularly paid to the assurance company by way of their agent who collects directly from the policyholder's home. This method of collection originated in industrial areas as a means of saving for a future lump sum or protection against industrial accidents etc. This type of assurance is now virtually extinct.


Decreasing term assurance

Decreasing term assurance

Life insurance in which the death benefit decreases over the term of the policy although the premiums remain fixed.


Life assurance premium relief

Life assurance premium relief

A tax relief of 15% on the premiums paid into long-term insurance policies. Applies only to policies lasting for more than 10 years and issued before March 13, 1984.


Further Suggestions

renewable term assurance
index linked term assurance
endowment assurance
term assurance
life assurance
Level term assurance
unit linked endowment assurance
assurance
Life assurance
contingent assurance
family income benefit (family income assurance)
joint life assurance
index linked family income assurance
bancassurance


 
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