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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 » | Life Paid-Up At Age: |
| | Life insurance for the whole of life with the sum insured of (55, 60, 65, 70, 75) insurance payable only on death, with premiums payable only to a specified age or until the prior death of the insured. It is possible to arrange for premium payments to almost any desired age, but the ages shown in parentheses (to the left) are the most common ages. | | More Definitions » |
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