Sell
Buy
Title Services
Home Estimate

Real Estate Glossary

What does Life Cap mean?

A life cap is a type of financial contract that limits the maximum amount that an insurer will pay out under certain conditions, such as in an annuity contract or insurance policy. For example, a life cap for an insurance policy could mean that the policy will only pay out up to a certain amount, regardless of how much the policy holder has paid in over time.

Hi! We’re here to make real estate simple. How can we help today?
Artur
Real Estate Assistant