Life Insurance Definitions

Explore Definitions

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Accidental Death Benefit: What It Is, Examples of What It Covers
What Is a Free Look Period and How Does It Work?
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What Is a Death Benefit? How They're Taxed and Who Can Claim It
What Is a Nonforfeiture Clause? 4 Payout Options Explained
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Embedded Value (EV): Definition, Calculation, and Importance
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Waiver of Premium Rider: Definition, Purpose, Benefits, and Cost
Overview of main health effects on humans from some common types of pollution
Morbidity Rate
What Is a Collateral Assignment of Life Insurance?
Signing Agreement
Irrevocable Beneficiary
Working on Mortgage Rates
Policy Loan Definition
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Level-Premium Insurance
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Surrender Charge
Life insurance, key to financial security
Participating Policy
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Company-Owned Life Insurance (COLI)
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Accelerated Death Benefit (ADB)
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Accumulated Value
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Accelerated Benefit Riders: How They Work
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Defining an Incontestability Clause
Corporate Building Reflection
Allocated Loss Adjustment Expenses (ALAE)
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Viatical Settlement
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Automatic Premium Loan
What Is Mode of Premium?
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Life Settlement
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Actuarial Life Table
Unsolicited Application
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Yearly Renewable Term (YRT)
Convention Statement Definition
Transfer-for-Value Rule
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Dread Disease Rider
Understanding the Insurance Transfer-for-Value Rule
Free of Particular Average (FPA)
Life Insurance Clauses Determine Your Coverage
Hazardous Activity
Noncancellable Insurance Policy
Incidents of Ownership
Signing Agreement
Understand Permanent Life Insurance Illustrations
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Level Death Benefit
Life Expectancy: It's More Than Just A Number
Accumulation Option
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Family Income Rider
Valuation Mortality Table
Actuarial Age
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Group Carve-Out Plan
Variable Death Benefit
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Mirror Fund
you can exchange an annuity for one with a lower cost
Surrender Rights
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Underlying Mortality Assumption
Let's talk investment options
Accelerated Option
Planning our retirement together
Joint-Life Payout
Life Insurance Policy
United States Government Life Insurance (USGLI)
Sprinkling Provision
Maturity Guarantee
Adjusted Premium Method
Waterfall Concept
Comparative Interest Rate Method
Transferable Insurance Policies (TIPS)
Yearly Probability of Living
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Clean Sheeting
Aggregate Mortality Table