What Type Of Life Insurance Is Right For Me?
A life insurance policy can help enable your family to remain financially if you or your spouse should die. Insurance company understands that life is constantly changing, so we have developed a variety of life insurance policies to meet your changing needs. And, because many families depend on two incomes just to make ends meet various companies, offer that can insure more than one person . protecting the total family income.
Popular Insurance Glossary Terms
Reinsurance broker for a primary company (the re-insured). This broker is paid commissions by the reinsurance company, just as an agent is paid commissions by an insurance company for ...
Section of a life insurance policy setting the procedure for revoking a current beneficiary and designating a successor beneficiary. Insurers require written notice of a beneficiary change, ...
Provides the same coverage as a comprehensive personal liability insurance policy, plus coverage to exposures that are peculiar to farms, such as farm business operations, farm employees ...
Endorsement attached to an insurance policy that eliminates coverage for certain specified perils. ...
Fee paid to an insurance salesperson as a percentage of the premium generated by a sold insurance policy. ...
Total of interest, dividends, and other earnings derived from the insurance company's invested assets minus the expenses associated with these investments. Excluded from this income are ...
Section describing coverages under a policy. Elsewhere in the policy other sections may restrict or exclude coverages. ...
Written contract between an insured and an insurance company stating the obligations and responsibilities of each party. ...
Annuity that guarantees that a specific sum of money will be paid in the future, usually as monthly income, to an annuitant. For example, a $1000-a-month income benefit will be paid as long ...
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