VARIABLE LIFE INSURANCE POLICY
Variable Life Insurance Policy is a type of life insurance that provides permanent protection to the beneficiary upon the policyholder’s death. It is considered to be the most expensive type of cash-value insurance because of its feature that allows the policyholder to allocate a specific portion of premium dollars to a separate account. This separate account is usually comprised of different instruments and investment funds such as stocks, bonds, bond funds, money market funds, and equity funds.
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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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