Life Insurance In Force


Definition of "Life insurance in force"

Boyce Grooms
  Century 21

Aggregate of face amount of coverage paid up, or on which premiums are still being paid, as issued by a life insurance company. This is one measure used to rank life insurance companies by size.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Named Insured

Person, business, or organization specified as the insured (s) in a property or liability insurance ...

Right Of Subrogation

The substitution of one person or business for another when the substituted person or business has ...

Open Listing

An agreement permitting a real estate agent to sell the property while also allowing the homeowner o ...

Retirement Income Policy

Form of deferred annuity; a life insurance policy that usually guarantees from 120 to 180 monthly in ...

Estoppel

Barring an act. It may occur when an individual has improperly acted resulting in an unfair advantag ...

Contingent Liability Insurance

coverage for contingent liability exposure. ...

Related Real Estate FAQ

What Is An Amortization?

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

What If They No Longer Make My Specific Computer?

The insurance company will replace it with a model as close to it as possible in the current retail ...

What Is A Mortgagee?

A morgagee is the lender. ...

What Happens When You Prequalify?

When you are prequalified, the lender gives you an estimate but does not formally commit to giving y ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

Should I Pay Extra Each Month?

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

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

Rent or Buy - the pros and cons Should you Buy a Home with Cash? Build or Buy? That’s the Big Question 7 Tips for a First Time Homebuyer What is Escrow and how does it Work?

FAQ

What is a title? Should I Consolidate My Debt? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is depreciation? What do I need to know about Term Life Insurance?