Types of Policies
There are two main categories of with-profits policies:
- Single premium contracts - insurance bonds (with-profit bonds), single premium endowments, single premium pension policies.
- Regular premium contracts in which premium payments are usually made monthly - endowment policies, pension policies.
Read more about this topic: With-profits Policy
Famous quotes containing the words types of, types and/or policies:
“... there are two types of happiness and I have chosen that of the murderers. For I am happy. There was a time when I thought I had reached the limit of distress. Beyond that limit, there is a sterile and magnificent happiness.”
—Albert Camus (1913–1960)
“... there are two types of happiness and I have chosen that of the murderers. For I am happy. There was a time when I thought I had reached the limit of distress. Beyond that limit, there is a sterile and magnificent happiness.”
—Albert Camus (1913–1960)
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—Alice Roosevelt Longworth (1884–1980)