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GLOSSARY

 GLOSSARY TERMS by Alpha
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Gap coverage
Garage policy
Garagekeepers liability
GIC
Glass insurance
Glass-Steagall Act
Grace period
Graded premium policy
Gross earnings coverage
Group Certificate
Group insurance
Guarantee funds
Guaranteed insurability (Guaranteed Issue)
Guaranteed renewable
Guaranteed term
Guiding principles

Glass-Steagall Act

1933  Congressional law which authorized deposit insurance and prohibited commercial banks from owning brokerages.  The latter rule has softened, and many banks now own discount brokers, sell mutual funds, and participate on underwrittings.

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