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In which of the following are individuals guaranteed by an insurance company to earn a minimum interest rate on their investment?
Wiki User
∙ 6y ago
fixed annuity
Wiki User
∙ 6y ago
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What is a 770 investment?
A 770 investment is investing in whole life or permanent insurance.
What is interest sensitive whole life insurance?
It is a guaranteed fixed premium permanent life insurance policy. It usually has a Guaranteed Minimum Cash Value that increases each year.
Is Variable whole life insurance a good investment?
When making a decision about an investment I would always reccommend you look at guarantees! Whole life....Guaranteed. Variable Whole Life.....? If you are going to make investments in variable then why would you not buy Mutual Funds? You still need life insurance for protection and as a plan of completion, I would just look closely at Variable. EVERYONE needs whole life.
What is Guaranteed minimum rate of interest Life Insurance?
fixed
What does portability mean in the context of life insurance?
Portability means to carry. In the insurance world it means for a person to able to be insurable when leaving one employer to another. As in HIPAA (Health Insurance Portabliity and Accountability Act.) Check out the HIPAA laws all the information that you need is there. A person is guaranteed access to health insurance for small business. Guaranteed renewal of insurance regardless of health status of any member of a group. Guaranteed access for individuals that lose their group coverage due to loss of employment or change of jobs to a company without insurance. And Pre-Existing conditions cannot be imposed for workers with previous coverage and limited conditions treated or diagnosed within six months prior to enrollment in an insurance plan. I hope that helps.
When are individuals guaranteed by an insurance company to earn a minimum interest rate on their investment?
The guarantee of earning a minimum interest rate on an investment by an insurance company can vary depending on the specific policies and products offered. In some cases, individuals may be guaranteed a minimum interest rate when investing in certain types of annuities or guaranteed investment contracts (GICs). However, it is important to carefully review the terms and conditions of the specific insurance product to understand the guarantees and limitations.
What Life insurance companies are issuing Guaranteed investment contract?
fixed
Which of the following is not a type of investment?
Term insurance
What is offered by the Minnesota Life Company?
Minnesota Life Insurance Company probides insurance, pension, and investment products that offer financial security to various individuals and businesses.
Full form of GIC?
Guaranteed Investment Contract. Debt instrument issued by an insurance company, usually in a large denomination, and often bought for retirement plans. The interest rate paid is guaranteed, but the principal is not. also called guaranteed interest contract.Read more: http://www.investorwords.com/2170/GIC.html#ixzz1l1T6HnC1
Where can I purchase guaranteed insurability life insurance?
you can purchase guaranteed insurability life insurance . you can check on this www.MutualofOmahaLife.com or www.AccuQuoteLife.com
What is Guaranteed issue life insurance?
Guaranteed issue life insurance is life insurance that is guaranteed acceptance. That means if you apply you are guaranteed to be accepted for life insurance coverage. However, you usually have to be a certain, like 45-75. Also, the amount of coverage is not fully available until 1-2 years after you own the policy - this is called graded benefit life insurance.
What services does Prudential Insurance provide in the UK?
Prudentia Insurance UK provides the following services: pension, annuities, investments ISAs, bonds, open-ended Investment companies, insurance- auto, home, private health, travel.
Benifits of country mutual insurance?
Country Mutual insurance offers coverage for the following; auto insurance, home and renters insurance, life insurance, commercial insurance, disability insurance, and medical suppliment insurance. They also offer long term care, annuities, mutual funds, trusts, retirement, education funding, and investment resources.
What is a 770 investment?
A 770 investment is investing in whole life or permanent insurance.
Is Paul Revere Insurance Group TSA a good investment?
Paul Revere Insurance Group TSA is listed as a stable investment but is not a high return investment. If you are considering long-term stability, then this might be a good investment for you.
please define guaranteed acceptance life insurance?
This term means that you are guaranteed accepted for this insurance as long as you are able to keep the payments. There are no health questions are tests that needed to be done as with other standard life insurance.
