Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• GUARANTEED RENEWABLE POLICY
  
  Your insurance company cant cancel a guaranteed renewable life insurance policy as long as you pay the premium on time. With this type of policy, your payments can be increased only if theyre raised for everyone with the same policy. Today, all newly issued policies are guaranteed renewable.
  
  Back