Benefit


Definition of "Benefit"

Dan Lang real estate agent
Dan Lang Fathom Realty SC LLC

Monetary sum paid or payable to a recipient for which the insurance company has received the premiums.

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

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Credit, Pension Plan

Value of benefit or contribution allocated to an employee under a pension plan; method of determining benefits due a retired employee. Each private pe ...

Fixed Benefits

Payment to a beneficiary that does not vary; for example, a fixed monthly retirement income benefit of $800 paid to a retired employee. ...

Lifetime Disability Benefit

Provision in some disability income policies that provides a monthly income benefit to a disabled insured for as long as he or she remains disabled ac ...

Qualification

The process of determining whether a prospective borrower has the ability to repay a loan. Qualification Versus Approval: To be approved for a loan, ...

Noncontributory

Employee benefit insurance plan under which an employer pays the entire direct cost of the plan; employees do not share in the cost, except perhaps th ...

Assumable Mortgage

A mortgage contract that allows, or does not prohibit, a buyer from assuming the mortgage contract of the seller. When a home buyer assumes responsibi ...

Popular Real Estate FAQ

What Are The Benefits Of Business Owners Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including: damage or destruction to your business vehic ...

What Do I Need To Know About Universal Life Insurance?

Universal life insurance provides death benefits and income taxe-deferred savings to help you meet your financial goals while you are living. It has m ...

What Is The Tax Benefits Of Buying A Home?

RealEstateAgent.com calculator estimates the tax benefit of buying a home. Input your loan parameters and the month you purchased the home. Since home ...

What Are The Benefits Of Commercial Auto Insurance?

Liability Coverage: In case you're sued as a result of an auto accident. Collision Coverage: Helps cover physical damage to your vehicle due to coll ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case injuries occur to other people resulting from your ...

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 ...

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

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Building a Real Estate Team Property tax in the US: a homebuyer guide Buying a House with Cash vs. Mortgage Short-term Lease Pros and Cons Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House

FAQ

If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What do I need to know about Indemnity Insurance? What happens when you prequalify? What is a front-end ratio? What is a qualifying ratio?