Glossary Whole Life Insurance annuityccFebruary 11, 2023 This insurance is kept in force for a person's entire life and pays a benefit upon the person's death, whenever it may...
Glossary Warranty annuityccFebruary 11, 2023 This material stipulation in a policy, if breached, may void...
Glossary Waiver of Premium annuityccFebruary 11, 2023 Continuation of life insurance coverage if the insured becomes totally disabled and is unable to pay the...
Glossary Waiver of Cost annuityccFebruary 11, 2023 This disability rider is found in Universal Life Insurance and waives the cost of the insurance but does not waive the...
Glossary Waiting Period annuityccFebruary 11, 2023 This is the period of time between the beginning of a disability and the start of disability insurance...
Glossary Valued Contract annuityccFebruary 11, 2023 This disability insurance or life insurance contract pays a stated amount in the event of a...
Glossary Utmost Good Faith annuityccFebruary 11, 2023 The fair and equal bargaining by both parties in forming the contract, where the applicant must make full disclosure of...
Glossary Universal Life annuityccFebruary 11, 2023 This combination of Annual Renewable Term and a cash account invested in the general fund of the insurance...
Glossary Unilateral Contract annuityccFebruary 11, 2023 This contract legally binds only one party to contractual obligations after a premium is...