Guarantee


Definition of "Guarantee"

A financially binding guaranty assuring an obligation or contractual agreement will be fulfilled by the guarantor.

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Guertin Laws

Standard State Valuation and Non forfeiture Law approved by the national association of insurance commissioners (naic) in 1942. This law is named for ...

No-lapse Variable Universal Life Insurance

Policy of variable universal life insurance (VUL) under which, if the accumulation of the premiums paid at any point in time (minus policy loans, and ...

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Endorsements to life insurance policies that provide additional benefits or limit an insurance company's liability for payment of benefits under certa ...

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A home warranty is a guarantee for certain features of a new home-for instance, the materials and workmanship, the main components of the house, and s ...

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A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a smaller down payment on a FHA loan, but you will ...

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A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...

Do You Have Any Tips To Help Me Manage My Investing?

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A lock in guarantees a certain interest rate for a certain period of time. ...

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What do I need to know about Motorcycle Insurance? What do I need to know about Renters Insurance, and what does it cover? What is flood insurance? What is a mortgage insurance premium (MIP)? What is a lock in?