Learn more about common insurance lingo! Insurance should come with a translator, right? The sign-up part is easy, but those weird words in the fine print? Yikes. Don’t worry—we’re here to turn that confusing jargon into plain English. Let’s make insurance make sense while protecting yourself and your loved ones! 🔍✨ Insurance lingo got you scratching your head? 🤔 Don't worry— Vitality EntrepreNurse is here to save the day! 🦸♀️ In this post, I break down common insurance terms in a fun, easy way so you can finally understand what you’re signing up for. No more guessing games—just smart choices for you and your fam, now and in the future! 💡💪 Account Value. The Value of the policy’s investment fund(s) is derived by multiplying the fund outstanding number of units by the NAVPU at the time of valuation. Administrative Charge. The corresponding monthly fee representing expenses for setting up and maintaining the policy that is taken out of the inve...
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