Funeral Insurance | Insurance Glossary

Definition of "Funeral insurance"

Modest life insurance coverage to pay burial expenses upon the death of an insured.

Coverage for acts or omissions committed by an agent or broker resulting in adequate insurance in th ...

Early American architectural housing style stressing a gambrel roof and overhanging eaves. ...

Method of establishing rates in which the current year's premium is calculated to reflect the actual ...

Present worth of the property which is different than the price paid for it or its book value (cost ...

method of land description that identifies a parcel by specifying its shape and boundaries. ...

Alleged torts or breaches of contract, but not crimes. Action is brought by one individual against a ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

A real estate agent is more than just a \"sales person.\" They act on your behalf as your agent, pr ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

A down payment is the money you pay up front for the purchase of a home. ...

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