In property insurance, percentages of basic coverages which may be applied to provide coverage for other real and personal property. For example, unde ...
Policies that have their future cash values closely correlated with a high lapse ratio of the insurance company's book of business. In theory, gains r ...
Provision in a life insurance policy that death benefits will not be paid in the event an insured dies from war-related causes; or in lieu of a death ...
Same as term Explosion, Collapse, and Underground Exclusion: inherent danger resulting from certain construction procedures that are excluded from gen ...
Form of stock ownership that permits the stockholder to select a beneficiary to receive the stock upon the death of the stockholder. The stockholder r ...
A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small f ...
Have a question or comment? We're here to help.