Meaning GUARANTEED INSURABILITY: A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions
More terms such as Guaranteed insurability in Dictionary G.
- Definition Growth Manager:
- Examples A money manager who seeks to buy stocks that typically sell at relatively high P/E ratios due to high earnings growth, with the expectation of continued high or higher earnings growth guaranteed insurability definition.
- Definition GNMA-I:
- Examples securities (M.B.S.) on which registered holders receive separate principal and interest payments on each of their certificates, usually directly from the servicer of the M.B.S. pool. GNMA-I mortgage guaranteed insurability explain.
- Definition Guaranteed Mortgage Certificates (GMC):
- Examples First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac guaranteed insurability what is.
- Definition Growing Equity Mortgage (GEM):
- Examples Mortgage with a fixed interest rate and payments that increase throughout the term of the mortgage guaranteed insurability meaning.
- Definition Guaranteed Insurance Contract:
- Examples A contract promising a stated nominal interest rate over some specific time period, usually several years guaranteed insurability abbreviation.
