CORRIDOR FACTOR

a set of numbers that must be multiplied onto certain insurance amounts (eg, death benefits). This process ensures that the underlying insurance policy retains its qualifications as an insurance policy [instead of as a tax-haven].

Corridor Factors are commonly used in universal life insurance.

Congratulations! You're now Froogled Up™ on what "Corridor Factor" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com