Underwriting:
The process by which a life insurance company determines whether or not it will accept your application for disability insurance and, if so, on what basis. Usually, this involves reviewing medical information and, in some cases, financial information as well.

Universal Life Insurance:
Whole life insurance that often guarantees a minimum interest rate on the money in the policy’s cash value, and in which the mortality, investment, and expense factors used to calculate premium rates and cash values are expressed separately in the policy.

Urn:
A container for the cremated remains of the deceased.