WHOLE LIFE 2MS

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Across
  1. 2. Whole life policy that pays out the death benefit to surviving insured and policy ends.
  2. 4. Account that holds cash value and guarantees a specific rate of return on the contract.
  3. 6. Feature/Option that allows cash value to pay premiums in default to stop a policy from lapsing.
  4. 8. The screen flex rider appears on this tab
  5. 9. Work type created to change billing or remove EFT/Pac
  6. 11. Length of time covered by a Whole Life policy.
  7. 12. What a mutual insurance company disburses a portion of its net earnings back to the policyholders
Down
  1. 1. When the policy's cash value and face amount are equal, also known as, "Paid up".
  2. 3. Who receives the funds when insured dies.
  3. 4. One of Whole life guarantees that is fixed and will not change.
  4. 5. Type of whole life that can earn dividends.
  5. 7. Provision that allows the cash value to be used as payment to keep policy from lapsing.
  6. 8. Savings element not available in Term Insurance.
  7. 10. Rider used with base whole life policy that provides ability to obtain life coverage at a lower cost.