reduced paid-up insurance — /payd up / life insurance in which a nonforfeiture value is used to purchase a reduced amount of fully paid up insurance of the same kind as the surrendered policy. * * * … Universalium
reduced paid-up insurance — /payd up / life insurance in which a nonforfeiture value is used to purchase a reduced amount of fully paid up insurance of the same kind as the surrendered policy … Useful english dictionary
insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or … Law dictionary
insurance underwriter — ➔ underwriter * * * insurance underwriter UK US noun [C] INSURANCE ► a person whose job is to calculate the risk that is involved in an activity or in providing insurance for a particular customer, and to decide how much should be paid for… … Financial and business terms
insurance — ► NOUN 1) the action of insuring. 2) the business of providing insurance. 3) money paid for insurance, or as compensation under an insurance policy. 4) a thing providing protection against a possible eventuality … English terms dictionary
paid–up — adj: requiring no further payments a paid–up insurance policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… … Financial and business terms
insurance — noun ADJECTIVE ▪ comprehensive ▪ fully comprehensive car insurance ▪ adequate ▪ additional ▪ long term, short term … Collocations dictionary
