Covered insured Someone else in addition to the primary insured, who is also covered by the policy. The amount the policy will pay to the person you choose when the primary insured dies. An investment alternative offering a guaranteed interest rate, one that does not fluctuate with the stock market. A tax-deferred accumulation product that offers only fixed options managed by insurance companies. In the context of investing, global and international have two different meanings.
Global portfolios focus on investing in foreign companies in addition to the United States.
International portfolios do not include investments made in the United States. GICs are fixed rate investment contracts issued by insurance companies to pension plans and other large investors. They are not available to individuals. Many other indices measure other financial markets and statistics. Insurance Company Separate Account Assets set aside by an insurance company that are kept separate from the rest of the company's assets and assets in other separate accounts.