0
A unit in unit linked insurance policy (ULIP) means a factor by which your financial interest in the policy can be quantified. Each unit has its specified price which flutuaates or fownturns as per market behavior.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What are the types of life insurance policies in India?
Some types of policies are: # Pure term life insurance # Endownment # Whole life # Money back # Unit Linked Insurance Policies # etc...
What is a 'unit link' in life insurance?
A unit link is a term used in life insurance to describe a type of fund where each contribution is linked to an individual unit within the fund. This could be stocks or other assets and is most commonly used in the UK.
What is a unit of life insurance for pricing?
What is a unit?A unit of coverage corresponds to the life insurance benefit amount you can purchase, and it depends on age, gender and state. Please visit the Guaranteed Acceptance Life quote page to see benefit amounts and premiums available to you for up to 8 units of coverage.
Is there a Life of Virginia Insurance Company?
There was a Life of Virginia insurance company, however, it was purchased by first colonly life insurance, which was then bought by GE. GE spun off it's insurance unit to an independent company in 2006 called the Genworth Life Insurance Company. So, in a nutshell, Life of Virginia is now Genworth Life
What does the statement, "insurance life no physical term" mean?
It would mean you could get term life insurance with no medical exam. Term life insurance only protects you till a certain age.
What does the line life has loveliness have to sell mean?
life insurance
Is life insurance preminums more than cash value insurance?
Google the types of life insurance first. You need to learn a little about life insurance. The terms you are using and spelling are weird. Most people use cash value insurance to describe a type of life insurance.I do not really understand what you mean but, from my experience, I can only guess that by life insurance you mean term life insurance. If that is the case, then, in most situations, term life insurance has lower premiums than cash value life insurance (whole life, universal life...). Be well! mcdlife.com
Can you have more than 1 life insurance policy?
There is no bar in having more than one life insurance policy. The policies may varie from endowment, whole life or unit linked insurance policy as per your choice and requirement.
What does gtl mean on a paycheck?
Group Term Life (life insurance)
How much is a unit of life insurance?
That would depend on the company, your age, your gender, and whether or not you are a smoker.
What is the cheapest but best life insurance company get life insurance from?
There are so many professing to be the cheapest. Cheap does not necessarily mean best
What does life insurance mean?
Life Insurance means protection in the event of loss of life of the main bread winners of the family, so that the family is not washed away by the eventuality .
