April 27, 2006
Exposure
A unit of measure used to determine rates for life insurance coverage.
Filed under Money Glossary by Tracy Phaup
April 15, 2006
Borrowing From The Cash Value
Policy Owners can borrow up to the full amount of their whole life’s Life Insurance policy cash value.
Filed under Money Glossary by Tracy Phaup
April 4, 2006
Free Look
A policy owner is allowed to look over the insurance policy for 10 days and allowed to cancel the policy and qualify for a full refund of their premium payment.
Filed under Money Glossary by Tracy Phaup
