Definitions tagged as

Insurance Terminology

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  1. Level-Premium Insurance

  2. Life Annuity

  3. Life Option

  4. Life Settlement

  5. Lifetime Payout Annuity

  6. Lloyd's Of London

  7. Long-Term Care (LTC) Insurance

  8. Longevity Risk

  9. Loss Adjustment Expense (LAE)

  10. Loss Payee

  11. Loss Ratio

  12. Loss Settlement Amount

  13. Macro Risk

  14. Maintenance Bond

  15. Maturity Guarantee

  16. Microinsurance

  17. Mirror Fund

  18. Modified Payoff

  19. Monoline Insurance Company

  20. Monopolistic State Fund

  21. Morbidity Rate

  22. Mortality And Expense Risk Charge

  23. Multiline Insurance

  24. Mutual Insurance Company

  25. Mutual Mortgage Insurance Fund

  26. Named Beneficiary

  27. Named Perils Insurance Policy

  28. National Association Of Insurance And Financial Advisors - NAIFA

  29. National Association of Insurance Commissioners - NAIC

  30. National Insurance Contributions - NIC

  31. Net Premium

  32. Net Premiums Written

  33. No-Load Life Insurance

  34. Non-Contestability Clause

  35. Nonforfeiture Clause

  36. Nonledger Asset

  37. Office Of The Superintendent Of Financial Institutions - OSFI

  38. Opinion Of Title

  39. Overcapitalization

  40. Own-Occupation Policy

  41. Participating Policy

  42. Payable Through Draft

  43. Pension Risk Transfer

  44. Period Of Indemnity

  45. Permanent Life Insurance

  46. Policy Loan

  47. Policyholder Surplus

  48. Portfolio Insurance

  49. Pre-Existing Condition

  50. Preferred Provider Organization – PPO

  51. Premium Income

  52. Prepaid Insurance

  53. Primary Insurance Amount - PIA

  54. Private Mortgage Insurance - PMI

  55. Product Recall Insurance

  56. Provincial Parental Insurance Plan - PPIP

  57. Qualified Mortgage Insurance Premium

  58. Quick Liquidity Ratio

  59. Reinstatement

  60. Reinsurance Ceded

  61. Reinsurance Sidecar

  62. Reinsurer

  63. Renewable Term

  64. Reproduction Cost

  65. Reversionary Annuities

  66. Rider

  67. Risk Retention Group (RRG)

  68. Risk-Based Deposit Insurance

  69. Savings Association Insurance Fund - SAIF

  70. Scheduled Personal Property

  71. SEC Form N-6

  72. Second-To-Die Insurance

  73. Select Mortality Table

  74. Self-Build Insurance

  75. Self-insure

  76. Settlement Date

  77. Single Interest Insurance

  78. Single-Premium Life Insurance

  79. Solvency Capital Requirement

  80. Sprinkling Provision

  81. State Guaranty Fund

  82. Statutory Reserves

  83. Straight Life Annuity

  84. Stranger-Owned Life Insurance - STOLI

  85. Subrogation

  86. Substandard Health Annuity

  87. Substandard Insurance

  88. Supplemental Security Income - SSI

  89. Surrender Charge

  90. Surrender Fee

  91. Surrender Rights

  92. Takaful

  93. Term Certain Annuity

  94. Term Life Insurance

  95. Third-Party Claims Administrator

  96. Third-Party Insurance

  97. Title Binder

  98. Title Insurance

  99. Traditional Whole Life Policy

  100. Transfer Of Risk

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