flexible-premium life

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• Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

• life insurance — insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. [1800 10] * * * Method by which large groups of individuals… …   Universalium

• life insurance — n: insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance: whole life insurance in this entry straight life insurance …   Law dictionary

• Life Sciences — ▪ 2009 Introduction Zoology       In 2008 several zoological studies provided new insights into how species life history traits (such as the timing of reproduction or the length of life of adult individuals) are derived in part as responses to… …   Universalium

• Flexible-fuel vehicle — For other types of vehicles, see Alternative fuel vehicle and Hybrid vehicle. The Ford Model T was the first commercial flex fuel vehicle. The engine was capable of running on gasoline or ethanol, or a mix of both. A flexible fuel vehicle (FFV)… …   Wikipedia

• Universal life insurance — Universal Life is a type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value. The cash value is credited each… …   Wikipedia

• Adjustable Life Insurance — A type of life insurance that combines features of term and whole life coverage, giving holders the option to change the characteristics of their policies as their needs change over time. Adjustable life insurance policies allow holders to… …   Investment dictionary

• Variable Survivorship Life Insurance — A type of variable life insurance policy that covers two individuals and pays a death benefit to a beneficiary, only after both people have died. Variable Survivorship Life Insurance does not pay any benefit when the first policyholder dies.… …   Investment dictionary

• Variable Universal Life Insurance - VUL — A form of cash value life insurance that offers both a death benefit and an investment feature. The premium amount for variable universal life insurance (VUL) is flexible and may be changed by the consumer as needed, though these changes can… …   Investment dictionary

• Navy Mutual Aid Association — is a nonprofit, federally tax exempt, mutual benefit Veterans Service Organization which was established in 1879 by sea service members for the purpose of providing financial protection to Navy, Marines, Coast Guard, National Oceanic and… …   Wikipedia

• Yearly Renewable Term - YRT — A one year term life insurance policy. This type of policy gives policy holders a quote for the year the coverage is bought. When you buy the yearly renewable term insurance policy, the premium you are quoted is for you at the given year that you …   Investment dictionary