A type of insurance policy under which the insured receives a certain percent of the death benefit (usually 25%) on…

In contract law, it is an agreement to an offer. Both offer and acceptance are essential for contract formation. For…

A life insurance policy provision which allows the policyholder to apply the accumulated cash value, as a single premium payment,...

The determination of the amount due for payment under a policy of insurance. Insurance adjustment denotes the determination of the...

In contract law, it is an agreement to an offer. Both offer and acceptance are essential for contract formation. For...

A life insurance policy option under which accrued dividends may be used to mature the policy as endowment insurance. This...

A type of insurance policy under which the insured receives a certain percent of the death benefit (usually 25%) on...

A life insurance policy provision which allows the policyholder to apply the accumulated cash value, as a single premium payment,...