Universal Life Insurance Financial Glossary
What is it? A cash value life insurance policy that provides life insurance protection and a savings component, with a guaranteed rate of return.Finance Term Definition Added By: Katie
The Universal Life Insurance definition has been viewed 2399 Time(s)!
Send To Friends!
If you'd like to send the Universal Life Insurance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Universal Life Insurance. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Index Fund is A mutual fund that seeks to parallel the performance of a market index. Index funds are designed to take advantage of the average long-term growth of the market segment tracked by the index rather than attempting to beat the market. The cost of managing an index fund is usually less than managing other types of funds that require more frequent trading.Financial Term Contractor is A project participant who has a wide-ranging role in the project throughout its lifetime
Financial Term Savings Account is A deposit account with no legal limits or requirements as to amount, duration, or times of additions. Savings accounts do not come with checks but do include ATM cards for cash withdrawals.
Financial Term Price earning growth is The Price earning growth (PEG) factor measures the relative cost of earning growth at the current share price.
Financial Term Present Value is Definition Value of future cash flows as if they were available today. A simple example is that an individual might be willing to receive $100 per year for the next ten years for a total of $1,000 as an alternative to receiving $600 (the present value of $1,000) today. The $600 is less than the total of $1,000, but it is a bird in the hand - and the investor doesnt have to wait for ten annual payments. Buying or selling a business is much the same way. What are you willing to pay or receive now for a company in exchange for its future cash flows?