All > Business > Finance > Insurance > Life Insurance

• One of several ways, other than immediate payment in a lump sum, in which the insured or beneficiary may choose to have the policy proceeds paid.

  Alabama Department of Insurance - Cite This Source - This Definition
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  Cite Definition for Settlement Option

  American Psychological Association (APA)

  Settlement Option. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/settlement-option.

  Chicago Manual of Style (CMS)

  Settlement Option. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/settlement-option (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Settlement Option." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/settlement-option.

• 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

• A life insurance company owned by stockholders who share in the company's surplus earnings.

  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Stock Life Insurance Company

  American Psychological Association (APA)

  Stock Life Insurance Company. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/stock-life-insurance-company.

  Chicago Manual of Style (CMS)

  Stock Life Insurance Company. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/stock-life-insurance-company (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Stock Life Insurance Company." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/stock-life-insurance-company.

• Browse Related Terms: Mutual Life Insurance Company, Non-participating Insurance, Participating Insurance, Policy Dividend, Producer, Risk Classifcation, Stock Life Insurance Company, Underwriting

All > Business > Finance > Insurance > Life Insurance

• (See Whole Life Insurance.)
  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Straight Life Insurance

  American Psychological Association (APA)

  Straight Life Insurance. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/straight-life-insurance.

  Chicago Manual of Style (CMS)

  Straight Life Insurance. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/straight-life-insurance (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Straight Life Insurance." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/straight-life-insurance.

• Browse Related Terms: Annuity, Convertible Term Insurance, Cost Index, Cost-Of-Living Rider, Guaranteed Insurability, Insured, policy, Policy Loan, Renewable Term Insurance, Straight Life Insurance, Term insurance, Term Rider, Universal life insurance, Whole Life Insurance (Straight Life or Permanent Life)