Getting MarriedLife Insurance Terms
These definitions are courtesy of the American Council of Life Insurers
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
M
Mortality and expense charge The fee for a guarantee that annuity payments will continue for life.
Mortality table A statistical table showing the death rate at each age, usually expressed per thousand.
Mutual life insurance company A life insurance company without stockholders whose management is directed by a board elected by the policyholders. Mutual companies generally issue participating insurance.