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Popular Real Estate Questions

Popular Real Estate Glossary Terms

States that allow the placement of surplus lines only with insurance companies that the states have approved. ...

Same as term Assignment Clause: feature in a life insurance policy allowing a policyowner to freely assign (give, sell) a policy to another or institution. For example, in order to secure a ...

Actual amount of total losses paid by an insurance company during a specified time interval. ...

Insurance salesperson who is licensed to place coverage with an insurance company that is not licensed to do business in the state of domicile of the broker. The excess line coverage must ...

Fund that insures mortgages on homes for one to four families; also insures property improvement loans and loans to repair homes after a disaster. It is one of three funds operated by the ...