Insurance Terms

  1. Liability Insurance

  2. Life Annuity

  3. Life Estate

  4. Life Insurance

  5. Life Option

  6. Life Settlement

  7. Lifetime Payout Annuity

  8. Long-Term Care (LTC) Insurance

  9. Longevity Risk

  10. Loss Payee

  11. Loss Ratio

  12. Loss Settlement Amount

  13. Macro Risk

  14. Maintenance Bond

  15. Malpractice Insurance

  16. Maritime Law

  17. Maturity Guarantee

  18. Medicaid

  19. Medical Cost Ratio

  20. Medical Expenses

  21. Medical Savings Account - MSA

  22. Medicare

  23. Medicare And Medicaid Fraud

  24. Medicare Catastrophic Coverage Act Of 1988 - MCCA

  25. Medicare Doughnut Hole

  26. Medicare Hold Harmless Provision

  27. Medicare Part B Premiums

  28. Medicare Part D

  29. Medicare Supplementary Medical Insurance - SMI

  30. Microinsurance

  31. Minimum Essential Coverage

  32. Mirror Fund

  33. Modified Endowment Contract - MEC

  34. Modified Payoff

  35. Monoline Insurance Company

  36. Monopolistic State Fund

  37. Morbidity Rate

  38. Mortality And Expense Risk Charge

  39. Mortality Table

  40. Mortgage Insurance

  41. Mortgage Life Insurance

  42. Multiline Insurance

  43. Mutual Mortgage Insurance Fund

  44. Named Beneficiary

  45. Named Perils Insurance Policy

  46. National Association Of Insurance And Financial Advisors - NAIFA

  47. National Association of Insurance Commissioners - NAIC

  48. National Insurance Contributions - NIC

  49. National Organization Of Life And Health Insurance Guaranty Associations - NOLHGA

  50. Needs Approach

  51. No-Load Annuity

  52. No-Load Life Insurance

  53. Non-Contestability Clause

  54. Non-Scheduled Personal Property

  55. Non-Security

  56. Nonforfeiture Clause

  57. Nonledger Asset

  58. Occupancy Fraud

  59. Office Of The Comptroller Of The Currency - OCC

  60. Office Of The Superintendent Of Financial Institutions - OSFI

  61. Opinion Of Title

  62. Overcapitalization

  63. Own-Occupation Policy

  64. Participating Policy

  65. Past Service

  66. Payable Through Draft

  67. Peak Debt

  68. Pension Maximization

  69. Period Of Indemnity

  70. Permanent Life Insurance

  71. Pet Insurance

  72. Pink Slip Party

  73. PLUS Loan

  74. Policy Loan

  75. Portability

  76. Portable Benefits

  77. Portfolio Insurance

  78. Pre-Existing Condition

  79. Preferred Provider Organization – PPO

  80. Premium Income

  81. Prepaid Insurance

  82. Preventive Services

  83. Primary Beneficiary

  84. Primary Insurance Amount - PIA

  85. Private Mortgage Insurance - PMI

  86. Product Recall Insurance

  87. Professional Liability Insurance

  88. Property Insurance

  89. Provincial Parental Insurance Plan - PPIP

  90. Pujo Committee

  91. Pure Risk

  92. Qualified Mortgage Insurance Premium

  93. Ramani Ayer

  94. Reinstatement

  95. Reinsurance Sidecar

  96. Renewable Term

  97. Renter's Insurance

  98. Replacement Property

  99. Reproduction Cost

  100. Reversionary Annuities

Hot Definitions
  1. Legal Monopoly

    A company that is operating as a monopoly under a government mandate. A legal monopoly offers a specific product or service at a regulated price and can either be independently run and government regulated, or government run and regulated.
  2. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  3. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  4. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  5. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  6. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
Trading Center