Fully Insured Status


Definition of "Fully insured status"

Provision in Social Security: to receive retirement monthly income, a participant must have earned income on which Social Security taxes were paid for at least 10 years or 40 quarters.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Hospital Liability Insurance

Form of insurance covering liability arising out of the provision or nonprovision of hospital servic ...

Graded Lease

Same as term graduated lease: A rental stipulation a varying rental rate. Rental rate are determined ...

Commission

Fee paid to an insurance salesperson as a percentage of the premium generated by a sold insurance po ...

Safety Margin

Adjustment made to the statistics in a mortality table to provide an increase in the mortality rates ...

Cotenancy

When two or more individuals simultaneously have rights in a property unit (e.g., apartment),. The i ...

Nonownership Aircraft Liability Insurance

Coverage in a separate policy or as an endorsement to the commercial general liability (CGL) form, f ...

Related Real Estate FAQ

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

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 Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

How Much Income Do I Need ?

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

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

6 Reasons you are not selling properties What is Earnest Money Why Right Now is a Good Time for Millennials to Buy a Home Rent or Buy - the pros and cons What Must I Disclose When Selling My Home?

FAQ

I dont know the zip code of my areas. How do I find an agent that is right for me in my area. What is a APR Loan? What do I need to know about Homeowners Insurance? What do I need to know about Universal Life Insurance? What is an assumable mortgage?