Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,761,217,619 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Guaranteed renewable policy

   Also found in: Acronyms 0.06 sec.

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.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Due to this, the initial premiums are less expensive for the guaranteed renewable policy as compared to the non-cancelable one.
Better look for a non-cancelable policy or guaranteed renewable policy.
So the guaranteed renewable policy form, which allows rate increases only when applied to a group of policyholders, not just to an individual, is the appropriate one for long-term-care insurers today Garner said.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.