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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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โˆ™ 2014-05-08 15:45:56
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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


Which of these 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 are the four major categories of life insurance?

There are four major categories of life insurance: ordinary, group, industrial, and credit


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?


When was Ordinary Life created?

Ordinary Life was created on 1998-11-02.


Do you need a will for life insurance?

You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)


What products does AAA Life Insurance Company offer?

AAA Life Insurance offers three main types of life insurance policy these include Whole Life insurance, Term Life Insurance and Universal Life Insurance.


What kind of cases do life insurance lawyers in Wichita, KS handle?

The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance


Does union fidelity cover both accident insurance and life insurance or life insurance only?

yes it do cover life insurance not health insurance.


What kind of insurance does Banner Life Insurance offer?

Banner Life Insurance offer life insurance services. They offer Term Life Insurance which covers a person for a specific time and Universal Life Insurance which covers one for life.


What is the duration of A Life Less Ordinary?

The duration of A Life Less Ordinary is 1.72 hours.


What is modified life insurance?

Modified Life Insurance is Ordinary Life Insurance under which premiums are calculated so that the first few years of premiums are less than normal, and subsequent premiums in later years are higher than normal. This type of coverage may also be called Graded Premium Whole Life Insurance under which insurance premiums are lower than normal for the first few years, then gradually increase for the next several years until they become level for the remainder of the policy.


What is non-life insurance?

Its all insurance that is not life insurance such as health insurance, auto insurance, home insurance, and so on.


What types of life insurance does Stonebridge Life Insurance have?

Stonebridge Life insurance carries both term life and whole life insurances. In addition, they have accidental death insurance, and accident hospital insurance.


Is there a such life insurance company as federal life insurance company?

There is an insurance company called Federal Life Insurance Company.


Do actors have life insurance?

Anyone can have life insurance. So actors would have life insurance.


What is the difference between term life insurance vs whole life insurance?

A term life insurance is during the insurer's life only. When he or she is gone, then the insurance ends. The whole life insurance on the other hand has what the term life insurance covers plus more.


What type of insurance does Nationwide offer?

The insurance company Nationwide offers life insurance. They offer different types of life insurance, which include things like whole life insurance and term life insurance.


What does Liberty National life insurance offer?

Liberty National life insurance offer not just life insurance, they offer term insurance, whole life insurance. They also offer supplemental health insurance.


What different types of insurance are there?

There are mainly two types of Insurance, Life Insurance and General Insurance. Life insurance deals with the Securing the future of dependants of life assured. General Insurance deals with insurance of all other things life fire insurance, motor insurance, marine insurance etc.