What Is Disability Insurance?
Definition of "What is Disability Insurance?"
Line of insurance, which included coverages that are designed to protect the insured against a loss of income resulting from or sickness.
Popular Insurance Questions
Popular Insurance Glossary Terms
Same as term Mortality Table: chart showing rate of death at each age in terms of number of deaths per thousand. ...
Portion of company profits allocated by an employer, in good years, to an employee's trust. Contributions on behalf of each employee are expressed as a percentage of salary with 5% being ...
Accounting method of establishing data on an annual basis. ...
Coverage required by the laws of a particular state. For example, many states stipulate minimum amounts of automobile liability insurance that must be carried. ...
Organization that seeks to educate the public on the benefits of private health insurance coverage. Its membership consists of private companies that sell health insurance. The HIAA ...
Insurance company's total premium income plus investment income. ...
Very broad term for insurance covering liability exposures for individuals and business owners. It provides broad coverage, generally including all exposures for property damage and bodily ...
Insurer in a group of companies that act as subsidiaries. ...
Process of calculating a premium so that it is adequate-sufficient to pay losses according to expected frequency and severity, thereby safeguarding against the insurance company becoming ...
Have a question or comment?
We're here to help.