A: If you want to become a pharmacist you should have a PharmD or doctorate of Pharmacy degree. Students should earn a passing score in the Pharmacy college admission test and complete two years of their undergraduate program to enroll in a four year pharmacy program.
Application - A statement of information made by a person applying for life insurance. It helps the life insurance company assess the acceptability of risk. Statement made in the application are used to decide on an applicant's underwriting classification and premium rates. Beneficiary - The person named in the policy to receive the insurance proceeds at the death of the insured. Anyone can be named as a beneficiary. Bonus Rate Annuity - An extra percent of interest credited to an annuity during the first year that it is in force.
bank-owned life insurance (BOLI). A life insurance policy issued by a bank as an employee benefits vehicle, whereby the bank is listed as the primary beneficiary. The policy is set up with a fund where premiums are deposited and claims are paid out. This type of policy allows the bank to accumulate funds tax-free.