Limited Policy


Definition of "Limited policy"

Type of health insurance providing benefits for only a particular peril, such as cancer.

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Popular Real Estate Terms

Policy Loan

Amount that the owner of a life insurance policy can borrow at interest from the insurer, up to the cash surrender value. If interest is not paid when ...

Rent Insurance

Endorsement to an existing policy or a separate policy covering loss of rental income to the property owner, caused by the damage or destruction of a ...

Tort, Defense Against Unintentional

Excuses raised by a defendant in a negligent suit (unintentional tort). There are three basic defenses to unintentional torts or negligence. ASSUMPTIO ...

Purchasing Power Risk

Investment risk associated with the relationship between the yield (interest, dividends, and capital) of financial instruments and the rate of inflati ...

Unisex Legislation

Regulations affecting the right of insurance companies to use sex as one of the factors in the actuarial determination of premium rates. The precedent ...

Annuity Unit

Share of a variable dollar annuity paid to an annuitant as an income payment. ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

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You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

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You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

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Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

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