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2. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

3. Does An Adjustable Life Insurance Policy Make Sense For My ...

   www.aol.com/finance/does-adjustable-life...

   Many different types of life insurance exist, most of which call for policyholders to pay unvarying premiums in exchange for set coverage amounts. Adjustable life insurance, also known as ...

4. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

5. Types of life insurance - AOL

   www.aol.com/finance/types-life-insurance...

   Universal life insurance, sometimes called adjustable life insurance, adds flexibility by allowing policyholders to adjust death benefits and premium payments. This policy type might appeal to ...

6. Universal life insurance - AOL

   www.aol.com/finance/universal-life-insurance...

   Adjustable death benefit: ... Whole life insurance offers a fixed premium and a fixed death benefit for the duration of the policy. These policies will build cash value over time, though slowly ...

7. Adjustment clause - Wikipedia

   en.wikipedia.org/wiki/Adjustment_clause

   In life insurance, an age adjustment clause specifies that if the age of the insured has been understated, the amount payable upon his death shall be that amount which the premium charged would have purchased for the insured's correct age. Adjustment of claims is not confined to claims against insurance companies.