Business / Taxes / Guaranteed Renewable Policy: Your insurance company can?€™t cancel a guaranteed renewable life insurance policy as long as you pay the premium on time. With this type of policy, your payments can be increased only if they?€™re raised for everyone with the same policy. Today, all newly issued policies are guaranteed renewable.
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Policy Verb Synonyms: approach, procedure, (game) plan, design, scheme, programme, method, system, management, conduct, behavior, strategy, tactic(s), principle(s), protocol, regulation, rule, custom, way, practice, ways and means, action
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Business / Taxes / Participating Policy: When policyholders have what is called a participating policy from a mutual insurance company, they are eligible to receive dividends based on the company?€™s financial performance. When claims ar MORE
Business / Finance / Paid-Up Policy: A life insurance policy in which all premiums that are due have been paid. MORE
Business / Taxes / Own-Occupation Policy: If you purchase an own-occupation disability insurance policy, you are entitled to receive benefits if a disability prevents you from performing the skilled work for which you have been trained. Some MORE