All > Business > Finance > Insurance > Life Insurance
The value of the policy if cancelled, either in cash or in another form of insurance. Also available to the policyholder if required premium payments are not paid.
- Browse Related Terms: Automatic Premium Loan, dividend, Grace Period, Lapsed Policy, Level Premium Insurance, Loan Value, Non-forfeiture Values, Paid-up Insurance, Premium, Reinstatement, Settlement Option, Waiver of premium
All > Business > Finance > Insurance > Life Insurance
Insurance on which no dividends are paid.
- Browse Related Terms: Mutual Life Insurance Company, Non-participating Insurance, Participating Insurance, Policy Dividend, Producer, Risk Classifcation, Stock Life Insurance Company, Underwriting