A definition of the term paid-up policy is presented. It refers to an endowment insurance policy that continues to provide life insurance while the cost of the premiums is covered by the underlying fund after the policyholder has decided not to continue paying premiums. The term also refers to...
Paid-up additional life insurance can be thought of as small chunks ofwhole life insurancepurchased with dividends from a whole life policy. Each paid-up addition (PUA) has its own death benefit and cash value, and also earns dividends. This makes them an effective way to increase thecash v...
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. Random House Unabridged Dictionary,Copyright © 1997, by Random House, Inc., on Infoplease. ...
The reduced paid-up insurance definition is when someone with a whole life insurance policy takes a lower amount of insurance. Tip Many business owners take out life insurance policies to ensure their families can cover business expenses if something happened. Understanding Life Insurance Life ...
The Voluntary Paid Duty shall be under the supervision of a regular supervisor, as required by the policy of the Workplace Safety Insurance Act of Ontario. If further assistance is required, the Central Paid Duty Office at 416-808-7880 should be contacted. Paid Duty may only be performed by...
first you must pay up what you owe→ primero debe abonar la deudaI was not worried because I knew my insurance policy was paid up→ no estaba preocupada porque sabía que los pagos de mi póliza de seguros estaban al día B. VI + ADV→ pagar (lo que se debe)pay up!→ ¡a ...
网络释义 1. 团体缴清保险 团体缴清保险(Group Paid-up Life Insurance) [编辑] 团体缴清保险是由一年定期死亡保险和终身死亡保险相结合的险种。wiki.mbalib.com|基于8个网页 2. 团体缴清寿险 团体缴清寿险(Group Paid-up Life Insurance)系由员工负担保nccuir.lib.nccu.edu.tw|基于3个网页©...
What Are Paid-Up Additions in Life Insurance? Paid-up additions are small amounts of extra coverage you can buy if your whole life policy issues dividends.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on...
D. Successful because Smith is a proper assignee of Jones’ rights under the insurance policy. 正确答案:B 分享到: 答案解析: B is corrent. The beneficiary of a life insurance contract is an intended third-party donee beneficiary, and as such, can maintain an action against the insurance com...
This statistic illustrates the total value of gross claims paid in the life insurance industry in Albania in the first quarter of 2021.