Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Group Creditor Life Insurance

Life insurance issued to the creditor on the lives of debtors to pay the amount of the indebtedness in the event of death. Used frequently by lending and other financial institutions to eliminate problems of collection from a deceased's estate.
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Group Annuity

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Group Deferred Annuity

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