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COVER Magazine Cover Magazine is a high quality, informative journal for all sectors of the financial services industry: short and long-term insurance companies, reinsurers, all intermediaries including health care and employee benefit consultants, loss adjusters, risk managers, tax advisers and financial planners, ...
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From The Glossary » | Estimated Maturity Value @ 6% / @12%: |
| | Is the Illustrative Maturity Value @ 6% of the fund at the end of the term i. e. at maturity. This takes into account the remaining term, the premiums to be paid as well as any contribution increases. It is important to realise that this is a projected figure and is subject to change as the fund performance in the underlying portfolio changes. Life Offices may adjust the projection rate from time to time depending on actual performance of fund portfolios ... | | More Definitions » |
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