Future Purchase Option,
Future Purchase Option Definition:
Future Purchase Option definition is: Life and health insurance clauses that guarantee the insurer the right to get additional insurance coverage without providing proof of coverage. This is also known as a guaranteed insurance option.
Literal Meanings of Future Purchase Option
Future:
Meanings of Future:
After that moment or the moment of speaking or writing of the period of time which is considered the future
Future Summary
Continuity or possibility will occur or exist at a later date
Sentences of Future
We are thinking of getting married in the near future
This includes buying and selling futures or options in stocks, bonds or currencies.
The needs of future generations
Synonyms of Future
time to come, time ahead, later, following, ensuing, succeeding, subsequent, upcoming, to come, coming
Purchase:
Meanings of Purchase:
Get (something) by paying to buy it.
Using elevation (rope or rope) or height (anchor) bridges, levers, etc.
Buying something.
A position or position in something to use positional power for profit, or the benefits that will be gained from that use.
Sentences of Purchase
Mr Gill saw the manuscript at a local auction and bought it for 500 1,500
There are currently a large number of videos available for purchase
The hooves of the horses struggled to stay on the slippery floor
Synonyms of Purchase
buy, acquire, obtain, pick up, snap up, take, secure, procure, come by, pay for, shop for, invest in, put money into, grip, firm contact, attachment, hold, foothold, footing, toehold, fingerhold, anchorage, support, grasp
Option:
Meanings of Option:
Something to choose from.
Aggressive game in which the ball carrier has the option to run, pass, pass or play late.
Buy or sell options on (some)
Sentences of Option
Choose the cheapest power supply option
When you read this, your second script will be activated
Synonyms of Option
choice, alternative, recourse, possibility, course of action