An arrangement similar to a universal life contract. Death benefit amounts are based on the amount selected by the policyholder plus the account value. The policyholder's account value is linked to cumulative returns based on the S&P 500 index or some other tied index. An essential component of the contract is that the cash surrender value is also linked to a tied index. Typically, the tied index does not include dividends. There may be additional constraints on the amount that the insurance company will credit as interest under this policy. |
Immediate Annuity
Income Date
Income Protection Insurance
Incontestability Provision
Increasing Term Life Insurance
Incurred But Not Reported Losses (IBNR)
Incurred Losses
Indemnify
Independent Agent
Indeterminate Premium Life Insurance Policy
Indexed Life Insurance Contract
Individual Retirement Account (IRA)
Inflation Guard Clause
Inland Marine Insurance
Insolvency
Insurable Interest
Insurable Risk
Insurance Pool
Insurance Regulatory Information System (IRIS)
Insurance Score
Insurance-to-value
Insurance
Integrated Benefits
Interest-adjusted Cost Comparison Index
Interest-sensitive Insurance
Intermediation
Internet Insurer
Internet Liability Insurance
Investment Annuity
Investment Income
Irrevocable Beneficiary.
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