Today, companies offer a broad range of guaranteed and non-guaranteed life insurance policies. A guaranteed policy is one in which the insurer assumes all the risk and contractually guarantees the death benefit in exchange for a set premium payment.
If investments underperform or expenses go up, the insurer has to absorb the loss. With a non-guaranteed policy the owner, in exchange for a lower premium and possibly better return, is assuming much of the investment risk as well as giving the insurer the right to increase policy fees.
|
|
Write Comment Below:
Disclaimer: Please note, this is an online news portal, All of these images/videos found here from 3rd party video/image hosting sites such as YouTube.Com, Vimeo.Com, DailyMotion.Com, Blip.Tv, We do not host any videos and some photos. Please contact to appropriate video/image hosting site for any content removal.
No comments:
Post a Comment