Learn about Universal Life Insurance, a life insurance policy offering flexible premiums where policyholders can choose their premium amount and receive corresponding benefits.
Explore the interest sensitive provision in life insurance that ensures a guaranteed interest amount plus potential additional interest based on current interest rates, common in flexible premium policies.
Deferred compensation in pensions allows employees to defer current payments until death, disability, or retirement, as agreed upon with the employer in a written statement. Learn the benefits and regulations.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.