level rate legal reserve policyglossary / level-rate legal-reserve policy A policy that seeks to build a reserve equal to the policy’s face value by the end of the insured’s life. 词条贡献者 法律翻译Jane,毕业于欧洲顶尖的高级翻译学院,专注翻译各类与私募及对冲基金设立有关的法律文件。