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 ?
Subject to purchase price adjustment provisions and other terms in the agreement,
5m in cash, subject to purchase price adjustment provisions and other terms set forth in the agreement.
The Warrants are subject to customary adjustment provisions in respect of anti-dilution matters.
The items of special importance when evaluating AL policies are the adjustment provisions and the commonly offered guaranteed insurability options.
482 and 6662 to address controlled transactions involving partnerships and the appropriate transfer-pricing methods, valuation approaches, periodic adjustment provisions, and documentation of those transactions.
Senators have expressed concern regarding reserve fund or adjustment provisions and whether their presence would result in a situation in which legislative questions, which would otherwise have required a three-fifths threshold in the Senate, could be agreed to with only a simple majority.
non-participating manufacturer (NPM) adjustment provisions.
According to the MOU obtained by Logistics Management, cost of living adjustment provisions of Article 33 of the National Master Freight Agreement "shall be suspended for the duration of this restructuring plan.
In addition, the agreement includes closing adjustment provisions based on whether the net tangible assets of Copernic are greater than or less then USD2.
s Retail Products business for about $335 million, subject to certain adjustment provisions.
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.
The items that are of special importance when evaluating AL policies are the adjustment provisions and the commonly offered guaranteed insurability options.