Examlex
When an equation contains fractional forms, multiply both sides by the greatest common factor of all of the denominators.
Quarterly Premiums
Payments made every three months for insurance policies or other agreements requiring regular fees.
Annual Premium
The amount of money that must be paid once a year to maintain an insurance policy or similar financial product.
Endowment Policy
An insurance policy that pays a specified sum to the policyholder upon a certain date, or to the beneficiaries upon the policyholder's death.
Straight-life Policy
A type of life insurance policy that provides coverage for the policyholder's entire lifetime, with fixed premiums and no expiration.
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