The ratio of total deaths to total population during any given period. See also Mortality Rate.
Facebook
Linked In
Instagram
Twitter
Contact Us
News
Calendar
Calculators
Resource Center
Family Income Policy
A policy that pays an income to the beneficiary, up to some future date designated in the policy, after the death of the insured. The period of payment is measured from the date of the inception of the contract, and at the end of the income period the face amount of the policy is paid to the beneficiary. If the insured lives beyond the income period, only the face amount is payable in the event of his death.