Life insurance

Life insurance

Industry: Insurance

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Life insurance

point-of-service plan

Insurance; Life insurance

Health insurance policy that allows the employee to choose between in-network and out-of-network care each time medical treatment is needed.

policy

Insurance; Life insurance

The written contract effecting insurance, or the certificate thereof, by whatever name called, and including all clause, riders, endorsements, and papers attached thereto and made a part thereof.

policyholder dividend ratio

Insurance; Life insurance

The ratio of dividends to policyholders related to net premiums earned.

policyholder surplus

Insurance; Life insurance

The sum of paid in capital, paid in and contributed surplus, and net earned surplus, including voluntary contingency reserves. It also is the difference between total admitted assets and total ...

policy or sales illustration

Insurance; Life insurance

Material used by an agent and insurer to show how a policy may perform under a variety of conditions and over a number of years.

A coverage limitation included in many health policies which states that certain physical or mental conditions, either previously diagnosed or which would normally be expected to require treatment ...