Vanishing Premium Policy

Vanishing Premium Policy
A vanishing premium policy is a form of participating whole life insurance where the policyholder can use the dividends from the policy to pay the premium. Over time, the dividends will increase to the point that they cover the entire cost of the premiums.

When properly constructed, vanishing premium policies can be very attractive to consumers who are worried about longer term fluctuations in income, such as the self-employed, people who wish to start a business or people who wish to retire early.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Vanishing Premium — A type of periodic fee, paid in exchange for an insurance policy, that eventually disappears because the investment return earned by the cash value of the policy is sufficient to pay the fee. Vanishing premiums are a feature of some permanent… …   Investment dictionary

  • cañada — /keuhn yah deuh, yad euh/, n. Chiefly Western U.S. 1. a dry riverbed. 2. a small, deep canyon. [1840 50; < Sp, equiv. to cañ(a) CANE + ada n. suffix] * * * Canada Introduction Canada Background: A land of vast distances and rich natural resources …   Universalium

  • Canada — /kan euh deuh/, n. a nation in N North America: a member of the Commonwealth of Nations. 29,123,194; 3,690,410 sq. mi. (9,558,160 sq. km). Cap.: Ottawa. * * * Canada Introduction Canada Background: A land of vast distances and rich natural… …   Universalium

  • colonialism, Western — ▪ politics Introduction       a political economic phenomenon whereby various European nations explored, conquered, settled, and exploited large areas of the world.       The age of modern colonialism began about 1500, following the European… …   Universalium

  • Arbitrage — For the upcoming film, see Arbitrage (film). Not to be confused with Arbitration. In economics and finance, arbitrage (IPA: /ˈɑrbɨtrɑːʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a… …   Wikipedia

  • Tremolo arm — A tremolo arm or tremolo bar (also called a whammy bar or wang bar ) is a lever attached to the bridge and/or the tailpiece of an electric guitar or archtop guitar to enable the player to quickly vary the tension and sometimes the length of the… …   Wikipedia

  • Whammy bar — A whammy bar, tremolo arm/bar, or vibrato arm/bar is a component of a guitar, used to add vibrato to the sound by changing the tension of the strings, typically at the bridge or tailpiece. The whammy bar enables the player to quickly vary the… …   Wikipedia

  • MacBook — Infobox computer Name = Apple MacBook Developer = Apple Inc. Type = Laptop Photo = Caption = A white MacBook, first released in 2006 Released = May 16, 2006 (last updated February 26 , 2008) Processor = (Early 2008) 2.1 / 2.4 GHz 64 bit Intel… …   Wikipedia

  • Life Sciences — ▪ 2009 Introduction Zoology       In 2008 several zoological studies provided new insights into how species life history traits (such as the timing of reproduction or the length of life of adult individuals) are derived in part as responses to… …   Universalium

  • History of banking — The first banks were the merchants of the ancient world that made loans to farmers and traders that carried goods between cities. The first records of such activity dates back to around 2000 BC in Assyria and Babylonia. Later, in ancient Greece… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”