Variable Dollar Investments
Definition of "Variable dollar investments"
Financial instruments whose principal and income are not established in advance according to contractual terms set forth in the financial instruments document. Both the principal and income can fluctuate according to the up and down swings in the value of an underlying portfolio. Examples of such investments include stocks, mutual funds, real estate, variable annuities, variable life insurance, and universal variable life insurance.
Popular Insurance Terms
Single payment or periodic payments that are made to purchase an annuity. ...
Expenses taken out when benefits are paid. For example, a specific dollar amount is subtracted from a monthly income payment for company expenses. ...
Basic contract language in individual health and accident insurance policies. These provisions are required under a model state law known as the uniform individual accident and sickness ...
Payment made by a party causing harm to the party incurring that harm. ...
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Modifications of the traditional defined benefit plan in which employees are credited with a specified percentage for each year of recognized service with the employer. Upon termination of ...
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In insurance, company revenues from underwriting and investment. Insurance companies make money first, by underwriting good risks so that their premium dollars cover claims losses and ...
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