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Facility-Of-Payment Clause A provision of life insurance which allows the insurer to pay part of or all of the proceeds of the policy either to a blood relation or the insured party or to anyone who has a valid claim. This clause permits the insurer to pay benefits on time when it is not possible to pay benefits to the beneficiary who is identified in the insurance agreement. RELATED PRODUCTS
Salary AssessorReports "up to the present day" competitive wage, salary, and incentive survey data. Provides salary ranges and median/means for over 6,100 positions in 370 U.S. and Canadian metro areas.Download Product Demo 
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