maturity guarantee
Definition
The guaranteed amount of a life insurance or segregated fund contract that is paid out after a specific amount of time has passed. In this case, the beneficiary specified in the contract will typically be entitled to a minimum amount after ten years have passed.
Related Articles
- Types of Retirement Plans *
- Real Estate as an Investment *
- Tax Issues Related to Your Business *
- What International Exchanges Exist For Futures? *
- Tax Issues Related to Wash Sales, Lottery Winnings etc. *
- Kids and Money: Tackling the Various Issues *
- An Explanation of the Various Facets of a 403(b) Plan *
- How to Set Up a Budget *
Related Videos
http://www.businessdictionary.com/definition/maturity-guarantee.html
