Guaranteed InsurabilityAn option that permits the policyholder to buy additional stated amounts of life insurance at stated times in the future without evidence of insurability.
guaranteed investment certificatesA deposit instrument paying a predetermined rate of interest for a specified term. Available from banks, trust companies and other financial institutions.
Guaranteed Investment Contract (GIC)A guaranteed investment contract, or GIC (pronounced gick), promises to preserve your principal and to provide a fixed rate of return when you begin to…
Guaranteed renewable policyYour insurance company can't cancel a guaranteed renewable life insurance policy as long as you pay the premium on time.
Guaranteed Replacement Cost CoverageEndorsement that lets you replace your home without subtracting for depreciation, even if it costs more than the policy limit.
Guaranteed Student LoanAn extension of credit from a financial institution that is guaranteed by a Federal or State government entity to assist with tuition and other…
GuarantorA party who agrees to be responsible for the payment of another party's debts should that party default.
Guaranty FeePayment to FannieMae from a lender for the assurance of timely principal and interest payments to MBS (Mortgage Backed Security) security holders.
GuardianA guardian is someone you designate to be legally responsible for your minor children or other dependents who are unable to take care of themselves if you…
GutterA shallow channel of metal or wood set immediately below and along the eaves of a building to catch and carry off rainwater.