Accumulation Unit Value
Definition of "Accumulation unit value"
worth of each accumulation unit at the end of each valuation period for a variable annuity. This value is similar to that of the net asset value for a mutual fund.
Popular Insurance Terms
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Authority to act on behalf of an individual that terminates upon its revocation or death of that individual. ...
Combination of the federal estate tax and the federal gift tax. ...
In which at least two insurance policies provide identical coverage for the same risk. ...
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