What is the Definition of Unbundled Contracts?

What is the Definition of Unbundled Contracts?

A form of annuity contract that gives purchasers the freedom to choose among certain optional features in their contract.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Unbundled Contracts?

You can find random definition and meaning of insurance terms below:


What is the meaning of Investment Income Accrued

investment income earned as of the reporting date but not legally due to be paid to the reporting entity until subsequent to the reporting date.


What is the meaning of Investment Income Due

investment income earned and legally due to be paid to the reporting entity as of the reporting date.


What is the meaning of Investment Income Gross

shall be recorded as earned and shall include investment income collected during the period, the change in investment income due and accrued, the change in unearned investment income plus any amortization (e.g., discounts or premiums on bonds, origination fees on mortgage loans, etc.)


Thank you for visiting our website and read this FAQ article about "What is the Definition of Unbundled Contracts?". We hope you get what you searching for.

definitionly.com is a website that contains information about the definition or meaning of a word. You can search for the terms you are looking for in the search field above.

Related Posts

Subscribe Our Newsletter