7 More Family Office Resources:

• Permanent Life Insurance Policy Family Office Definition: Permanent Life Insurance Policy Permanent Life Insurance Policy definition:  A permanent life insurance policy provides coverage for the owner's entire life and does not need to be renewed.  Premiums are based ...
• Cash Value Life Insurance Policy Family Office Definition: Cash Value Life Insurance Policy Cash Value Life Insurance Policy definition:  A cash value life insurance policy includes a tax-deferred investment component. See the definitions for whole life insurance, universal life ...
• Joint Whole Life Insurance Policy Family Office Definition: Joint Whole Life Insurance Policy Joint Whole Life Insurance Policy definition:  A joint whole life insurance policy insures a group of individuals. The surviving policy owners are paid when the first ...
• Adjustable Life Insurance Policy Family Office Definition: Adjustable Life Insurance Policy Adjustable Life Insurance Policy definition:  see universal life insurance policy for more information. Download our free Family Office Report to learn more about the family office industry. Read more Family ...
• Revocable Life Insurance Trust Family Office Definition: Revocable Life Insurance Trust Revocable Life Insurance Trust definition:  A revocable life insurance trust (RLIT) is a trust funded with proceeds from a life insurance policy. As the name implies, these ...
• Term Life Insurance Policy Family Office Definition: Term Life Insurance Policy Term Life Insurance Policy definition:  A term life insurance policy pays beneficiaries a guaranteed amount if the owner dies during the term of the insurance contract. The ...
• Whole Life Insurance Family Office Definition: Whole Life Insurance Whole Life Insurance definition:  A whole life insurance policy pays beneficiaries a guaranteed amount when the owner dies. The policy provides coverage for the owner's entire life (also ...