A form of insurance available as a non-forfeiture option, providing for continuation of the original insurance plan at a reduced amount.
Related information about reduced paid-up insurance:
- What Is Reduced Paid-Up Insurance? | eHow.com
What Is Reduced Paid-Up Insurance?. Reduced paid-up insurance is a feature of a permanent life insurance policy that can be obtained after premiums reach a ...
- What is reduced paid-up insurance? - InvestorWords.com
Definition of reduced paid-up insurance: A form of insurance available as a non- forfeiture option, providing for continuation of the original insurance plan at a ...
- What is reduced paid-up insurance? - BusinessDictionary.com
Definition of reduced paid-up insurance: A policy whose cash value can be used to buy paid-up insurance in the highest amount it can afford.
- reduced paid-up insurance - Insurance Glossary
reduced paid-up insurance - A life insurance nonforfeiture benefit that provides paid-up insurance for a lesser amount than the cash value of a policy that has ...
- Life Insurance Nonforfeiture Values
Reduced Paid Up Insurance. You buy your ... Many life insurance companies automatically choose the reduced paid up insurance option if you miss a payment.
- Reduced paid-up insurance - Dictionary.com - Reference.com
life insurance in which a nonforfeiture value is used to purchase a reduced amount of fully paid-up insurance of the same kind as the surrendered policy.
- Life Insurance - Non-Forfeiture Provisions
Reduced paid-up insurance - the policy would continue but at a face amount less than the stated amount on the policy. The cash value would be used to ...
- What Is Reduced Paid Up Insurance? - Budgeting Money
Buying life insurance can be intimidating, and even reading about it can be unpleasant. The way some websites and bloggers tell it, you're in a titanic struggle ...