Life – Flexible Premium Adjustable Life

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Updated date: Tuesday, July 8, 2025 - 19:43
Insurance Glossary
Life – Flexible Premium Adjustable Life a group life insurance that provides a face amount that is adjustable to the certificate holder and allows the certificate holder to vary the modal premium that is paid or to skip a payment so long as the certificate value is sufficient to keep the certificate in force, and under which separately identified interest credits (other than in connection with dividend accumulation, premium deposit funds or other supplementary accounts) and mortality and expense charges are made to individual certificates while providing minimum guaranteed values. What is Life – Flexible Premium Adjustable Life , What does mean Life – Flexible Premium Adjustable Life , Insurance Guide, Insurance Glossary
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