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MissouriFamilies.org - Money Matters - Consumer Action

 

Finance Quick Answers

 

 

What does "guaranteed renewable" mean in an insurance policy?

 
A guaranteed renewable rider means that the insured can renew the policy indefinitely without having to provide proof of insurability to the insurance company.

 

 

 

Brenda Procter, M.S., Consumer and Family Economics, College of Human Environmental Sciences, University of Missouri-Columbia

 

 

 

 

 

 

 

 

 

 

 

 

 

If you'd like to learn more about this and other personal finance topics, the University of Missouri offers 'Personal & Family Finance,' a correspondence course, through the Center for Distance and Independent Study (800-609-3727). Information about this course is available at http://cdis.missouri.edu/CourseInfo/DetailCourseInfo.asp?1985.

 

 

 

 

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Last update: Monday, July 21, 2008

 

 

 


 
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