Investigative consumer report by a consumer reporting agency that interviews individuals who have knowledge about a specific consumer’s character, living style, or reputation.
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A report comprised of findings about the character of an insured or prospective insured. The information in the report is gathered through interviews with family, friends, colleagues, and other acquaintances.

Accounting system in which an insurance company keeps records of the interest rates it annually earns on funds that relate to accounts in the general account. Also called new money method .

Category of insurance products that have death benefits and cash values that vary depending on the insurer’s investment earnings such as variable annuities, variable life insurance, and variable universal life insurance. Also called interest-sensitive insurance .

Termination of a retirement plan initiated by a government organization rather than by a plan sponsor.