A cost-of-living rider lets you purchase extra life insurance to keep up with inflation. A guaranteed insurability rider gives you the option to purchase additional amounts of insurance at specified times. A term life insurance rider allows you to add an extra amount of term insurance to a ...
Universal life insurance. This life insurance is a hybrid of term and whole life. The premiums are flexible and they can accumulate cash value. The reduced paid-up option is only available with whole life insurance policies. What Is Reduced Paid-Up Insurance? Reduced paid-up insurance allows...
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...
Pay is the general term:His pay went up every year.Wage usually designates the pay given at an hourly, daily, or weekly rate, often for manual or semiskilled work; wages usually means the cumulative amount paid at regular intervals for such work:an hourly wage; weekly wages.Salary ...
pay up To give over the full monetary amount demanded.Idioms: pay (one's) dues To earn a given right or position through hard work, long-term experience, or suffering: She paid her dues in small-town theaters before being cast in a Broadway play. pay (one's) way To contribute one...
Neither does term life insurance, though that is much cheaper to buy and provides coverage for the length of time when you need it the most, however it doesn’t provide an investment component. Using Personal Dollars to Purchase Paid-Up Additions Using dividends to buy Paid-Up Additions is ...
The nonforfeiture reduced paid-up benefit is a life insurance policy nonforfeiture benefit option to use the cash surrender value of the policy to purchase a fully paid-up life permanent insurance policy for a lesser amount of coverage.
The Patent Term Adjustment (PTA) statute was designed to ensure patent terms aren't unfairly shortened by USPTO delays during prosecution. 35 U.S.C. § 154(b). The basic framework provides day-for-day extension of patent term to account for certain examination delays, such as when the USPT...
in the 2004-2008 term in excess of $55,000 has to be paid by the Member personally. legco.gov.hk 在2004至 2008年 任 期內所動用的 開支 若 超過 55,000元 ,多 出的數額須由議員自行支付。 legco.gov.hk [...] amount of money (commonly known as "insurance excess") to be paid by...
" or "paid-up additional life insurance rider." They may work differently as well. For some, the rider is flexible, allowing you to contribute between a maximum and minimum amount to the rider each year. Other companies stipulate