Block Of Policies


Definition of "Block of policies"

James Vale
  Vortex Realty

Total number of insurance policies underwritten and issued by the insurance company that uses the same policy forms and rates.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Permanent Mortgage

Mortgage for an extended time period (e.g., 25 years) Type of real estate investment trust (REI ...

Allocated Funding Instrument

Insurance or annuity contract used in pension plans to purchase increments of retirement benefits th ...

Horizontal Property Laws

Body o law relating directly to condominiums and cooperative developments. Most property law provide ...

Sistership Exclusion

Part of the business risk exclusion in general liability insurance that denies coverage for subseque ...

Endowment

Funds of property bestowed upon a person or an institution. The income is used to serve a specific p ...

Uniform Reciprocal Licensing Act

Law by which many states attempt to regulate insurers who are unlicensed in those states. With a few ...

Related Real Estate FAQ

What Is A Ginnie Mae?

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

What Is A Lock In?

A lock in guarantees a certain interest rate for a certain period of time. ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

Do I Need Life Insurance?

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

What Is A Gift Letter?

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

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

Foreclosure - The Pros and Cons of Buying What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? How To Get A Loan with Bad Credit Build or Buy? That’s the Big Question Why Right Now is a Good Time for Millennials to Buy a Home

FAQ

How can I figure out my debt-to-income ratio? What is a spec house? What is hazard insurance? Besides making my monthly mortgage payment, how can I build equity into my house? What is a sales contract?