Definitions for "Guaranteed Rate"
In a rate policy, the minimum allocated bandwidth made available to each connection in a traffic class. Unused bandwidth is loaned to other traffic classes.
Minimum interest rate that American Family Life will guarantee for your policy.
One of the rates that is generally quoted in an annual renewable term (ART) policy. The insurance company will have the right, after a stated time period, to charge this higher rate if they have had adverse mortality experience or if their investment yield worsens. p 152