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Modified Life Insurance - How To Discuss

Writer Samuel Coleman

Modified Life Insurance,

Modified Life Insurance Definition:

  1. Routine life insurance policy in which the premiums are adjusted so that the premiums are less than the standard policies for the first 3 to 5 years and higher than the standard policies for the subsequent years.

  2. This type of life insurance has a relatively low premium in the first few years, but will increase in the coming years.

Literal Meanings of Modified Life Insurance

Modified:

Meanings of Modified:
  1. Make partial or minor changes to (something)

Sentences of Modified
  1. He is probably ready to change his mind

Synonyms of Modified

alter, make alterations to, change, adjust, make adjustments to, adapt, amend, improve, revise, recast, reform, reshape, refashion, redesign, restyle, revamp, rework, remake, remodel, remould, redo, reconstruct, reorganize, refine, reorient

Life:

Meanings of Life:
  1. A condition that distinguishes animals and plants from non-constituents, including their ability to grow, reproduce, function, and change before they die.

  2. The existence of man or animal.

  3. The time between the birth and death of living human beings, especially human beings.

  4. Significance, power or energy.

  5. (In art) Representation of an article from a real model rather than the artist's imagination.

Sentences of Life
  1. The essence of life

  2. A catastrophe that killed 266 Americans

  3. He spent his entire life in the countryside

  4. She is beautiful and full of life

  5. Your poses and clothes are taken from life

Synonyms of Life

existence, being, living, animation, aliveness, animateness, person, human being, individual, mortal, soul, creature, lifetime, life span, days, duration of life, allotted span, course of life, time on earth, one's time, one's career, threescore years and ten, this mortal coil, vivacity, liveliness, vitality, verve, high spirits

Insurance:

Meanings of Insurance:
  1. An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in return for payment of a premium.

  2. Something to protect against possible emergencies.

Synonyms of Insurance

indemnity, indemnification, protection, financial protection, security, surety, cover, defence, safeguard, safety measure, shelter, precaution, provision, preventive measure, immunity

Modified Life Insurance,

Definition of Modified Life Insurance:

Ordinary life insurance was adjusted with the premium so that the premiums in the first 3-5 years were lower than the standard policies and higher in the subsequent years than the standard policies.

Modified Life Insurance can be defined as, A type of life insurance with relatively low premiums in the early years but growing in later years.

Literal Meanings of Modified Life Insurance

Modified:

Sentences of Modified
  1. Maybe he's ready to change his mind.

Synonyms of Modified

limit, tailor, diminish, permute, transform, dull, convert, moderate, tone down, qualify, reduce, soften, tweak, lower, temper, vary, lessen, customize, reorientate, abate, permutate

Life:

Meanings of Life:
  1. Conditions that distinguish animals and plants from inorganic matter, including growth, reproduction, active activity, and permanent changes before death.

  2. The period between the birth and death of living beings, especially humans.

Sentences of Life
  1. The disaster killed 266 people.

Synonyms of Life

exuberance, zing, sentience, go, fire, panache, energy, creation, life force, colour, business, zip, pep, quintessence, elan, enthusiasm, esse, dynamism, zest, push

Insurance:

Sentences of Insurance
  1. Jacket hanging from the back of the chair, air conditioning protected against ■■■■■.

Synonyms of Insurance

(financial) protection, guarantee, assurance, backstop, warranty

Modified Life Insurance,

Modified Life Insurance means,

  • Meaning of Modified Life Insurance: A general life insurance policy in which the premium is adjusted so that the premium is lower than the standard policy in the first 3-5 years and higher than the standard policy in subsequent years.

  • Modified Life Insurance means, Life insurance with relatively low premiums in the first few years but will increase in later years.

Literal Meanings of Modified Life Insurance

Modified:

Synonyms of Modified

restrict, blunt, mitigate, decrease

Life:

Meanings of Life:
  1. Vitality, strength or energy.

  2. (In art) Representation of the subject according to a real model, not according to the imagination of an artist.

Sentences of Life
  1. Disaster in which 266 people were killed.

  2. He has spent his whole life in this country.

  3. Life-inspired poses and clothes

Synonyms of Life

activity, lifeblood, buoyancy, spiritedness, élan vital, stir, drive, bounce, entity, vigour, animating spirit, sparkle, heart, strength, get-up-and-go, movement, survival, moving spirit, bustle, gusto, hustle and bustle, oomph, vim, vital spirit, substance, brio

Insurance:

Meanings of Insurance:
  1. An agreement in which the company or state guarantees compensation for certain losses, injuries, illnesses or deaths in return for certain premiums.

  2. Something that protects against possible accidents.

Sentences of Insurance
  1. Jacket hanging on the back of the chair, protected from air conditioning