- life insurance policy loan
- avance sur police d'assurance-vie (2e)
English-French insurance dictionary. 2013.
life insurance policy loan
Regardez d'autres dictionnaires:
loan on life insurance policy — By insurer: not a loan in the ordinary sense of the term, being merely an advance by the insurer of a sum which the insurer ultimately must pay the borrower, that is, the insured. 29 Am J Rev ed Ins § 615. A loan by a bank or other financial… … Ballentine's law dictionary
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
Policy Loan — A loan issued by an insurance company that uses the cash value of a person s life insurance policy as collateral. Sometimes referred to as a life insurance loan. Traditionally, these were loans issued at a very low interest rate, but that is no… … Investment dictionary
policy loan — noun : a loan granted by the insurer to the holder of a life insurance policy in an amount no greater than the cash value of the policy * * * Insurance. a loan made by a life insurance company to a policyholder with the cash value of the policy… … Useful english dictionary
policy loan — A loan often made at a below market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy. Bloomberg Financial Dictionary … Financial and business terms
policy loan — See loan on life insurance policy … Ballentine's law dictionary
policy loan — Insurance. a loan made by a life insurance company to a policyholder with the cash value of the policy serving as security. * * * … Universalium
Stranger Originated Life Insurance — (STOLI) is a life insurance arrangement, in which speculators, who have no relationship to a person, initiate a insurance policy against their life and fund the premium payments for investment purposes. [cite web… … Wikipedia
Variable universal life insurance — (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to … Wikipedia
Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… … 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
