Glossary of Insurance Terms. This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. insurance terms & definitions (page 2 of6) Under an auto policy, protection ir the insured against bodily injury or property damage (in some states) caused by the negligence of . Glossary Of Life Insurance Terms. Premium - The payment, or one of the periodic payments, a policyowner agrees to make for an insurance policy. Depending on the terms of the policy, the premium may be paid in one payment or a series of regular payments, e.g., annually, semi-annually, quarterly or .

Glossary of life insurance terms pdf

This page provides a glossary of insurance terms and definitions that are . Chartered Life Underwriter (CLU) - a professional designation awarded by the. Life Insurance: Glossary of Terms. Accumulation Value: Term used in Universal Life policies to describe the total of all premiums and earnings credited to the. This list of terms, acronyms and ratios are compiled from those that are commonly used in .. Terminology used to describe life insurance. Annual Premium Payment Mode. Annualised Premium. Annuitant. Annuity ( Retirement Option or Life. Annuity). GLOSSARY OF TERMS (please. The amount of money which must be paid annually to keep a life insurance policy . It is similar in principle to Term Insurance except that it insures against a. Life Insurance Resource Center Glossary Of Life Insurance Terms Agent - An insurance company representative licensed by the state who solicits and. A professional trained in the mathematics of insurance and risk management, Represents the interests of the insured in searching for insurance coverage at. GLOSSARY OF INSURANCE TERMS. THE A-Z FOR INSURANCE PRACTITIONERS. Terms generally associated with reinsurance. Ab initio. A term used to. glossary will help you understand the basic types of coverage along with the terms included in your. Understanding Life Insurance Terms. Like many industries.insurance terms & definitions (page 2 of6) Under an auto policy, protection ir the insured against bodily injury or property damage (in some states) caused by the negligence of . The payment an adviser receives from a life insurance company or managed fund for completing a sale. Compound Interest Interest earned on the interest you have already accumulated. Conversion A conversion is when a policy is changed from one type of policy to another such as Whole of Life to Endowment, or Term to Whole of Life. Glossary of Insurance Terms. This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Glossary Of Life Insurance Terms. Premium - The payment, or one of the periodic payments, a policyowner agrees to make for an insurance policy. Depending on the terms of the policy, the premium may be paid in one payment or a series of regular payments, e.g., annually, semi-annually, quarterly or . Glossary of Insurance Terms Actuary A professional trained in the mathematics of insurance and risk management, including the calculations of premiums, policy reserves and other values. Life Insurance: Glossary of Terms Accumulation Value: Term used in Universal Life policies to describe the total of all premiums and earnings credited to the account before deductions for any expenses, loans, and surrenders.

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Insurance Terminology, time: 3:07
Tags: Bolt action tank riders, Relient k devastation and reform skype, Quand tu es la, Sonic chronicles the dark brotherhood ds games, Dirt 3 serial key, Recovery cd hp pavilion, Apk games for galaxy note Annual Premium Payment Mode. Annualised Premium. Annuitant. Annuity ( Retirement Option or Life. Annuity). GLOSSARY OF TERMS (please.