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Whipsaw Glossary

Currently viewing the definition of: Guaranteed Sum Assured
 
 
 The minimum amount payable from an endowment policy on maturity or death if earlier. Bonuses may be added throughout the term but they are not guaranteed until they have been declared. 
 


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    • Flat Yield Curve
      A flat yield curve depicts securities that have the same credit rating, providing the same yield, irrespective of their maturity date.