Definitions tagged as

Insurance Terminology

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  1. Life Settlement

  2. Lifetime Payout Annuity

  3. Lloyd's Of London

  4. Long-Term Care (LTC) Insurance

  5. Longevity Risk

  6. Loss Adjustment Expense (LAE)

  7. Loss Payee

  8. Loss Ratio

  9. Loss Settlement Amount

  10. Macro Risk

  11. Maintenance Bond

  12. Maturity Guarantee

  13. Microinsurance

  14. Mirror Fund

  15. Modified Payoff

  16. Monoline Insurance Company

  17. Monopolistic State Fund

  18. Morbidity Rate

  19. Mortality And Expense Risk Charge

  20. Multiline Insurance

  21. Mutual Insurance Company

  22. Mutual Mortgage Insurance Fund

  23. Named Beneficiary

  24. Named Perils Insurance Policy

  25. National Association Of Insurance And Financial Advisors - NAIFA

  26. National Association of Insurance Commissioners - NAIC

  27. National Insurance Contributions - NIC

  28. Net Premium

  29. No-Load Life Insurance

  30. Non-Contestability Clause

  31. Nonforfeiture Clause

  32. Nonledger Asset

  33. Office Of The Superintendent Of Financial Institutions - OSFI

  34. Opinion Of Title

  35. Overcapitalization

  36. Own-Occupation Policy

  37. Participating Policy

  38. Payable Through Draft

  39. Pension Risk Transfer

  40. Period Of Indemnity

  41. Permanent Life Insurance

  42. Policy Loan

  43. Policyholder Surplus

  44. Portfolio Insurance

  45. Pre-Existing Condition

  46. Preferred Provider Organization – PPO

  47. Premium Income

  48. Prepaid Insurance

  49. Primary Insurance Amount - PIA

  50. Private Mortgage Insurance - PMI

  51. Product Recall Insurance

  52. Provincial Parental Insurance Plan - PPIP

  53. Qualified Mortgage Insurance Premium

  54. Quick Liquidity Ratio

  55. Reinstatement

  56. Reinsurance Ceded

  57. Reinsurance Sidecar

  58. Reinsurer

  59. Renewable Term

  60. Reproduction Cost

  61. Reversionary Annuities

  62. Rider

  63. Risk Retention Group (RRG)

  64. Risk-Based Deposit Insurance

  65. Savings Association Insurance Fund - SAIF

  66. Scheduled Personal Property

  67. SEC Form N-6

  68. Second-To-Die Insurance

  69. Select Mortality Table

  70. Self-Build Insurance

  71. Self-insure

  72. Settlement Date

  73. Single Interest Insurance

  74. Single-Premium Life Insurance

  75. Solvency Capital Requirement

  76. Sprinkling Provision

  77. State Guaranty Fund

  78. Statutory Reserves

  79. Straight Life Annuity

  80. Stranger-Owned Life Insurance - STOLI

  81. Subrogation

  82. Substandard Health Annuity

  83. Substandard Insurance

  84. Supplemental Security Income - SSI

  85. Surrender Charge

  86. Surrender Fee

  87. Surrender Rights

  88. Takaful

  89. Term Certain Annuity

  90. Term Life Insurance

  91. Third-Party Claims Administrator

  92. Third-Party Insurance

  93. Title Binder

  94. Title Insurance

  95. Traditional Whole Life Policy

  96. Transfer Of Risk

  97. Transfer-For-Value Rule

  98. Transferable Insurance Policies - TIPS

  99. Uberrimae Fidei Contract

  100. Ultimate Mortality Table

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