Life insurance

Life insurance

Contributors in Life insurance

Life insurance

Life insurance companies factor in health and lifestyle information to determine the risk insuring you would present to them. In order to determine premiums based on different degrees of risk, the ...

business insurance

Insurance; Life insurance

Life insurance coverage concerned primarily with the protection of an insured’s business or vocation. Business insurance protects a business against the loss of its valuable lives or key executives; ...

non-medical insurance

Insurance; Life insurance

Life insurance issued without requiring the applicant to submit to a regular medical examination. In passing on the risk, the insurance company relies on the applicant’s own answers to questions ...

examiner

Insurance; Life insurance

Medical personnel authorized by the medical director of a company to make medical examinations.

suicide clause

Insurance; Life insurance

Most policies provide that if the insured commits suicide withijn a specified period, usually two years after the date of issue, the company’s liability will be limited to a return of premiums ...

mortality factor

Insurance; Life insurance

One of the basic factors needed to calculate basic premium rates. It utilizes mortality tables in attempting to determine the average number of deaths that will occur each year.

mortgage insurance

Insurance; Life insurance

One of the basic uses for life insurance, so called because many family breadwinners leave insurance for the specific purposed of paying off any mortgage balance outstanding at the time of their ...