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Definition of Built-Up Roof
A roofing composed of three to five layers of asphalt felt laminated with coal tar, pitch, or asphalt. The top is finished with crushed slag or gravel. Generally used on flat or low-pitched roofs.
Creditor Proof Protection
The creditor proof status of such things as life insurance, non-registered life insurance investments, life insurance RRSPs and life insurance RRIFs make these attractive products for high net worth individuals, professionals and business owners who may have creditor concerns. Under most circumstances the creditor proof rules of the different provincial insurance acts take priority over the federal bankruptcy rules.
Group Life Insurance
This is a very common form of life insurance which is found in employee benefit plans and bank mortgage insurance. In employee benefit plans the form of this insurance is usually one year renewable term insurance. The cost of this coverage is based on the average age of everyone in the group. Therefore a group of young people would have inexpensive rates and an older group would have more expensive rates.
A type of insurance policy or annuity in which the owner receives dividends, typically increases the death.
A roof that consists of two sloping planes that meet at the ridge or peak. The planes are supported at their ends by triangular, upward extensions of walls known as gables.
GFI -See Ground Fault Current Interrupter
Ground Fault Current Interrupter
An electrical device used to prevent injury from contact with faulty electrical appliances and faulty wiring
A pitched roof with sloping sides.
Metal Insulation Support
16" or 24" wire rod or crisscrossed wire to hold floor insulation in place.
The "V" created where two sloping roofs meet.
A louver or small dome mounted near the ridge of the roof to allow the passage of air through the attic.
A roof that pitches up further on one side than the other. Shed roofs are also used over some porches.
A house built without prefabricated parts. Also called conventional building.
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