Adjustable Life Insurance

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Adjustable Life Insurance

A life insurance policy in which the policyholder has the ability to change the death benefit, premium, the term of the policy, or the frequency with which premiums are paid. It should not be confused with an adjustable premium.
References in periodicals archive ?
The warrants do not contain any price or other adjustment provision, except for customary adjustment provisions that apply in the event of certain corporate events or transactions that affect all outstanding common shares.
At the meeting, shareholders were also asked to consider a resolution to approve anti-dilution adjustment provisions contained in certain outstanding common share purchase warrants of the Corporation, as more particularly described in the Information Circular.
Inventive contracting tools included obtaining 20-year contracting authority to encourage small business participation, application of multiple indices for Economic Price Adjustment provisions for both product and labor contract line items, and the use of a commercial sales clause that allows the contractor to use its facility for commercial business with an equitable credit to the government.
Marx completed and filed the form in accordance with a narrow interpretation of section 56 adjustment provisions.
Airport runway zoning and proposed property line adjustment provisions.
Chadbourne frequently negotiates contracts for the purchase and sale or merger of businesses containing purchase price adjustment provisions and, when necessary, represents clients in purchase price adjustment arbitrations.
1367-1(b) and (c) summarize the statutory positive and negative basis adjustment provisions in the Service's new simplified style, by not reiterating statutory language that is clear on its surface.
338-4 imposes carryover basis treatment with respect to an asset sale that occurs during the consistency period, but only if the basis of the target stock, as of the target acquisition date, reflects (through the operation of the investment adjustment provisions of the consolidated return regulations) gain from the disposition of the assets.
As described later in this article, nearly all pension plans with automatic adjustment provisions gave annual increases; however, relatively few plans provided discretionary increases in each of the 4 years studied.
The loan agreements include standard adjustment provisions which in certain circumstances may adjust the conversion price to no less than C$0.
Subject to customary adjustment provisions, the conversion price of the principal and interest shall be equal to the greater of: (i) $0.
Asphalt cost escalator clauses are price adjustment provisions that allow asphalt paving contractors to raise their construction price based on a fluctuation in asphalt costs which, typically, are directly related to the price of oil.