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Guarantee period
The period during which the insurance company guarantees that the policy will remain in force regardless of investment experience. Taking policy loans may reduce the guarantee period.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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