Meaning SINGLE-PREMIUM LIFE INSURANCE: A whole life insurance policy requiring one premium payment, which accrues cash value much more quickly than a policy paid in installments
More terms such as Single-premium life insurance in Dictionary S.
- Definition Spousal Remainder Trust:
- Examples from which income is distributed to the beneficiary (such as a child of the grantor) to take advantage of a lower tax bracket, and that at the end of the term passes to the grantor's spouse single-premium life insurance definition.
- Definition Selling Concession:
- Examples The discount underwriters offer the selling group on securities in a new issue single-premium life insurance explain.
- Definition Subject To A (NY) Can:
- Examples Contingent upon trader's ability to cancel an order (on the indicated exchange single-premium life insurance what is.
- Definition Stockholder'S Report:
- Examples The annual report and other reports given to stockholders to inform them of the company's financial standing and developments single-premium life insurance meaning.
- Definition Sour Bond:
- Examples A bond issue that has defaulted on interest or principal payments, and will thus trade at a large discount and a poor credit rating single-premium life insurance abbreviation.