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Definitions tagged as

Insurance Terminology

  1.

    Mutual Mortgage Insurance Fund

  2. Named Beneficiary

  3. Named Perils Insurance Policy

  4. National Association Of Insurance And Financial Advisors - NAIFA

  5. National Association of Insurance Commissioners - NAIC

  6. National Insurance Contributions - NIC

  7. No-Load Life Insurance

  8. Non-Contestability Clause

  9. Nonforfeiture Clause

  10. Nonledger Asset

  11. Office Of The Superintendent Of Financial Institutions - OSFI

  12. Opinion Of Title

  13. Overcapitalization

  14. Own-Occupation Policy

  15. Participating Policy

  16. Payable Through Draft

  17. Period Of Indemnity

  18. Permanent Life Insurance

  19. Policy Loan

  20. Portfolio Insurance

  21. Pre-Existing Condition

  22. Preferred Provider Organization – PPO

  23. Premium Income

  24. Prepaid Insurance

  25. Primary Insurance Amount - PIA

  26. Private Mortgage Insurance - PMI

  27. Product Recall Insurance

  28. Provincial Parental Insurance Plan - PPIP

  29. Qualified Mortgage Insurance Premium

  30. Reinstatement

  31. Reinsurance Sidecar

  32. Renewable Term

  33. Reproduction Cost

  34. Reversionary Annuities

  35. Rider

  36. Risk-Based Deposit Insurance

  37. Savings Association Insurance Fund - SAIF

  38. Scheduled Personal Property

  39. SEC Form N-6

  40. Second-To-Die Insurance

  41. Select Mortality Table

  42. Self-Build Insurance

  43. Self-insure

  44. Settlement Date

  45. Single Interest Insurance

  46. Single-Premium Life Insurance

  47. Sprinkling Provision

  48. State Guaranty Fund

  49. Statutory Reserves

  50. Straight Life Annuity

  51. Stranger-Owned Life Insurance - STOLI

  52. Subrogation

  53. Substandard Health Annuity

  54. Substandard Insurance

  55. Surrender Charge

  56. Surrender Fee

  57. Surrender Rights

  58. Takaful

  59. Term Certain Annuity

  60. Term Life Insurance

  61. Third-Party Claims Administrator

  62. Third-Party Insurance

  63. Title Binder

  64. Title Insurance

  65. Traditional Whole Life Policy

  66. Transfer Of Risk

  67. Transfer-For-Value Rule

  68. Transferable Insurance Policies - TIPS

  69. Uberrimae Fidei Contract

  70. Ultimate Mortality Table

  71. Ultimate Net Loss

  72. Umbrella Insurance Policy

  73. Umbrella Personal Liability Policy

  74. Umpire Clause

  75. Unallocated Benefit

  76. Unauthorized Insurance

  77. Unauthorized Insurer

  78. Unbundled Life Insurance Policy

  79. Underinsurance

  80. Underinsured Motorist Coverage

  81. Underinsured Motorist Endorsement

  82. Underlying Mortality Assumption

  83. Underlying Retention

  84. Underwriting

  85. Underwriting Cycle

  86. Underwriting Fees

  87. Underwriting Income

  88. Underwriting Risk

  89. Unearned Premium

  90. Unemployment Claim

  91. Unfair Claims Practice

  92. Uninsurable Peril

  93. Uninsurable Risk

  94. Uninsured Certificate Of Deposit

  95. Uninsured Motorist Coverage - UM

  96. Unintentional Tort

  97. Unisex Legislation

  98. Unit Linked Insurance Plan - ULIP

  99. Unscheduled Property Floater

  100. Unsolicited Application

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