What does LP stand for?

Life Policy (insurance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

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Samples in periodicals archive:

When you pay the premium for a Whole Life policy, it already includes the investment part, but in case of Universal Life policies, it is paid apart.

Is It a Good Idea to Invest in a Life Insurance?

Byline: GARETH CHALK Q We are going to buy life assurance but should we buy a joint life policy or two single life policies?

money matters

When you buy a whole life policy, a small percentage of your premium will go towards your policies cash value which is similar to an account you have within you life policy.

Cash Value and Life Insurance Policies

One thing you do need to educate yourself on is the different between a term life policy and a whole life policy.

Life Insurance Basics

has launched Accumulator UL, a universal life policy focusing on cash value, to replace its UL One product.

Jackson enhances UL product line

9 million whole life policy converted it to a universal life policy and reduced the annual premium to $23,000--a savings of $48,000

Life insurance can be purchased safely with pre-tax dollars in ...

The adverts promoted the company's Bonus Cash Builder Plus Plan - an endowment policy - and Guaranteed Over 50, a life policy that provided a fixed guaranteed sum on the death of the policyholder.

LIFE FIRM FINED FOR MISLEADING TV ADS

Commonly used for estate and business planning, a whole life policy is desirable where a guaranteed death benefit and a guaranteed level premium are important.

Don't pass up the tax avantages of life insurance