Terms with Category Estate Management
- Voluntary Life Insurance — Definition,
- Life insurance offered as part of an employee benefit package where the employee agrees to pay the insurance premiums.
- Whole Life Insurance — Definition,
- Permanent life insurance with level premiums for the policyholder's entire lifetime.
- Will — Definition,
- A document that states what must be done with a person's estate after his or her death.
- With-Profits Policy — Definition,
- Insurance that pays the policyholder a portion of the insurer's profits.
- Wraparound Annuity — Definition,
- An annuity that allows the annuitant to control how funds in the annuity are invested.
4.
Voluntary Life Insurance -
With-Profits Policy
With-Profits Policy