The amount specified in your policy up to which the insurance company will protect you. Automatic premium loan. A provision in a life insurance policy that any premium not paid by the end of the grace period (usually 31 days) is automatically paid by a policy loan if there is sufficient cash value.
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Universal life insurance. A flexible premium life insurance policy under which the policyholder may change the death benefit from time to time (with satisfactory evidence of insurability for increases) and vary the amount or timing of premium payments. Premiums (less expense charges) are credited to a policy account from which mortality charges are deducted and to which interest is credited at rates that may change from time to time. Installment Credit
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Stock Exchange: Stock Exchange is a corporation or organization, where stock brokers and traders can carry out trading of stocks and other securities. Know more about Stock Trading and Stock Investing. Reach an agreement with a lender to repay only part of the original debt.
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Accounts in Good Standing: It means that all the necessary dues have been paid and the credit items have (current) positive status. This term reflects positive creditworthiness. Tort
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This is a number which is assigned to your account by a creditor. Each number is unique to a particular consumer. You should take as many steps as possible to protect this number. Experian (a major credit reporting agency), for example, asterisk out part of your account number when communicating with you. The insurance company or insurer.