Insurance Terms

  1. Reinsurance Sidecar

  2. Renewable Term

  3. Renter's Insurance

  4. Replacement Property

  5. Reproduction Cost

  6. Reversionary Annuities

  7. Revocable Beneficiary

  8. Rider

  9. Risk-Based Deposit Insurance

  10. Safe Deposit Box

  11. Savings Association Insurance Fund - SAIF

  12. Scheduled Personal Property

  13. SEC Form N-6

  14. Second-To-Die Insurance

  15. Secondary Beneficiary

  16. Select Mortality Table

  17. Self-Build Insurance

  18. Self-insure

  19. Settlement Date

  20. Single Interest Insurance

  21. Single-Life Payout

  22. Single-Premium Deferred Annuity - SPDA

  23. Single-Premium Life Insurance

  24. Soft Paper Report

  25. Solvency Capital Requirement

  26. Special Needs Trust

  27. Special Warranty Deed

  28. Sprinkling Provision

  29. State Guaranty Fund

  30. State Medicaid Program

  31. Statutory Liability

  32. Statutory Reserves

  33. Straight Life Annuity

  34. Stranger-Owned Life Insurance - STOLI

  35. Subrogation

  36. Substandard Health Annuity

  37. Substandard Insurance

  38. Surrender Charge

  39. Surrender Fee

  40. Surrender Period

  41. Surrender Rights

  42. Survival Analysis

  43. Takaful

  44. Tandem Plan

  45. Term Certain Annuity

  46. Term Life Insurance

  47. Testamentary Will

  48. Third-Party Claims Administrator

  49. Third-Party Insurance

  50. Timeshare

  51. Title Binder

  52. Title Insurance

  53. Tomijiro Morita

  54. Traditional Whole Life Policy

  55. Transfer of Mortgage

  56. Transfer Of Risk

  57. Transfer-For-Value Rule

  58. Transferable Insurance Policies - TIPS

  59. Travel Insurance

  60. Trust-Owned Life Insurance - TOLI

  61. Tuition Insurance

  62. Uberrimae Fidei Contract

  63. Ultimate Mortality Table

  64. Ultimate Net Loss

  65. Umbrella Insurance Policy

  66. Umbrella Personal Liability Policy

  67. Umpire Clause

  68. Unallocated Benefit

  69. Unauthorized Insurance

  70. Unauthorized Insurer

  71. Unbundled Life Insurance Policy

  72. Underinsurance

  73. Underinsured Motorist Coverage

  74. Underinsured Motorist Endorsement

  75. Underlying Mortality Assumption

  76. Underlying Retention

  77. Underwriting

  78. Underwriting Cycle

  79. Underwriting Fees

  80. Underwriting Income

  81. Underwriting Risk

  82. Unearned Premium

  83. Unemployment Claim

  84. Unemployment Compensation

  85. Unemployment Insurance

  86. Unfair Claims Practice

  87. Uniform Individual Accident And Sickness Policy Provisions Act

  88. Uniform Policy Provisions, Health Insurance

  89. Uninsurable Peril

  90. Uninsurable Property

  91. Uninsurable Risk

  92. Uninsured Certificate Of Deposit

  93. Uninsured Motorist Coverage - UM

  94. Unintentional Tort

  95. Unisex Legislation

  96. Unit Linked Insurance Plan - ULIP

  97. United States Aircraft Insurance Group - USAIG

  98. United States Government Life Insurance - USGLI

  99. Universal Health Care Coverage

  100. Universal Life Insurance

Hot Definitions
  1. Benchmark Bond

    A bond that provides a standard against which the performance of other bonds can be measured. Government bonds are almost always used as benchmark bonds. Also referred to as "benchmark issue" or "bellwether issue".
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
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