(1) A policy guaranteed renewable or non-cancellable to age 65 or some later date. (2) A policy paying disability benefits for life.
(1) A policy guaranteed renewable or non-cancellable to age 65 or some later date. (2) A policy paying disability benefits for life.
(1) A policy, the premium on which is collected weekly by an agent calling at the door. It is usually sold in small face amounts. (2) A form of Debit or Industrial Life Insurance. See also Industrial Life Insurance.