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- Valuable Papers and Records
- An all risk insurance coverage form that provides coverage for physical loss or damage to valuable papers and records.
- Variable Annuity
- An annuity contract in which the amount of each periodic income payment may fluctuate.
- Variable Life Insurance
- Life insurance under which the benefits relate to the value of assets behind the contract at the time payment is due.
- Vesting
- A provision that a pension participant will, after meeting certain requirements, retain a right to all or part of the accrued benefits, even though the employee may leave the job before retirement.
- Voluntary Market
- The market where one obtains insurance in the open market with no help from the state, through an insurer of their own selection.