Ceres Life

5. The regular payment made to an insurance company to keep the policy active.
8. A permanent insurance policy that provides lifelong coverage
9. An optional add-on to an insurance policy that provides additional benefits, such as coverage for critical illness or disability.
10. - The amount of money paid to the beneficiary when the insured person dies.

1. A type of insurance that provides coverage for a specific period (e.g., 10, 20, or 30 years) and does not build cash value.
2. The savings or investment portion of a permanent life insurance policy that grows over time and can be accessed by the policyholder.
3. A fee charged when a policyholder or annuitant withdraws funds from an insurance policy or annuity before a specified period ends.
4. The process an insurance company uses to assess the risk of insuring an applicant
6. The person or entity designated to receive the death benefit from a life insurance policy or annuity upon the policyholder's death.
7. The person who receives payments from an annuity, often during retirement.