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Personal Finance Glossary

Immediate Annuity Incentive Stock Option Incontestable Clause Increasing Term Insurance Index Funds Individual Retirement Account (IRA) Inflation Risk Inflation-Indexed Bonds Initial Public Offering Insiders Inspection Report Installment Debt Insurability Insurable Interest Insurance Application Insured Insurer Interest Rate Interest Rate Future Interest Rate Risk International Funds Intestate Introductory Annual Percentage Rate (APR) Investment Risk Irrevocable Beneficiary Irrevocable Trust

Incontestable Clause Provides that, for certain reasons such as misstatements on the application, the insurance company may void a life policy after it has been in force during the insured's lifetime, usually within one or two years after issue.

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