 |
|
 |
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
| WORD | DESCRIPTION |
| Face Amount | The amount of insurance provided by the terms of an insurance contract, usually found on the first page of the policy. in a life insurance policy, the death benefit. |
| Final Expenses | Expenses incurred at the time of a person's death. These include, funeral costs, court expenses associated with probating his or her will, current bills or debt, and taxes. Depending on their circumstances, the survivors may also want to pay the outstanding balances of mortgage and loans. |
| First to die Insurance | Insurance policy whose death benefit is paid to the surviving insured upon the death of one of the insured's. There is no longer a benefit once the benefit is paid, however, the surviving insured usually has the option of purchasing a policy of the same amount without providing evidence of insurability. |
| Fixed Benefit | A death benefit, the dollar amount of which does not vary. |
|
|
|
|
|
-2147467259
