Applicant


Definition of "Applicant"

Pat Lins real estate agent
Pat Lins Coldwell Banker Residential Real Estate - St Petersburg NE

Prospective insured who completes and signs a written form containing personal statements about himself/herself.

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Popular Real Estate Terms

Unique Impairment

Physical, moral, or financial circumstance of a life insurance applicant that sets him or her apart from a physically, morally, and financially sound ...

Adverse Selection

Process in life insurance by which an applicant who is uninsurable, or is a greater than average risk, seeks to obtain a policy from a company at a st ...

Qualified Impairment Insurance

Waiver of an impairment of an applicant for health insurance by attaching an endorsement to the health insurance policy stating that the policy will p ...

App

Same as term Application: written statements on a form by a prospective insured about himself, including assets and other personal information. These ...

Medical Information Bureau (mib)

Central computerized facility that keeps on file the health history of the applicants for life and health insurance with member MIB companies. For exa ...

Misstatement Of Age

Falsification of birth date by an applicant for a life or health insurance policy. If the company discovers that the wrong age was given, the coverage ...

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