Life insurance

Life insurance

Industry: Insurance

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Life insurance

standard auto

Insurance; Life insurance

Auto insurance for average drivers with relatively few accidents during lifetime.

profit

Insurance; Life insurance

A measure of the competence and ability of management to provide viable insurance products at competitive prices and maintain a financially strong company for both policyholders and stockholders.

state of domicile

Insurance; Life insurance

The state in which the company is incorporated or chartered. The company also is licensed (admitted) under the state's insurance statutes for those lines of business for which it qualifies.

A PCC is a single legal entity that operates segregated accounts, or cells, each of which is legally protected from the liabilities of the company's other accounts. An individual client's account is ...

statutory reserve

Insurance; Life insurance

A reserve, either specific or general, required by law.

qualified high-deductible health plan

Insurance; Life insurance

A health plan with lower premiums that covers health-care expenses only after the insured has paid each year a large amount out of pocket or from another source. To qualify as a health plan coupled ...