Interest Free Loans


Definition of "Interest free loans"

Means of borrowing at no charge by a policyowner under universal life insurance policies.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Risk Identification In Property Exposures

Process of discovering sources of loss concerning the property risk faced by individuals and busines ...

Nonadmitted Assets

Assets, such as furniture and fixtures, that are not permitted by state law to be included in an ins ...

Factory Mutual

Organization of a group of insurers composed of mutual property and casualty insurance companies, a ...

Live Animal Insurance

Coverage under the Commercial Property Floater for loss under two forms: livestock mortality life in ...

Minor

Person under the age of legal competence (most states specify 18 years). ...

Piggyback Loan

Loan in which two or more lenders participate in the total financing of a single mortgage. The lende ...

Related Real Estate FAQ

Should I Pay Extra Each Month?

This calculator figures how much interest savings you will have depending on how much extra you pay ...

What Is An Assessed Value?

The public tax assessor value of a property as determined for the purpose of taxation. ...

What Is A Title?

A title is the right of property ownership. ...

What Is An Annuity?

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

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

How To Choose A Realtor Mortgage Loan Types 10 Tips for Homebuyers Short Sale Homes 7 Tips for a First Time Homebuyer

FAQ

How do I file an Insurance Claim? What is hazard insurance? What is a down payment? What does Travel Insurance Typically Cover? What is a second mortgage?