Definition of "Death"

Bill  Somers real estate agent

Written by

Bill Somerselite badge icon

Real Broker LLC

Termination of life. A death certificate is required by a life insurance company for a beneficiary to receive the death payment.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Termination of coverage in insurance. ...

Certain fixed payment made in addition to the regularly scheduled premium. ...

Membership organization of property and liability insurance companies. The association promotes the economic, legislative, and public standing of its members through its attention to ...

Group that advises on employee benefit plans as to amount of benefits to be paid, how benefits are to be financed, and how employees are to qualify for benefits (vesting requirements). An ...

Method of underwriting insurance in which the insurance company utilizes regular mortality tables without additions for abnormalities. ...

Estate planning device used so that any life insurance policies that are owned by and paid to the trust will avoid estate tax upon the death of the insured, and, upon the death of the ...

Insurance company's investment in mortgages that have defaulted (mortgages in default) divided by its adjusted surplus account. The smaller this ratio, the more financially sound the ...

Automatic adjustment applied to Social Security retirement payments when the consumer price index increases at a rate of at least 3%, the first quarter of one year to the first quarter of ...

Model state law of the NAIC that requires that applicant be furnished a Buyer's Guide to Annuities and a contract summary. The Buyer's Guide must contain information concerning: the various ...

Popular Insurance Questions