Old Line Legal Reserve Company

Definition of "Old line legal reserve company"

Deborah Randazzo real estate agent

Written by

Deborah Randazzoelite badge icon

RE/MAX Palm Realty

Commercial life insurers that operate on the legal reserve system as opposed to fraternal life insurance companies, many of which now operate on a legal reserve basis.

Comments for Old Line Legal Reserve Company

Virginia Clements Virginia Clements said:

Wondering if you handle the Union LIfe Insurance Company owners of life insurance?

Jun 06, 2018  23:19:20

 
Real Estate Agent

Hey Virginia!
Unfortunately, no. Although we do talk a lot about insurance, because it matters (a lot!) to real estate owners, we only connect homeowners to real estate agents, not insurance companies. But maybe try to find a local real estate agent on our real estate agents directory; they might have good insights to your problem and connect you with the right people. Good luck!

Jun 08, 2018  10:23:36
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Difference between the earned premiums and the losses and expenses of an insurance company. ...

Same as term Cargo Insurance: shipper's policies covering one cargo exposure or all cargo exposures by sea on all risks basis. Exclusions include war, nuclear disaster, wear and tear, ...

Endorsement to the commercial general liability insurance (CGL) policy that provides liability coverage to an insured business for damages anywhere in the world. Policies typically have ...

Payments due to an insurance company but not yet paid. ...

Individuals other than the crew of a ship who forcefully steal the ship and/or its cargo. This event is an insured peril under ocean marine insurance. ...

Coverage for dental services under a group or individual policy. ...

Reinsurance marketplace modeled after Lloyd's of London. Like Lloyd's, the New York Insurance Exchange is a market for hard-to-place risks and for the placement of excess or surplus lines. ...

Health characteristic considered by an insurer underwriting an applicant for life or health insurance. Many insurance companies charge reduced premiums for nonsmokers. ...

Arrangement whereby an insurance company agrees to pay specified health care service vendors a predetermined sum for providing such services to the covered individuals. ...

Popular Insurance Questions