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Q: Periodic payments of accumulated funds best describes what insurance policy?
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Periodic payments for an insurance policy?

annuity


What are periodic payments of accumulated funds?

It's just what it sounds like. This would be a method of cancelling a policy and receiving the accumulated funds for a period of time instead of all at once.


What type of insurance contract requires a lump some or periodic payment in exchange for receiving periodic payments from the insurance company?

That could be an annuity, or a permanent life insurance policy.


What is the periodic payments made to keep an insurance policy in effect called?

premium


Which type of insurance contract requires a lump sum or periodic payment in exchange for receiving periodic payments from the insurance company?

As you have described it, this sounds very similar to an annuity.


Which type of insurance contract requires a lumps or periodic payment in exchange for receiving periodic payments from the insurance payment?

Whole Life, Universal Life, as well as Annuities can be used for this purpose.


Which type of insurance contract requires a lump-sum or periodic payment in exchange for receiving periodic payments from the insurance company?

Whole Life, Universal Life, as well as Annuities can be used for this purpose.


Which type of insurance contract requires a lump-sum or periodic payment in exchange for receiving periodic payments from the insurance payment?

Whole Life, Universal Life, as well as Annuities can be used for this purpose.


What is an allianz variable annuity?

Variable annuity is a life insurance plan where you make series of monthly payments or a lump sum. and in return the insurance company makes periodic payments to you immediately or in the near future.


What exactly is an annuity settlement?

An annuity settlement is a financial or insurance arrangement where the insured party receives periodic payments from the accused. The accused may then transfer their periodic payment responsibilities to an organized settlement organization.


What is the meaning of buyer of structured settlement payment?

A structured settlement is a financial or insurance arrangement whereby payment is made by a series of periodic payments. Structured settlements are now commonplace in product liability or injury insurance claims.


What policies is it a certainlythat the insurance copany will have to make payments?

There is a rider that comes with some life insurance policies called a waiver of premium rider where the insurance company will pay your premiums if you become disabled. Here is a good article that describes how this works: