Advanced Funded Pension Plan

Definition of "Advanced funded pension plan"

Retirement plan in which money is currently allocated to fund an employees' pension.

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Adjusted Premium Method

Method of calculating the life insurance policy's cash surrender value (CSV) not contingent upon the ...

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Lath

Originally strips of wood approximately 1 to 1 1/2 inch wide, 1/4 to 3/8 inch thick by approximately ...

No-lapse Variable Universal Life Insurance

Policy of variable universal life insurance (VUL) under which, if the accumulation of the premiums p ...

Offer To Purchase

A proposal to buy property at a specified price. The seller of the property has the options of accep ...

Finite Risk Insurance

Type of insurance that provides a single aggregate limit of coverage within the insurance policy ter ...

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