National Association Of Life Underwriters (nalu)
Definition of "National association of life underwriters (nalu)"
Organization of local life underwriter associations representing life and health insurance agents on practices of selling and servicing life and health insurance products. NALU sponsors public service programs nationally.
Popular Insurance Terms
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Amount that each member of a pool contributes to that pool. ...
Provision that holds a re-insurer liable for its share of losses even if the ceding company becomes insolvent before paying these losses. For example, XYZ Insurance Co. writes a fire policy ...
Endorsement attached to an insurance policy that eliminates coverage for certain specified perils. ...
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Rate of increase in asset value. ...
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Clause in the insurance policy that stipulates the exact time the policy coverage begins and terminates. ...
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