Blended/integrated Insurance Program
Definition of "Blended/integrated insurance program"
Insurance programs that combine finite risk insurance, reinsurance, and traditional insurance as an alternative to self insurance. These programs are long-term in duration. The objective is to incorporate the advantages of a finite risk insurance program with the advantages of transferring the risk through traditional insurance.
Popular Insurance Terms
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Demographic designation used in life insurance to calculate premium rates for life and health insurance and annuity contracts. Since females have a longer life expectancy than males of the ...
Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...
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