Insurance Terms

  1. Equalization Reserve

  2. Equity-Indexed Universal Life Insurance

  3. Errors And Omissions Insurance - E&O

  4. Essential Health Benefits

  5. Estate

  6. European Life Settlement Association - ELSA

  7. Fake Claims

  8. Family Income Rider

  9. FDIC Problem Bank List

  10. Federal Deposit Insurance Corporation - FDIC

  11. Federal Deposit Insurance Corporation Improvement Act - FDICIA

  12. Federal Housing Administration - FHA

  13. Federal Insurance Contributions Act - FICA

  14. Federal Insurance Office - FIO

  15. Federal Tax Lien

  16. Federal Unemployment Tax Act - FUTA

  17. Federal-State Unemployment Compensation Program

  18. Fidelity Bond

  19. Financial Guarantee

  20. Financial Institutions Reform, Recovery And Enforcement Act - FIRREA

  21. Financial Responsibility Clause

  22. Financial Services Agency - FSA

  23. Finite Reinsurance

  24. Fire Insurance

  25. First Dollar Coverage

  26. First-Loss Policy

  27. Fixed Annuity

  28. Fixed Charge

  29. Floater Insurance

  30. Flood Insurance

  31. Forced Place Insurance

  32. Foreign Credit Insurance Association - FCIA

  33. Form 4684: Casualties And Thefts

  34. Free Asset Ratio - FAR

  35. Free Look Period

  36. Fringe Benefits

  37. Front-End Debt-to-Income Ratio - DTI

  38. Gap Amount

  39. Gap Insurance

  40. Garage Liability Insurance

  41. Grace Period

  42. Grandfathered Health Plan

  43. Group Carve-Out Plan

  44. Group Health Insurance Plan

  45. Group Life Insurance

  46. Group Term Life Insurance

  47. Group Universal Life Policy - GULP

  48. Guaranteed Investment Contract - GIC

  49. Guaranteed Investment Fund - GIF

  50. Guaranteed Issue Life Insurance

  51. Guaranteed Loan

  52. Guaranteed Renewable Policy

  53. Hardship Exemption

  54. Hazard Insurance

  55. Health Insurance

  56. Health Insurance Marketplace

  57. Health Insurance Portability And Accountability Act - HIPAA

  58. Health Maintenance Organization - HMO

  59. Health Plan Categories

  60. Hidden Load

  61. High Ratio Loan

  62. High-Deductible Health Plan - HDHP

  63. HIPAA Waiver of Authorization

  64. Homeowners Insurance

  65. Homeowners Protection Act

  66. Homestead Exemption

  67. Hospital Insurance Trust Fund

  68. Human-Life Approach

  69. Hybrid Annuity

  70. Implied Authority

  71. Impound

  72. Income Exclusion Rule

  73. Incontestability Clause

  74. Incurred But Not Reported

  75. Indemnity

  76. Indemnity Insurance

  77. Insurance

  78. Insurance Bond

  79. Insurance Claim

  80. Insurance Company Credit Rating

  81. Insurance Coverage

  82. Insurance Derivative

  83. Insurance Fraud

  84. Insurance Industry ETF

  85. Insurance Proceeds

  86. Insurance Score

  87. Insurance Trust

  88. Insurance Underwriter

  89. Insured Financial Institution

  90. Interbank Network for Electronic Transfer - INET

  91. Investment In The Contract

  92. Invisible Hard Market

  93. Irrevocable Beneficiary

  94. Issue Age Policy

  95. Jobless Claims

  96. Joint And Survivor Annuity

  97. Joint Life With Last Survivor Annuity

  98. Joint-Life Payout

  99. Key Person Insurance

  100. Kidnap Insurance

Hot Definitions
  1. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
  2. Oil Reserves

    An estimate of the amount of crude oil located in a particular economic region. Oil reserves must have the potential of being extracted under current technological constraints. For example, if oil pools are located at unattainable depths, they would not be considered part of the nation's reserves.
  3. Joint Venture - JV

    A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it.
  4. Aggregate Risk

    The exposure of a bank, financial institution, or any type of major investor to foreign exchange contracts - both spot and forward - from a single counterparty or client. Aggregate risk in forex may also be defined as the total exposure of an entity to changes or fluctuations in currency rates.
  5. Organic Growth

    The growth rate that a company can achieve by increasing output and enhancing sales. This excludes any profits or growth acquired from takeovers, acquisitions or mergers. Takeovers, acquisitions and mergers do not bring about profits generated within the company, and are therefore not considered organic.
  6. Family Limited Partnership - FLP

    A type of partnership designed to centralize family business or investment accounts. FLPs pool together a family's assets into one single family-owned business partnership that family members own shares of. FLPs are frequently used as an estate tax minimization strategy, as shares in the FLP can be transferred between generations, at lower taxation rates than would be applied to the partnership's holdings.
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