Not exact matches
Guaranteed returns at
predetermined intervals and an assured face value repayment on maturity, unless the issuer defaults.
Term life insurance has a
guaranteed death benefit but no cash value and the premiums increase at
predetermined intervals such as one year, five years, 10 years and 20 years.
Term life has a
guaranteed death benefit, but no cash value, and the premiums will increase at
predetermined intervals, such as after one year, five years, 10 years, or 20 years, depending on the kind of policy you purchase.