Advertising

1035 exchange

• Is a transaction that permits the exchange of a life insurance contract for another insurance contract or annuity. It can be with the same or different company. It is important to research the specifics because some of the product exchanges only work one way. For example, an annuity can not be exchanged for a life policy.

 
 

Follow this link for all the terms related to exchange.

 
 Embedded terms in definition
 Annuity
Contract
Exchange
Life insurance
The exchange
 
 Related Terms
 

<< 10 k 1099 b >>

"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

One of the strongest characteristics of genius is the power of lighting its own fire. John W. Foster

Advertising



Copyright 2009-2018 GVC. All rights reserved.