interest-sensitive life insurance

interest-sensitive life insurance definition - business

interest-sensitive life insurance

Whole life insurance with a level premium, guaranteed death benefit, guaranteed minimum cash value, and accumulations in cash value that fluctuate with market rates of interest.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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