Across
- 6. The cash value of a whole life policy has reached the contractual face amount
- 7. The premium that does not change throughout the life of a policy
- 8. The amount of benefit stated in the life insurance policy
- 9. A policy's savings element or living benefit
- 10. The insured's age at the time the policy is issued or renewed
Down
- 1. Converting a person's net worth into a cash flow
- 2. Benefits in a life insurance policy that the policyowner cannot lose even if the policy is surrendered or lapses
- 3. Withheld or postponed until a specified time or event in the future
- 4. In life policies, the time when the face value is paid out
- 5. Financial instruments that may trade for value (for example, stocks, bonds, options)