Assessment Period


Definition of "Assessment period"

Time during which an assessment life insurance company has the right to assess policyholders if losses are worse than anticipated in the premium charged.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Contract Carrier

Transportation firm that carries only select customers' goods and is not obligated to carry any particular customer's goods even if that customer is w ...

Occupational Safety And Health Administration Standard On Blood-borne Pathogens

Standard designed to reduce occupational exposure to blood-borne pathogens (microorganisms in human blood that can cause diseases in humans, such as H ...

Yearly Probability Of Living

Figure in a mortality table derived by dividing the number of people alive at the end of a given year by the number of people alive at the beginning o ...

Paid-up Additions

Option under a participating life insurance policy by which the policy owner can elect to have the dividends purchase paid-up increments of permanent ...

Mutual Atomic Energy Reinsurance Pool

Group of mutual insurers that provides insurance for nuclear reactors that standard property and liability policies exclude. The federal government pr ...

Group Life Insurance

Basic employee benefit under which an employer buys a master policy and issues certificates to employees denoting participation in the plan. Group lif ...

Popular Real Estate FAQ

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Real Estate Open House - The Dos and Don Real Estate Agents Specialized in Homes for the Disabled: a Real Estate Niche 6 Reasons you are not selling properties What is Hazard Insurance? 3 tips to ensure your sale goes through

FAQ

What is a lease purchase mortgage? What is comprehensive homeowners insurance? What are paid advertorials? What is a mortgagor? What is a VA loan?