Insurance Terms

  1. European Life Settlement Association - ELSA

  2. Fake Claims

  3. Family Income Rider

  4. FDIC Problem Bank List

  5. Federal Deposit Insurance Corporation - FDIC

  6. Federal Deposit Insurance Corporation Improvement Act - FDICIA

  7. Federal Housing Administration - FHA

  8. Federal Insurance Contributions Act - FICA

  9. Federal Insurance Office - FIO

  10. Federal Tax Lien

  11. Federal Unemployment Tax Act - FUTA

  12. Federal-State Unemployment Compensation Program

  13. Fidelity Bond

  14. Financial Guarantee

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

  16. Financial Responsibility Clause

  17. Financial Services Agency - FSA

  18. Finite Reinsurance

  19. Fire Insurance

  20. First Dollar Coverage

  21. First-Loss Policy

  22. Fixed Annuity

  23. Fixed Charge

  24. Floater Insurance

  25. Flood Insurance

  26. Forced Place Insurance

  27. Foreign Credit Insurance Association - FCIA

  28. Form 4684: Casualties And Thefts

  29. Free Asset Ratio - FAR

  30. Free Look Period

  31. Fringe Benefits

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

  33. Gap Amount

  34. Gap Insurance

  35. Garage Liability Insurance

  36. Grace Period

  37. Group Carve-Out Plan

  38. Group Health Insurance Plan

  39. Group Life Insurance

  40. Group Term Life Insurance

  41. Group Universal Life Policy - GULP

  42. Guaranteed Investment Contract - GIC

  43. Guaranteed Investment Fund - GIF

  44. Guaranteed Loan

  45. Guaranteed Renewable Policy

  46. Hazard Insurance

  47. Health Insurance

  48. Health Insurance Portability And Accountability Act - HIPAA

  49. Health Maintenance Organization - HMO

  50. Hidden Load

  51. High Ratio Loan

  52. High-Deductible Health Plan - HDHP

  53. Homeowners Insurance

  54. Homeowners Protection Act

  55. Homestead Exemption

  56. Hospital Insurance Trust Fund

  57. Human-Life Approach

  58. Hybrid Annuity

  59. Implied Authority

  60. Impound

  61. Income Exclusion Rule

  62. Incontestability Clause

  63. Incurred But Not Reported

  64. Indemnity

  65. Indemnity Insurance

  66. Insurance

  67. Insurance Bond

  68. Insurance Claim

  69. Insurance Coverage

  70. Insurance Derivative

  71. Insurance Fraud

  72. Insurance Industry ETF

  73. Insurance Proceeds

  74. Insurance Score

  75. Insurance Trust

  76. Insurance Underwriter

  77. Insured Financial Institution

  78. Interbank Network for Electronic Transfer - INET

  79. Investment In The Contract

  80. Invisible Hard Market

  81. Irrevocable Beneficiary

  82. Issue Age Policy

  83. Jobless Claims

  84. Joint And Survivor Annuity

  85. Joint Life With Last Survivor Annuity

  86. Joint-Life Payout

  87. Key Person Insurance

  88. Kidnap Insurance

  89. Leave-Sharing Plan

  90. Lender-Paid Private Mortgage Insurance

  91. Level-Premium Insurance

  92. Liability Insurance

  93. Life Annuity

  94. Life Estate

  95. Life Insurance

  96. Life Option

  97. Life Settlement

  98. Lifetime Payout Annuity

  99. Long-Term Care (LTC) Insurance

  100. Longevity Risk

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Hot Definitions
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    The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, signifying where the highest interest rates occurred.
  2. Xenocurrency

    A currency that trades in markets outside of its domestic borders.
  3. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.
  4. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.
  5. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.
  6. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.
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