Morbidity Assumption | Insurance Glossary

Definition of "Morbidity assumption"

Statistical projection of future illness, sickness, and disease.

Proportion of a premium allocated to pay losses, which is equivalent to (1.00 - expense ratio). ...

Geographic location of land based on its economic significance. Property values are directly impacte ...

Coverage for a bank in the event of loss due to dishonest acts of its employees or individuals exter ...

Substance or material used at the top of a chimney at the roof to inhibit the development of moistur ...

Markets for long-term bonds and equity securities of real estate companies. ...

Part of the premiums and interest that have not been returned to the annuitant before his death. ...

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

A default is when a person fails to make payments on a loan. ...

A title search is the process of reviewing court records and other records to ensure that there are ...

An easement is the right given by the landowner to use the property. ...

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

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