Our Glossary of life insurance terms
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Misc
Accumulation Units
With some unit linked life insurance contracts the life
insurance company can account for their up front charges by way
of accumulation units. If the plan does not reach maturity these
will be no value bearing units but if the plan does reach
maturity then the units will be converted to value bearing ones
called capital units.
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Life-Ins.co.uk is a service provided by Invest &
Protect Ltd registered
office 45 Market Street Hoylake Wirral
registered in England and Wales Registration
number 4566052
Invest & Protect Ltd is authorised and regulated by the Financial Services Authority
under firm reference number 439830. The
financial services authority does not regulate
inheritance tax planning.
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