Indivisible Contract

Definition of "Indivisible contract"

Stacey  Perryman
  Coldwell Banker Residential Real Estate

Inability to divide a cash value life insurance policy into a savings element and a protection element because, in theory, if the policyowner withdraws a portion or ail of the cash value, there is a reduction in the death benefit.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ