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.
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