- converted term insurance
- Term life insurance which has been changed to a policy providing surrender and paid-up values by virtue of a provision in the term policy.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
convertible-term insurance — A life insurance policy providing cover for a given period but which may be converted to eg a whole life policy at some time during this period at favourable terms • • • Main Entry: ↑convert … Useful english dictionary
Categorisation of long-term insurance business for corporation tax purposes in the United Kingdom — For corporation tax purposes in the United Kingdom, long term insurance business is divided into different categories. The reason for this is that each category of business is given a different tax treatment. The categorisation is currently set… … Wikipedia
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… … Wikipedia
term — The period of time during which a contract is in force. Bloomberg Financial Dictionary * * * ▪ I. term term 1 [tɜːm ǁ tɜːrm] noun 1. [countable] a word or expression that has a particular meaning, especially in a technical or scientific subject:… … Financial and business terms
war risk insurance — Term insurance, covering death and total permanent disability, issued to servicemen of World War 1, ultimately converted by many of them to United States Government Life Insurance. 29A Am J Rev ed Ins § 1974 … Ballentine's law dictionary
Retrospectively Rated Insurance — is a type of insurance that uses retrospective rating: a method of establishing a premium on large commercial accounts. The final premium is based on the insured s actual loss experience during the policy term, sometimes subject to a minimum and… … Wikipedia
Old Mutual — plc Type Public company Traded as LSE: OML JSE … Wikipedia
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… … Universalium