Home
E-Mail
Latest

Wholeoflife Insurance Financial Glossary

What is it? An insurance policy which pays out a lump sum when you die.

Finance Term Definition Added By: Luke

The Wholeoflife Insurance definition has been viewed 2565 Time(s)!




Send To Friends!

If you'd like to send the Wholeoflife 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 Wholeoflife Insurance. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Fixed Purchase Option is An option given to the lessee to purchase the leased equipment from the lessor on the option date for a guaranteed price. Both the date and the price must be determined at the inception of the lease. A typical fixed purchase option is 10% of the original cost of the equipment.

Financial Term Risk is The likelihood, in the insurers opinion, of your making a claim.

Financial Term Compounding is The process of determining the future value of a payment or a series of payments when applying the concept of compounding interest. This process is the opposite of discounting.

Financial Term Deferred Annuity is An annuity that delays payments until the holder elects to receive them.

Financial Term LLC (Limited Liability Company) is also called Limited Liability Partnership (LLP) It a new type of partnership that is now permitted in many states. Unlike a regular and limited partnership, in an LLC, all partners enjoy limited liability with regard to businesss liabilities, and, in that regard, they are similar to shareholders in a corporation.