modified life policy
Definition
A life insurance policy wherein the premiums are lower than normal to start and stay that way for a period of three to five years. After this time, premiums become higher than normal.
Related Articles
- Borrowing Against a Life Insurance Policy *
- Real Estate as an Investment *
- Basics of The Value Investing Stock Strategy *
- Sector ETF Rotation Strategies *
- Explanation of the Major Factors Affecting Your Tax Returns *
- Finding and Executing the Best Real Estate Deals *
- Retiring Baby-Boomers and the Threat to the Economy *
- Investment Clubs *
Related Videos
http://www.businessdictionary.com/definition/modified-life-policy.html
