Convertible term life insurance is simply a term policy that can be converted to a whole policy at any
point during a specified period of time (typically several years) without you having to undergo a new health assessment.
Charitable remainder trusts can allow an income producing asset that has been acquired by the trust to pay
income during the specified period of time with the remainder passing to charity at the end of the term without estate taxes.
Price charts reflect the beliefs and actions of all participants (human or computer) trading a
market during a specified period of time and these beliefs are portrayed on a market's price chart in the form of «price action» (P.A.).
Call Option is a derivative contract between two parties wherein the buyer of the call option has the right to be able to exercise his option and buy a particular
asset during a specified period of time, at a specified price.
A conversion provision allows the owner of the term life policy to convert from the term life insurance policy to a permanent life insurance
policy during a specified period of time without having to show that the insured is in good health.
Convertible term life insurance is simply a term policy that can be converted to a whole policy at any
point during a specified period of time (typically several years) without you having to undergo a new health assessment.
The term is shorter than the amortization period and locks you into the negotiated rates
during that specified period of time.
The right, but not the obligation, to buy (for a call option) or sell (for a put option) a specific amount of a given stock, commodity, currency, index, or debt, at a specified price (the strike price)
during a specified period of time.
That means,
during a specified period of time you can change your term policy into a permanent policy with no additional underwriting.
Convertible term life insurance is simply a term policy that can be converted to a whole policy at any point
during a specified period of time (typically several years) without you having to undergo a new health assessment.
Pure insurance protection that pays a predetermined sum if the insured dies
during a specified period of time.
A policy that pays a benefit only if the insured dies
during a specified period of time.
Note A legal document that obligates a borrower to repay a mortgage loan at a stated interest rate
during a specified period of time.