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Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.

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Q: What is ordinary life insurance?
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Related questions

What insurance is known as ordinary of straight life insurance?

life insurance.


What types of insurance is also known as ordinary or straight life insurance?

whole life insurance


What type of insurance is also known as ordinary or straight life insurance?

Term life insurance, or otherwise known as pure life insurance protection.


What is the average return of premium life insurance?

Return-of-premium life insurance is like an ordinary life insurance policy, but payments made on premiums are returned to the insured individual if the policy ends and they are still alive. Thus, return-of-premium life insurance policies do not punish one for outliving their life insurance. The average such policy might cost 25% to 50% more in premiums, compared to an ordinary life insurance policy.


Which of these types of insurance is also known as ordinary of straight life insurance?

Straight / Ordinary life insurance usually means that the death benefit and the premium payments are fixed for the lifetime of the insured. Examples of this is what is known as a "whole life policy." It's not the most economical way to buy insurance, but it's certainly predictable.


How may it be said that the market for ordinary life insurance thrived between 1985 and 1995?

More than doubling from 1985 to 1995, there was $7.5 trillion of ordinary life insurance in force in the United States at the end of 1995, with whole life insurance accounting for more than half of that total.


What current Commissioners Standard Ordinary mortality table is in use?

Insurance, life, What current Commissioners Standard Ordinary mortality table is in use?


What are the four major categories of life insurance?

The four major categories of life insurance are term life insurance, whole life insurance, universal life insurance, and variable life insurance. Term life insurance provides coverage for a specific term, whole life insurance offers coverage for the policyholder's lifetime, universal life insurance allows flexibility in premium payments and death benefits, and variable life insurance allows the policyholder to allocate premiums to investment accounts.


When was Ordinary Life created?

Ordinary Life was created on 1998-11-02.


What was Jerry Spinelli child hood like?

his life was an ordinary life. He was a writer and his life was anything but ordinary.


What is the duration of A Life Less Ordinary?

The duration of A Life Less Ordinary is 1.72 hours.


During the Baroque period Dutch artists focused on what kinds of themes?

Ordinary life