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Dictionary
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Life Insurance:
Insurance Glossary Dictionary Iv - Life Insurance
Definition
and meaning of
LIFE INSURANCE :
LIFE INSURANCE: See Ordinary life insurance; Term insurance; Variable life insuran...
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Dictionary
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Insured Or Insured Life:
Insurance Business Glossary Dictionary -
Insured Or Insured Life
Definition
and meaning of Insured or Insured Life :
Insured or Insured Life: The person on whose life the policy is issued.
...
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Dictionary
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Debit Life Insurance:
Life Insurance Glossary Dictionary -
Debit Life Insurance
Definition
and meaning of Debit Life Insurance :
Debit Life Insurance: See Industrial Life Insurance. (LI)
(Source:
InsWe...
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Dictionary
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Life Insurance, Ordinary:
Life Insurance Glossary Dictionary -
Life Insurance, Ordinary
Definition
and meaning of Life Insurance, Ordinary :
Life Insurance, Ordinary: See Ordinary Life Insurance. (LI)
(Source:...
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Dictionary
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Life Insurance, Straight:
Life Insurance Glossary Dictionary -
Life Insurance, Straight
Definition
and meaning of Life Insurance, Straight :
Life Insurance, Straight: See Ordinary Life Insurance. (LI)
(Source:...
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Dictionary
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Joint Life Insurance:
Life Insurance Glossary Dictionary -
Joint Life Insurance
Definition
and meaning of Joint Life Insurance :
Joint Life Insurance: See Joint Insurance. (LI)
(Source:
InsWeb)
...
» Read the article
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Dictionary
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Individual Life Insurance:
Life Insurance Glossary Dictionary -
Individual Life Insurance
Definition
and meaning of Individual Life Insurance :
Individual Life Insurance: (1) That type of Life Insurance which covers...
» Read the article
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Dictionary
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Life Insurance, Whole Life:
Life Insurance Glossary Dictionary -
Life Insurance, Whole Life
Definition
and meaning of Life Insurance, Whole Life :
Life Insurance, Whole Life: See Whole Life Insurance. (LI)
(Source...
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Dictionary
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Life Insurance:
Insurance Glossary Dictionary Ii - Life Insurance
Definition
and meaning of
Life insurance :
A policy that pays a specified sum to beneficiaries upon the death of the life ass...
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Dictionary
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Institute Of Life Insurance:
Life Insurance Glossary Dictionary -
Institute Of Life Insurance
Definition
and meaning of Institute of Life Insurance :
Institute of Life Insurance: Formerly an agency of the Life Insurance...
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Dictionary
-
Life Insurance:
Insurance Business Glossary Dictionary -
Life Insurance
Definition
and meaning of Life Insurance :
Life Insurance: Insurance providing for payment of a specified amount on the insur...
» Read the article
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Dictionary
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Permanent Life Insurance:
Life Insurance Glossary Dictionary -
Permanent Life Insurance
Definition
and meaning of Permanent Life Insurance :
Permanent Life Insurance: A term loosely applied to Life Insurance polic...
» Read the article
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Dictionary
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Dependent Life Insurance:
Life Insurance Glossary Dictionary -
Dependent Life Insurance
Definition
and meaning of Dependent Life Insurance :
Dependent Life Insurance: A life insurance benefit which is part of a gr...
» Read the article
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Dictionary
-
Industrial Life Insurance:
Life Insurance Glossary Dictionary -
Industrial Life Insurance
Definition
and meaning of Industrial Life Insurance :
Industrial Life Insurance: One of the major classes of insurance. It is...
» Read the article
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Dictionary
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Split Life Insurance:
Life Insurance Glossary Dictionary -
Split Life Insurance
Definition
and meaning of Split Life Insurance :
Split Life Insurance: A combination of Installment Annuity and Term Insuranc...
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Dictionary
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Credit Life Insurance:
Life Insurance Glossary Dictionary -
Credit Life Insurance
Definition
and meaning of Credit Life Insurance :
Credit Life Insurance: A group life insurance contract whereby a creditor i...
» Read the article
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Dictionary
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Association Of Life Insurance Council:
Life Insurance Glossary Dictionary -
Association Of Life Insurance Council
Definition
and meaning of Association of Life Insurance Council :
Association of Life Insurance Council: An organization of L...
» Read the article
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Dictionary
-
Savings Bank Life Insurance:
Life Insurance Glossary Dictionary -
Savings Bank Life Insurance
Definition
and meaning of Savings Bank Life Insurance :
Savings Bank Life Insurance: Life Insurance sold by mutual savings ba...
» Read the article
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Dictionary
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Life Insurance Trust:
Life Insurance Glossary Dictionary -
Life Insurance Trust
Definition
and meaning of Life Insurance Trust :
Life Insurance Trust: A type of Life Insurance policy where a trust company ...
» Read the article
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Dictionary
-
Life Insurance, Narrow:
Life Insurance Glossary Dictionary -
Life Insurance, Narrow
Definition
and meaning of Life Insurance, Narrow :
Life Insurance (Narrow): An agreement that guarantees the payment of a sta...
» Read the article
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Dictionary
-
Life Insurers Conference:
Life Insurance Glossary Dictionary -
Life Insurers Conference
Definition
and meaning of Life Insurers Conference :
Life Insurers Conference: An organization that provides for exchange of ...
» Read the article
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Dictionary
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Life Insurance, Generic:
Life Insurance Glossary Dictionary -
Life Insurance, Generic
Definition
and meaning of Life Insurance, Generic :
Life Insurance (Generic): A contractual system of risk sharing under whic...
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Dictionary
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Variable Life Insurance:
Life Insurance Glossary Dictionary -
Variable Life Insurance
Definition
and meaning of Variable Life Insurance :
Variable Life Insurance: A form whose face value varies depending upon th...
» Read the article
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Dictionary
-
Whole Life Insurance:
Life Insurance Glossary Dictionary -
Whole Life Insurance
Definition
and meaning of Whole Life Insurance :
Whole Life Insurance: Insurance which may be kept in force for a person's wh...
» Read the article
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Dictionary
-
Dual Life Insurance:
Insurance Glossary Dictionary Iii - Dual Life Insurance
Definition
and meaning of
dual life insurance :
dual life insurance: Another name for second-to-die insurance.
(Source:
Ba...
» Read the article
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Dictionary
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Group Life Insurance:
Life Insurance Glossary Dictionary -
Group Life Insurance
Definition
and meaning of Group Life Insurance :
Group Life Insurance: Life Insurance provided for members of a group. It is ...
» Read the article
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Dictionary
-
Juvenile Insurance:
Life Insurance Glossary Dictionary -
Juvenile Insurance
Definition
and meaning of Juvenile Insurance :
Juvenile Insurance: Life insurance written on a child. (LI)
(Source:
InsWeb...
» Read the article
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Dictionary
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Evidence Of Insurability:
Life Insurance Glossary Dictionary -
Evidence Of Insurability
Definition
and meaning of Evidence of Insurability :
Evidence of Insurability: The statement of information needed for the un...
» Read the article
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Dictionary
-
Insurance In Force:
Life Insurance Glossary Dictionary -
Insurance In Force
Definition
and meaning of Insurance In Force :
Insurance In Force: The face amounts of contracts still to be paid out to insu...
» Read the article
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Dictionary
-
Guaranteed Insurability:
Life Insurance Glossary Dictionary -
Guaranteed Insurability
Definition
and meaning of Guaranteed Insurability :
Guaranteed Insurability: An option in Life and Health Insurance contracts...
» Read the article
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Dictionary
-
Adjustable Life Insurance:
Insurance Glossary Dictionary Iv - Adjustable Life Insurance
Definition
and meaning of
ADJUSTABLE LIFE INSURANCE :
ADJUSTABLE LIFE INSURANCE*: A form of life insurance that allows policy...
» Read the article
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Dictionary
-
Permanent Life Insurance:
Insurance Glossary Dictionary Iii - Permanent Life Insurance
Definition
and meaning of
permanent life insurance :
permanent life insurance: A phrase used to cover any form of life insura...
» Read the article
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Dictionary
-
Group Permanent Life Insurance:
Life Insurance Glossary Dictionary -
Group Permanent Life Insurance
Definition
and meaning of Group Permanent Life Insurance :
Group Permanent Life Insurance: A form of Life Insurance under whi...
» Read the article
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Dictionary
-
Fraternal Insurance:
Life Insurance Glossary Dictionary -
Fraternal Insurance
Definition
and meaning of Fraternal Insurance :
Fraternal Insurance: Insurance offered a special group of people, namely, mem...
» Read the article
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Dictionary
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Industrial Life Insurance:
Insurance Glossary Dictionary Iii - Industrial Life Insurance
Definition
and meaning of
industrial life insurance :
industrial life insurance: Life insurance issued in small amounts, usua...
» Read the article
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Dictionary
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Credit Life Insurance:
Insurance Glossary Dictionary Iv - Credit Life Insurance
Definition
and meaning of
CREDIT LIFE INSURANCE :
CREDIT LIFE INSURANCE: Life insurance coverage on a borrower designed to re...
» Read the article
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Dictionary
-
Classified Insurance:
Life Insurance Glossary Dictionary -
Classified Insurance
Definition
and meaning of Classified Insurance :
Classified Insurance: Life or Health Insurance on risks which do not meet th...
» Read the article
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Dictionary
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Whole Life Insurance:
Insurance Glossary Dictionary Iii - Whole Life Insurance
Definition
and meaning of
whole life insurance :
whole life insurance: A plan of insurance for life, with premiums payable fo...
» Read the article
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Dictionary
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Joint Insurance:
Life Insurance Glossary Dictionary -
Joint Insurance
Definition
and meaning of Joint Insurance :
Joint Insurance: Insurance written on two or more persons with benefits usually p...
» Read the article
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Dictionary
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Adjustable Life Insurance:
Insurance Glossary Dictionary Iii - Adjustable Life Insurance
Definition
and meaning of
adjustable life insurance :
adjustable life insurance: A type of insurance that allows the policyho...
» Read the article
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Dictionary
-
Whole Life Insurance:
Insurance Business Glossary Dictionary -
Whole Life Insurance
Definition
and meaning of Whole Life Insurance :
Whole Life Insurance: Life insurance payable to a beneficiary at the death o...
» Read the article
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Dictionary
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Ordinary Life Insurance:
Insurance Glossary Dictionary Iii - Ordinary Life Insurance
Definition
and meaning of
ordinary life insurance :
ordinary life insurance: Life insurance usually issued in amounts of $1,0...
» Read the article
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Dictionary
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Life Insurance In Force:
Insurance Glossary Dictionary Iii - Life Insurance In Force
Definition
and meaning of
life insurance in force :
life insurance in force: The sum of the face amounts, plus dividend addit...
» Read the article
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Dictionary
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Fraternal Life Insurance:
Insurance Glossary Dictionary Iii - Fraternal Life Insurance
Definition
and meaning of
fraternal life insurance :
fraternal life insurance: Life insurance provided by fraternal orders or...
» Read the article
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Dictionary
-
Credit Life Insurance:
Insurance Glossary Dictionary Iii - Credit Life Insurance
Definition
and meaning of
credit life insurance :
credit life insurance: Term life insurance issued through a lender or lendi...
» Read the article
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Dictionary
-
Term Life Insurance:
Insurance Glossary Dictionary Ii - Term Life Insurance
Definition
and meaning of
Term life insurance :
A life insurance policy that pays the sum insured only if the life assured di...
» Read the article
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Dictionary
-
Endowment Insurance:
Life Insurance Glossary Dictionary -
Endowment Insurance
Definition
and meaning of Endowment Insurance :
Endowment Insurance: A form of Life Insurance where the face amount is payabl...
» Read the article
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Dictionary
-
Business Insurance:
Life Insurance Glossary Dictionary -
Business Insurance
Definition
and meaning of Business Insurance :
Business Insurance: Policies written for business purposes, such as key employ...
» Read the article
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Dictionary
-
Life Expectancy Term Insurance:
Life Insurance Glossary Dictionary -
Life Expectancy Term Insurance
Definition
and meaning of Life Expectancy Term Insurance :
Life Expectancy Term Insurance: A form of Term Life Insurance that...
» Read the article
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Dictionary
-
Cost Of Insurance:
Life Insurance Glossary Dictionary -
Cost Of Insurance
Definition
and meaning of Cost of Insurance :
Cost of Insurance: The amount a policy owner pays to an insurer, minus what he ...
» Read the article
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Dictionary
-
Permanent Life Insurance:
Insurance Business Glossary Dictionary -
Permanent Life Insurance
Definition
and meaning of Permanent Life Insurance :
Permanent Life Insurance: A phrase used to cover any form of life insura...
» Read the article
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Dictionary
-
Home Service Life Insurance:
Life Insurance Glossary Dictionary -
Home Service Life Insurance
Definition
and meaning of Home Service Life Insurance :
Home Service Life Insurance: See Industrial Life Insurance. (LI)
...
» Read the article
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Dictionary
-
Modified Life Insurance:
Insurance Glossary Dictionary Iii - Modified Life Insurance
Definition
and meaning of
modified life insurance :
modified life insurance: A type of whole life policy with a premium that ...
» Read the article
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Dictionary
-
Term Insurance:
Life Insurance Glossary Dictionary -
Term Insurance
Definition
and meaning of Term Insurance :
Term Insurance: The type of Life Insurance policy that provides protection only fo...
» Read the article
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Dictionary
-
Industrial Life Insurance:
Insurance Business Glossary Dictionary -
Industrial Life Insurance
Definition
and meaning of Industrial Life Insurance :
Industrial Life Insurance: Life insurance issued in small amounts, usua...
» Read the article
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Dictionary
-
Life Insurance Programming:
Insurance Business Glossary Dictionary -
Life Insurance Programming
Definition
and meaning of Life Insurance Programming :
Life Insurance Programming: Systematic method of determining the insur...
» Read the article
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Dictionary
-
Partnership Insurance:
Life Insurance Glossary Dictionary -
Partnership Insurance
Definition
and meaning of Partnership Insurance :
Partnership Insurance: Life or Health Insurance sold to a partnership, usua...
» Read the article
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Dictionary
-
Straight Life Insurance:
Insurance Business Glossary Dictionary -
Straight Life Insurance
Definition
and meaning of Straight Life Insurance :
Straight Life Insurance: Whole life insurance on which premiums are payab...
» Read the article
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Dictionary
-
Whole Life Insurance:
Insurance Business Glossary Dictionary -
Whole Life Insurance
Definition
and meaning of Whole Life Insurance :
Whole Life Insurance: A plan of insurance for the whole of life. It includes...
» Read the article
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Dictionary
-
Business Life Insurance:
Insurance Business Glossary Dictionary -
Business Life Insurance
Definition
and meaning of Business Life Insurance :
Business Life Insurance: Life insurance purchased by a business enterpris...
» Read the article
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Dictionary
-
Adjustable Life Insurance:
Insurance Business Glossary Dictionary -
Adjustable Life Insurance
Definition
and meaning of Adjustable Life Insurance :
Adjustable Life Insurance: A type of insurance that allows the policyho...
» Read the article
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Dictionary
-
Franchise Insurance:
Life Insurance Glossary Dictionary -
Franchise Insurance
Definition
and meaning of Franchise Insurance :
Franchise Insurance: A plan for covering groups of persons with individual po...
» Read the article
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Dictionary
-
Mortgage Insurance:
Life Insurance Glossary Dictionary -
Mortgage Insurance
Definition
and meaning of Mortgage Insurance :
Mortgage Insurance: In Life and Health Insurance, a policy covering a mortgago...
» Read the article
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Dictionary
-
Business Life Insurance:
Insurance Glossary Dictionary Iii - Business Life Insurance
Definition
and meaning of
business life insurance :
business life insurance: Life insurance purchased by a business enterpris...
» Read the article
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Dictionary
-
Industrial Life Insurance:
Insurance Business Glossary Dictionary -
Industrial Life Insurance
Definition
and meaning of Industrial Life Insurance :
Industrial Life Insurance: A class of life insurance that is usually is...
» Read the article
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Dictionary
-
Life Insurance In Force:
Insurance Business Glossary Dictionary -
Life Insurance In Force
Definition
and meaning of Life Insurance in Force :
Life Insurance in Force: The sum of the face amounts, plus dividend addit...
» Read the article
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Dictionary
-
Ordinary Life Insurance:
Insurance Business Glossary Dictionary -
Ordinary Life Insurance
Definition
and meaning of Ordinary Life Insurance :
Ordinary Life Insurance: Life insurance usually issued in amounts of $1,0...
» Read the article
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Dictionary
-
Adjustable Life:
Life Insurance Glossary Dictionary -
Adjustable Life
Definition
and meaning of Adjustable Life :
Adjustable Life: A form of life insurance which allows changes on the policy face...
» Read the article
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Dictionary
-
Group Life Insurance:
Insurance Glossary Dictionary Iii - Group Life Insurance
Definition
and meaning of
group life insurance :
group life insurance: Life insurance that usually does not require medical e...
» Read the article
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Dictionary
-
Life Underwriter:
Life Insurance Glossary Dictionary -
Life Underwriter
Definition
and meaning of Life Underwriter :
Life Underwriter: Usually, a Life Insurance agent. It can be more narrowly defin...
» Read the article
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Dictionary
-
American Council Of Life Insurance, Inc:
Life Insurance Glossary Dictionary -
American Council Of Life Insurance, Inc
Definition
and meaning of American Council of Life Insurance, Inc :
American Council of Life Insurance, Inc: An association m...
» Read the article
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Dictionary
-
Universal Life Insurance:
Insurance Glossary Dictionary Iii - Universal Life Insurance
Definition
and meaning of
universal life insurance :
universal life insurance: Unlike traditional cash-value policies (known ...
» Read the article
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Dictionary
-
Variable Life Insurance:
Insurance Glossary Dictionary Iii - Variable Life Insurance
Definition
and meaning of
variable life insurance :
variable life insurance: True investment characteristics were introduced ...
» Read the article
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Dictionary
-
Scheduled Premium Variable Life Insurance:
Life Insurance Glossary Dictionary -
Scheduled Premium Variable Life Insurance
Definition
and meaning of Scheduled Premium Variable Life Insurance :
Scheduled Premium Variable Life Insurance: A whole life...
» Read the article
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Dictionary
-
Expectation Of Life:
Life Insurance Glossary Dictionary -
Expectation Of Life
Definition
and meaning of Expectation of Life :
Expectation of Life: The average number of years of life remaining for person...
» Read the article
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Dictionary
-
Thaisoi:
Life Insurance Glossary Dictionary -
Thaisoi
Definition
and meaning of Thaisoi :
Thaisoi: An ancient Greek benevolent society which was a step in the evolution of Life an...
» Read the article
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Dictionary
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Life Conservation:
Life Insurance Glossary Dictionary -
Life Conservation
Definition
and meaning of Life Conservation :
Life Conservation: The administration of efforts to preserve human life through...
» Read the article
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Dictionary
-
Stock Life Insurance Company:
Insurance Business Glossary Dictionary -
Stock Life Insurance Company
Definition
and meaning of Stock Life Insurance Company :
Stock Life Insurance Company: A life insurance company owned by stoc...
» Read the article
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Dictionary
-
Life Expectancy:
Life Insurance Glossary Dictionary -
Life Expectancy
Definition
and meaning of Life Expectancy :
Life Expectancy: The average number of years remaining for a person of a given ag...
» Read the article
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Dictionary
-
Life Income:
Life Insurance Glossary Dictionary -
Life Income
Definition
and meaning of Life Income :
Life Income: A settlement option under which equal installments are paid as long as t...
» Read the article
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Dictionary
-
Decreasing Term Life Insurance:
Insurance Glossary Dictionary Iv - Decreasing Term Life Insurance
Definition
and meaning of
DECREASING TERM LIFE INSURANCE :
DECREASING TERM LIFE INSURANCE*: Term life insurance that provides...
» Read the article
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Dictionary
-
Increasing Term Life Insurance:
Insurance Glossary Dictionary Iv - Increasing Term Life Insurance
Definition
and meaning of
INCREASING TERM LIFE INSURANCE :
INCREASING TERM LIFE INSURANCE*: A type of term life insurance tha...
» Read the article
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Dictionary
-
Wholesale Group Insurance:
Life Insurance Glossary Dictionary -
Wholesale Group Insurance
Definition
and meaning of Wholesale Group Insurance :
Wholesale Group Insurance: See Franchise Insurance. (LI,H)
(Source:...
» Read the article
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Dictionary
-
Group Life Insurance:
Insurance Business Glossary Dictionary -
Group Life Insurance
Definition
and meaning of Group Life Insurance :
Group Life Insurance: Life insurance usually without medical examination, on...
» Read the article
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Dictionary
-
Universal Life Insurance:
Insurance Business Glossary Dictionary -
Universal Life Insurance
Definition
and meaning of Universal Life Insurance :
Universal Life Insurance: A flexible premium life insurance policy under...
» Read the article
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Dictionary
-
Variable Life Insurance:
Insurance Business Glossary Dictionary -
Variable Life Insurance
Definition
and meaning of Variable Life Insurance :
Variable Life Insurance: Life insurance under which the benefits relate t...
» Read the article
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Dictionary
-
Asa:
Life Insurance Glossary Dictionary -
Asa
Definition
and meaning of ASA :
ASA: Associate of the Society of Actuaries. See Society of Actuaries. (LI)
(Source:
InsWe...
» Read the article
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Dictionary
-
Risk Premium Insurance:
Life Insurance Glossary Dictionary -
Risk Premium Insurance
Definition
and meaning of Risk Premium Insurance :
Risk Premium Insurance: See Yearly Renewable Term. (LI)
(Source:
InsWeb...
» Read the article
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Dictionary
-
Universal Life:
Life Insurance Glossary Dictionary -
Universal Life
Definition
and meaning of Universal Life :
Universal Life: A combination flexible premium, adjustable life insurance policy. ...
» Read the article
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Dictionary
-
Surrender:
Life Insurance Glossary Dictionary -
Surrender
Definition
and meaning of Surrender :
Surrender: To give up a Whole Life policy. The insurer pays the insured the cash value ...
» Read the article
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Dictionary
-
Segli:
Life Insurance Glossary Dictionary -
Segli
Definition
and meaning of SEGLI :
SEGLI: Service Employees Group Life Insurance, which is issued to members of the armed forc...
» Read the article
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Dictionary
-
Weekly Premium Insurance:
Life Insurance Glossary Dictionary -
Weekly Premium Insurance
Definition
and meaning of Weekly Premium Insurance :
Weekly Premium Insurance: (1) A policy the premium on which is collected...
» Read the article
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Dictionary
-
Termination:
Life Insurance Glossary Dictionary -
Termination
Definition
and meaning of Termination :
Termination: The cessation of premium paying for a Whole Life or Endowment policy bef...
» Read the article
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Dictionary
-
Assignment:
Life Insurance Glossary Dictionary -
Assignment
Definition
and meaning of Assignment :
Assignment: The transfer of the ownership rights of a Life Insurance policy from one p...
» Read the article
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Dictionary
-
Limited Payment Life Insurance:
Insurance Glossary Dictionary Iii - Limited Payment Life Insurance
Definition
and meaning of
limited payment life insurance :
limited payment life insurance: Whole life insurance on which prem...
» Read the article
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Dictionary
-
Mutual Life Insurance Company:
Insurance Glossary Dictionary Iii - Mutual Life Insurance Company
Definition
and meaning of
mutual life insurance company :
mutual life insurance company: A life insurance company owned by po...
» Read the article
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Dictionary
-
Stock Life Insurance Company:
Insurance Glossary Dictionary Iii - Stock Life Insurance Company
Definition
and meaning of
stock life insurance company :
stock life insurance company: A life insurance company owned by stoc...
» Read the article
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Dictionary
-
Employee Certificate Of Insurance:
Life Insurance Glossary Dictionary -
Employee Certificate Of Insurance
Definition
and meaning of Employee Certificate of Insurance :
Employee Certificate of Insurance: The employee's evidence of p...
» Read the article
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Dictionary
-
Sole Proprietorship Insurance:
Life Insurance Glossary Dictionary -
Sole Proprietorship Insurance
Definition
and meaning of Sole Proprietorship Insurance :
Sole Proprietorship Insurance: Life and Health Insurance that handl...
» Read the article
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Dictionary
-
Cost Of Insurance Charge:
Life Insurance Glossary Dictionary -
Cost Of Insurance Charge
Definition
and meaning of Cost of Insurance Charge :
Cost of Insurance Charge: Another term to describe the charge for the pu...
» Read the article
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