second insurance what is
Meaning of Second-to-die insurance explanation. What is last, pays a death benefit to the heirs.

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Second-to-die insurance definition

Meaning SECOND-TO-DIE INSURANCE: Insurance policy that, on the death of the spouse dying last, pays a death benefit to the heirs that is designed to cover estate taxes

More terms such as Second-to-die insurance in Dictionary S.

Definition S;P Rating:
Examples Rating service provided by S;P that indicates the amount of risk involved with different securities second-to-die insurance definition.
Definition Stock Power:
Examples A power of attorney form giving ownership of a security to another person, brokerage firm, bank, or lender after it has been sold or pledged to that party second-to-die insurance explain.
Definition Savings Bond:
Examples A government bond issued in face value denominations from $50 to $10,000, with local and state tax-free interest and semiannually adjusted interest rates second-to-die insurance what is.
Definition Stand Up To:
Examples market in the trader's own bid and offering prices. Hence, standing up to the bid signifies the trader's willingness to buy size (i.e., 50m) volume at the advertised bid, even if the second-to-die insurance meaning.
Definition Scheduled Cash Flows:
Examples The mortgage principal and interest payments due to be paid under the terms of the mortgage, not including possible prepayments second-to-die insurance abbreviation.
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