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Interest sensitive insurance policy

The financial definition for Interest sensitive insurance policy:

A cash value life insurance policy whose insurance dividend rates vary with respect to inflation, enabling the policyholder to avoid the loss of purchasing power associated with inflation.




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Annual renewable term insurance

Annual renewable term insurance
See: Term insurance.


Bank Insurance Fund (BIF)

Bank Insurance Fund (BIF)
A unit of the Federal Deposit Insurance Corporation (FDIC) that provides Federal Deposit Insurance Corporation (FDIC) for banks excluding Federal Deposit Insurance Corporation (FDIC).


Casualty insurance

Casualty insurance
Insurance protecting a firm or homeowner against loss of property, damage, and other liabilities.


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Credit insurance
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Interest sensitive insurance policy
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