IBAN is an acronym, which stands for International Bank Account Number. It is a standard way of uniquely identifying an account for the purpose of improving the efficiency and speed of cross border payments.
YES NO 6 people found this helpful. â Since they were broke they decided to look at cashing in on anythinh they could. The cash surrender value on their life insurance policy would be enough to get them through.
Extended Term Insurance - The nonforfeiture option which provides that the cash surrender value of a policy may be used as a net single premium at the attained age of the insured to purchase term insurance for the face amount of the policy, less indebtedness, for as long a period as possible, but not longer than the term of the original policy.