# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

In-force Business in Health and Life Insurance: Key Concept Breakdown
Learn about in-force business in the context of health and life insurance. Understand the total value of policies either fully paid or being processed, and its impact on insurer portfolios and premium volumes.
Minimum Amount Life Policy: Understanding the Basics
Explore the concept of Minimum Amount Life Policy, a life insurance policy that specifies only a minimum face value. Learn how it works and why it might be suitable for your needs.
Notice to Company: Understanding General Insurance Notifications
Learn about the 'Notice to company' term in General Insurance. This notification is a written document sent to the insurer, informing them of an event that may lead to a claim.
Residence Employee in Workers Compensation: Definition and Overview
Understand what a residence employee is within the scope of workers compensation. Learn about the roles and responsibilities of individuals employed to perform household services.
Straight Life Policy (Life Insurance): Comprehensive Guide
Understand what a straight life policy, also known as a continuous premium whole life policy, entails. Learn how premiums are extended over the insured’s lifetime and the benefits involved.
Understanding Estate in General Insurance Terms
Learn about what constitutes an estate in the realm of general insurance terms. An estate includes all the property a deceased person owns at the time of their death.
Modified Fire Resistive Construction in Property Insurance
Understanding Modified Fire Resistive Construction, a type of building construction using masonry or fire-resistant materials for enhanced safety. Learn how it impacts property insurance.
Retrocessionaire in Reinsurance - What You Need to Know
Learn about the role of a retrocessionaire in reinsurance, who is responsible for reinsuring a reinsurer, adding an extra layer of security within the insurance industry.
Sliding Scale Commission (Reinsurance) — Explained
Understand the mechanism of Sliding Scale Commission in Reinsurance. Learn how commission paid by a ceding insurer to a reinsurer varies based on the loss ratio formula.
Understanding Probability in General Insurance Terms
Learn about the concept of probability in the context of general insurance and understand how the chance of an event occurring is represented as a number.
What is a Recording Agent in Property Insurance?
Learn about what a recording agent is in the context of property insurance and how they function within the industry. Understand their role and significance in writing property insurance policies.
Farmer’s Comprehensive Personal Liability (Liability Insurance) Explained
Learn about Farmer’s comprehensive personal liability insurance, which offers similar coverage to comprehensive personal liability but is specifically tailored for farm-related perils.
Federal Insurance Contributions Act (FICA) | Understanding Its Impact on Payroll Taxes
Explore the Federal Insurance Contributions Act (FICA), a law introduced in 1939, which mandates payroll taxes to fund social security and Medicare benefits. Learn how both employers and employees contribute equally.
Group II Rates (Property Insurance) - Extended Coverage Rates in Commercial Lines
Learn about Group II rates in property insurance, replacing Extended Coverage Rates under the newest commercial lines program. This includes rates for hail, riots, and vehicles.
Recurring Clause in Health Insurance: Definition and Importance
Learn about the recurring clause in health insurance policies, which outlines the time period for considering a condition as a recurrent disability or a different condition.

Insurance Terms Lexicon

Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.

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