Universal Life Insurance

Booking.com
Booking.com

Advertisement

Universal Life Insurance adjustable life insurance under which premiums and coverage are adjustable, company expenses are not specifically disclosed to the insured but a financial report is provided to policyholder's annually. What is Universal Life Insurance , What does mean Universal Life Insurance , Insurance Guide, Insurance Glossary

Advertisement

Related Universal Life Insurance Articles

  • Health Plan Insurance Glossary
    Health Plan written promise of coverage given to an individual, family, or group of covered individuals, where a beneficiary is entitled to receive a defined se... more
  • Par Value Insurance Glossary
    Par Value the nominal or face value of a stock or bond. What is Par Value , What does mean Par Value , Insurance Guide, Insurance Glossary
  • Claim Insurance Glossary
    Claim a request made by the insured for insurer remittance of payment due to loss incurred and covered under the policy agreement. What is Claim , What does m... more
  • Collateralized Mortgage Obligations (CMOs) Insurance Glossary
    Collateralized Mortgage Obligations (CMOs) a type of mortgage backed security (MBS) with separate pools of pass through security mortgages that contain varying... more
  • Earthquake Insurance Glossary
    Earthquake property coverages for losses resulting from a sudden trembling or shaking of the earth, including that caused by volcanic eruption. Excluded are los... more
  • Dental Insurance Insurance Glossary
    Dental Insurance policies providing only dental treatment benefits such as routine dental examinations, preventive dental work, and dental procedures needed to... more
  • Prior Approval Law Insurance Glossary
    Prior Approval Law a state regulatory requirement for pre approval of all insurance rates and forms. What is Prior Approval Law , What does mean Prior Approval... more
  • Medicare Advantage Plan Insurance Glossary
    Medicare Advantage Plan an HMO, PPO, or Private Fee For Service Plan that contracts with Medicare Advantage Prescription Drug Plan also includes drug benefits.... more
  • Total Revenue Insurance Glossary
    Total Revenue premiums, revenue, investment income, and income from other sources. What is Total Revenue , What does mean Total Revenue , Insurance Guide, Ins... more
  • Affiliate Insurance Glossary
    Affiliate a person or entity that directly, or indirectly, through one or more other persons or entities, controls, is controlled by or is under common control... more
  • Capital Gains (Loss) Insurance Glossary
    Capital Gains (Loss) excess (deficiency) of the sales price of an asset over its book value. Calculated on the basis of original cost adjusted, as appropriate,... more
  • Permanent Life Insurance Insurance Glossary
    Permanent Life Insurance policy that remains active for the life of the insured. What is Permanent Life Insurance , What does mean Permanent Life Insurance ,... more
  • Variable Universal Life Insurance Glossary
    Variable Universal Life combines the flexible premium features of universal life with the component of variable life in which excess credited to the cash value... more
  • Independent Contractor Insurance Glossary
    Independent Contractor an individual who is not employed for a company but instead works for themselves providing goods or services to clients for a fee. What... more
  • Reserve Insurance Glossary
    Reserve A portion of the premium retained to pay future claims What is Reserve , What does mean Reserve , Insurance Guide, Insurance Glossary
  • Statement Type Insurance Glossary
    Statement Type refers to the primary business type under which the company files its annual and quarterly statement, such as Life, Property, Health, Fraternal,... more
  • Commercial Property Insurance Glossary
    Commercial Property property insurance coverage sold to commercial ventures. What is Commercial Property , What does mean Commercial Property , Insurance Guid... more
  • Pollution Insurance Glossary
    Pollution environmental contamination. What is Pollution , What does mean Pollution , Insurance Guide, Insurance Glossary
  • Variable Annuity Insurance Glossary
    Variable Annuity an annuity contract under which the premium payments are used to purchase stock and the value of each unit is relative to the value of the inve... more
  • Event Cancellation Insurance Glossary
    Event Cancellation coverage for financial loss because of the cancellation or postponement of a specific event due to weather or other unexpected cause beyond t... more
  • Automobile Liability Insurance Insurance Glossary
    Automobile Liability Insurance coverage for bodily injury and property damage incurred through ownership or operation of a vehicle. What is Automobile Liabili... more