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					Word(s) :   Rate - The cost of a given unit of insurance. Rate Review - The point at which an interest rate or premium is reviewed, when it may go up or down, or stay the same. Rated - When insurance cover is given, but at a higher cost than normal, usually due to a medical problem which might mean you could die earlier than most other people. Rebuild Value - What it would cost to rebuild your home from scratch. Redemption amount - The amount that would be redeemed if you held the assets for their full term - to their redemption date. Redemption penalty - The amount of money you will be charged if you wish to switch lender or pay off part of your mortgage during, and sometimes after, an initial cheap-rate period. Redemption Yield - An estimate of the total long term returns, including income and capital, on fixed income investments like corporate bonds and gilts. Redundancy protection Insurance - Insurance that continues to meet mortgage payments, usually for a limited period, if you are made redundant. Refinancing - The process of repaying some or all of the loan capital of a firm by obtaining fresh loans, usually at a lower rate of interest. Reinsurance - The practice whereby one insurance company transfers part or all of the risk it has accepted to another insurance company (the reinsurer). Remortgage (more) - a new mortgage taken out without the mortgagor moving home. Repayment mortgage (more) - when monthly payments repay both the outstanding capital on the mortgage and any interest accumulated. Replacement value - the amount it costs to replace an item in the event of an insurance claim. Repossession - This is when a borrower fails to pay back their loan in accordance with the terms and conditions of their loan and the lender takes legal ownership of the property, usually ejecting the people who live there. Retention - The amount of risk retained by an insurance company and not reinsured. Rider - An amendment to an insurance policy that modifies the policy by expanding or restricting its benefits or excluding certain conditions from coverage. Rights Issue - A means whereby a company may raise extra money from its own shareholders. Risk - The likelihood, in the insurer's opinion, of your making a claim.