General Account Guaranteed Investments Contract Gic


Definition of "General account guaranteed investments contract (gic)"

Earl C. Black
Earl C. Black Better Homes and Gardens Real Estate The Masiello Group

Type Of GUARANTEED INVESTMENTS CONTRACT in which funds for the contract are put in the insurance company's general account

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

National Association Of Insurance Brokers (naib)

Trade association of commercial insurance brokers whose objective is to further the interests of these brokers through education, lobbying, and adhere ...

Contingent Transit Insurance

Coverage if an insured can not collect on property damage or destruction losses from the hired transporter. For example, a truck transporting furnitur ...

Band System

System of classifying face amount of policies according to size within a given range. The premium rate per $1,000 of face amount varies on a declining ...

Surplus Account

Assets minus liabilities of the insurance company. ...

Gross Estate

Sum total of all assets owned by the decedent to include personal property, real property, and trust property. ...

Additional Deposit Privilege

Clause in some current ASSUMPTION WHOLE LIFE INSURANCE policies Such as UNIVERSAL LIFE insurance that allows unscheduled premiums to be paid at any ti ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

Who is a subagent? What are basis points? What is hazard insurance? What is a cap? What is a basic policy?