Approximately equal to a 1:1.61 ratio, the Golden Ratio can be illustrated using a Golden Rectangle: a large rectangle consisting of a square (with sides equal in length to the shortest length of the rectangle) and a smaller rectangle. 1  The side lengths of a Golden Rectangle are in the Golden Ratio.
Loading the player... What is an 'Adjustable Life Insurance'. Adjustable life insurance is a type of life insurance that combines features of term and whole life coverage, giving policyholders the option to change the characteristics of their policies as their needs change over time.
Another common use of reduced paid up insurance is as a non-forfeiture option. With term life insurance, if you stop making premium payments the policy will quickly lapse and leave you without protection. With a permanent insurance policy, you can convert it to a reduced amount of paid up coverage.