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A-Z Loan Glossary

A4 Amount
B4 Bank
C4 Cost
D4 Debt
E4 Equity
F4 Finance
G4 Grant
H4 Home
I4 Insurance
J4 Joint
K4 Key
L4 Loan
M4 Mortgage
N4 Net
O4 Overdraft
P4 Premium
Q4 Quote
R4 Rate
S4 Secured
T4 Tenant
U4 Unsecured
V4 Variable
W4 Waiver
X4 XD
Y4 Yield
Z4 Zero

A-Z of the Loan Industry's Jargon when Targeting Consumers for Loans
Consumer Loan Packages

Critical Illness Policy

Critical Illness Policy: A Critical Illness policy will provide a lump sum payment to the insured should he or she be diagnosed as having one of a number of specified illnesses, conditions or diseases. This policy pays out a capital sum in the event of a qualifying illness being diagnosed eg certain cancers. They can stand alone or be written as an ’add-on’ to a variety of other contracts eg whole of life.

Expanded List of Definitions "C"

· Cancellation Clause · Capacity · Capital · Capital and Interest Mortgage · Capital Campaign · Capital Claims · Capital Gains Tax · Capital Grant · Capitalised Value · Capped Rate · Caps · Carpet-Bagger · Cash Surrender Value · Cashback · Cashflow · CAT Standards · Caveats · Cede · CGT · Challenge Grant · CHAPS Clearing House Automatic Payment System · Charges · CII · Claim · Claims Experience · Claims Reserve · Class 1 Contributions · Class 2 Contributions · Class 3 Contributions · Clawback · Closing · Closing Costs · Co-Insurance · Collective Investment · Commercial Lines · Commission · Committed Funds · Community Funds · Commutation · Commutation Factors · Company Representative · Compound Interest · Compulsory Purchase · Compulsory Purchase Annuity · Conditions · Confirmation · Consequential Loss · Continuation Option · Continuing Professional Development · Contract · Contracted In · Contracted Out · Contributions Committee · Convertible Term Insurance · Conveyancing · Cooling Off Period · Corporate Bond · Corporate Contributions · Corporate Foundation · Corporate Giving Programme · Corporation Tax · Cost Adjusting Factor · Cover Note · CPD · Credit Card · Credit Rating · Credit Report · Critical Illness Policy · Custom Excise ·