Absolute Beneficiary
Same as term: Beneficiary; Beneficiary Clause:
Popular Insurance Terms
Same as term Dynamic: changing state of the economy associated with changes in human wants and desires such that losses or gains occur. Dynamic changes are not insurable. ...
Funding of an employee's benefits in a pension plan for his or her beginning past service of employment. This is a significant cost factor in pension planning and financing of future ...
Type of guaranteed investment contract in which the interest rate credited is tied to an external index such as the United States Treasury Bond Index. ...
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State law that limits the admitted value of an insurance company's EDP equipment to 3% of the company's ADJUSTED SURPLUS. ...
Unfunded trust that acts as the owner of a life insurance policy. The trust receives a donor's cash payments on a periodic basis, from which the beneficiary of the trust has a specified ...
Specified amount received by an insured at the end of an endowment period (usually the face amount of the endowment policy), or by the owner of an ordinary life policy (usually the ...
Explicit liability reserve, required by the national association of insurance commissioners (naic), established for all invested asset classes. Specific reserves are established for real ...
Bonds that are less than investment grade plus the bonds that are in or approaching default, which comprise part of the insurance company's investment bond portfolio. ...
Comments for Absolute Beneficiary
I was waiting on a direct deposit to post, but they closed the account while the deposit was pending. I documented everything. What are my options?
Apr 22, 2023 22:11:25Hello Anthony,
Apr 24, 2023 11:22:07We advise you to contact the bank (or even the bank manager) to investigate your case. They're responsible for such situations and must supply you with a proper solution. If unsatisfied with the bank's response, contact an expert attorney. You can also try alternative platforms for deposits.
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