Single Premium Variable Life Insurance Policy

Single Premium Variable Life Insurance Policy,

How To Define Single Premium Variable Life Insurance Policy?

Meaning of Single Premium Variable Life Insurance Policy: Single Premium Life (SPL) policy in which the total premium is paid at the commencement of the policy and the policyholder can choose from the menu with managed stocks, money market securities and sub accounts or fixed accounts for premium investment. ۔

Literal Meanings of Single Premium Variable Life Insurance Policy

Single:

Meanings of Single:
  1. One step, one in many.

  2. Single or not in stable sex.

  3. It consists of one piece.

  4. Free from duplication or smart fraud.

  5. Not a person or thing and not part of a couple or group.

  6. This will allow the dough to reach the bottom safely.

  7. A game or competition for individual players (especially in tennis and badminton), not doubles or teams.

  8. Choose something or other from the group for special treatment.

  9. Just an hour.

Sentences of Single
  1. A red rose

  2. Single mother

  3. There is a large study room

  4. Pure and unique heart

  5. The end result is a picture of mystical proportions, hidden in the painting, which mentions not one and not many.

  6. The next scout made a double strike to pass the second baseman, who was lying down.

  7. As a result, Scotland also competed in the prestigious Leonard Trophy, which awarded the country the most points in singles, doubles, triple and four.

  8. A newspaper was criticized

  9. Aaron chose the medium

Synonyms of Single

one only, sole, one, and single, unmarried, footloose and fancy free, choose, young, decide on, pick out, solitary, isolated, free, unattached, select, fix on, eligible, lone, by itself, available

Premium:

Meanings of Premium:
  1. Amount paid for an insurance policy.

  2. Something that is given as a gift, gift or incentive.

Sentences of Premium
  1. If calculated correctly, the income of a pensionable worker includes the amount of premium in addition to his salary which he has to pay to the insurers to get equal rights.

Synonyms of Premium

additional payment, remuneration, additional fee, extra amount, recompense, insurance payment, instalment, surcharge, reward, extra, perk, extra charge, regular payment, bonus, percentage, insurance charge, prize

Variable:

Meanings of Variable:
  1. It is contradictory or a static pattern that changes.

  2. Can be changed or customized.

  3. An element, function or element that may vary or change.

Sentences of Variable
  1. The quality of hospital food varies widely

  2. The speed of the variable in the drill

  3. There are many variables involved to make a meaningful prediction

Synonyms of Variable

volatile, changeable, unfixed, fluctuating, temperamental, fickle, movable, inconsistent, shifting, unpredictable, inconstant, capricious, floating, protean, mutable, unsteady, uneven, fitful, fluid, vacillating, unstable, kaleidoscopic, irregular, undependable, unreliable, varying, chameleonic, unsettled, wavering, changing

Life:

Meanings of Life:
  1. A condition that distinguishes animals and plants from non-essential substances, including the ability to grow, regenerate, function, and change permanently before dying.

  2. The existence of man or animal.

  3. The time between the birth and death of living human beings, especially human beings.

  4. Significance, power or energy.

  5. (In art) an article is represented by a real model and not by an artist's imagination.

Sentences of Life
  1. The essence of life

  2. A catastrophe that killed 266 Americans

  3. He spent his entire life in the countryside

  4. She is beautiful and full of life

  5. Your poses and clothes are taken from life

Synonyms of Life

spirit, lifetime, exuberance, person, bounce, vivacity, drive, go, animateness, gusto, colour, time on earth, vigour, dash, human being, mortal, course of life, being, aliveness, creature, high spirits, panache, effervescence, buoyancy

Insurance:

Meanings of Insurance:
  1. Procedures or agreements used to provide guaranteed compensation for certain losses, injuries, illnesses or deaths in return for payment of premiums by companies or government agencies.

Synonyms of Insurance

cover, immunity, shelter, provision, indemnification, protection, defence, indemnity, surety, safeguard, safety measure, security, financial protection, precaution, preventive measure

Policy:

Meanings of Policy:
  1. The Code of Conduct has been adopted or proposed by governments, parties, companies or individuals.

Synonyms of Policy

scheme, position, plans, line, theory, intentions, blueprint, strategy, programme, approach, stratagem, attitude, notions, guidelines, stance, system, proposed action, code, schedule