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 >>

Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

When a true genius appears in the world you may know him by this sign: that all the dunces are in confederacy against him. - Johnathan Swift

Advertising



Copyright 2009-2017 GVC. All rights reserved.