Definitions tagged as

Insurance Terminology

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  1. Pre-Disability Earnings

  2. Pre-Existing Condition

  3. Pre-Existing Condition Exclusion Period

  4. Preferred Auto Coverage

  5. Preferred Provider Organization – PPO

  6. Premium Balance

  7. Premium Income

  8. Premium to Surplus Ratio

  9. Prepaid Insurance

  10. Primary Insurance Amount - PIA

  11. Private-Passenger Auto Insurance Policyholder Risk Profile

  12. Private Mortgage Insurance - PMI

  13. Product Recall Insurance

  14. Protected Cell Company (PCC)

  15. Provincial Parental Insurance Plan - PPIP

  16. Qualified Mortgage Insurance Premium

  17. Qualifying Event

  18. Quick Liquidity Ratio

  19. Re-Entry Term Insurance

  20. Reciprocal Insurance Exchange

  21. Reinstatement

  22. Reinsurance Ceded

  23. Reinsurance Recoverables

  24. Reinsurance Recoverables to Policyholder Surplus

  25. Reinsurance Sidecar

  26. Reinsurer

  27. Renewable Term

  28. Reproduction Cost

  29. Reserves To Policyholders' Surplus Ratio

  30. Residual Benefit

  31. Return On Policyholder Surplus

  32. Reversionary Annuities

  33. Rider

  34. Risk-Based Deposit Insurance

  35. Risk Retention Group (RRG)

  36. Savings Association Insurance Fund - SAIF

  37. Scheduled Personal Property

  38. SEC Form N-6

  39. Second-To-Die Insurance

  40. Section 7702

  41. Select Mortality Table

  42. Self-Build Insurance

  43. Self-insure

  44. Settlement Date

  45. Single-Premium Life Insurance

  46. Single Entity Coverage

  47. Single Interest Insurance

  48. Solvency Capital Requirement

  49. Sprinkling Provision

  50. Standard Auto Insurance

  51. State Guaranty Fund

  52. Statutory Reserves

  53. Straight Life Annuity

  54. Stranger-Owned Life Insurance - STOLI

  55. Subaccount Charge

  56. Subrogation

  57. Substandard Health Annuity

  58. Substandard Insurance

  59. Successive Periods

  60. Supplemental Security Income - SSI

  61. Surrender Charge

  62. Surrender Fee

  63. Surrender Rights

  64. Takaful

  65. Term Certain Annuity

  66. Term Life Insurance

  67. Third-Party Claims Administrator

  68. Third-Party Insurance

  69. Title Binder

  70. Title Insurance

  71. Total Permanent Disability (TPD)

  72. Traditional Whole Life Policy

  73. Transfer-For-Value Rule

  74. Transferable Insurance Policies - TIPS

  75. Transfer Of Risk

  76. Uberrimae Fidei Contract

  77. Ultimate Mortality Table

  78. Ultimate Net Loss

  79. Umbrella Insurance Policy

  80. Umbrella Personal Liability Policy

  81. Umpire Clause

  82. Unaffiliated Investments

  83. Unallocated Benefit

  84. Unallocated Loss Adjustment Expenses (ULAE)

  85. Unauthorized Insurance

  86. Unauthorized Insurer

  87. Unbundled Life Insurance Policy

  88. Underinsurance

  89. Underinsured Motorist Coverage

  90. Underinsured Motorist Endorsement

  91. Underlying Mortality Assumption

  92. Underlying Retention

  93. Underwriting

  94. Underwriting Cycle

  95. Underwriting Fees

  96. Underwriting Income

  97. Underwriting Risk

  98. Unearned Premium

  99. Unemployment Claim

  100. Unfair Claims Practice

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