Nonresident Agent

Method of using reinsurance to counteract the unexpected impact of business on the policyholder surplus. ...

Package coverage for a dwelling and its contents, barns, stables, and other land structures as well as liability coverage. By means of a number of special forms that follow the format of ...

Exemption in ocean marine policy for losses caused by strikes, riots, and civil commotion. ...

Financial instrument traded on the Chicago Board of Trade (CBOT). By purchasing this future, the insurance company can hedge its risk exposure against possible future catastrophic losses. ...

Amount that each member of a pool contributes to that pool. ...

Endowment period of time, in life insurance, at which the face amount of the policy is payable to the insured. ...

Insurance in force previous to the present insurance policy. ...

Compensation in which an insurance agent's fee for the sale of a policy is the same year after year. Most life insurance companies pay a high first year commission and lower commissions in ...

Line of insurance, which included coverages that are designed to protect the insured against a loss of income resulting from or sickness. ...

Commercial insurance is designed to help protect many of the risks your business can face, including: - Damage or destruction to your business vehicles. - Certain liability ...

First of all, you need to understand the different types of life insurance and what each type of life insurance covers. Life insurance is very important and purchasing one is in both yours ...

An HMO provides comprehensive health services to its members for a prepaid fixed fee, equivalent to an insurance premium. A PPO differs from an HMO in that the PPO has no separate physical ...

A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better no worse. ...

There comes a time when every zealous homeowner asks himself – usually at a very inconvenient hour, like 3 am: Do I need Flood Insurance? The answer is: probably. Here’s why: ...

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 proper insurance protection. Consider the ...

Depending upon the coverage being applied. Review the policy provision with your agent for additional information. ...