7 More Family Office Resources:

• Life Insurance Policy Family Office Definition: Life Insurance Policy Life Insurance Policy definition:  Life insurance policies are a contract with an insurance company to pay a benefit upon the death of the policy owner. Beneficiaries receive policy ...
• Life Income Distribution Option Family Office Definition: Life Income Distribution Option Life Income Distribution Option definition:  A life income option allows regular payments to be made to beneficiaries for their lifetime (with the amount calculated based on their ...
• 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 ...
• 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 ...
• Universal Life Insurance Policy Family Office Definition: Universal Life Insurance Policy Universal Life Insurance Policy definition:  A universal life insurance policy pays beneficiaries an adjustable amount when the owner dies. The policy provides coverage for the owner's entire ...
• 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 ...
• 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 ...