Old Line Legal Reserve Company
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.
Popular Insurance Terms
Sum that an insurance company charges a business firm to restore a property or liability insurance policy, or a bond, to its initial face value after the insurance company has paid a claim ...
Loss that is not a direct result of a peril. For example, damage to property of a business firm would be a direct loss, but the loss of business earnings because of a fire on its premises ...
Plan in which participant (employee) utilizes spending accounts to pay for health care costs not subject to reimbursement from a health insurance policy or health care provider. The ...
Funds receivable or payable that have not been paid in a timely manner, commercial credit insurance protects an insured against declines in the value of receivables due to insolvency of a ...
Additions of new entrants into an employee benefit insurance plan. ...
SCHEDULE provision of the new York insurance code and regulations under which the life insurance company must file with the Insurance Commissioner all expenses associated with selling new ...
Option under a participating life insurance policy by which the policy owner can elect to have the dividends purchase paid-up increments of permanent insurance. ...
Same as term adverse selection: process in life insurance by which an applicant who is uninsurable, or is a greater than average risk, seeks to obtain a policy from a company at a standard ...
Method by which each member of an insurance pool shares in each and every risk written by the other members of the pool. ...

Comments for Old Line Legal Reserve Company
Wondering if you handle the Union LIfe Insurance Company owners of life insurance?
Jun 06, 2018 23:19:20Hey Virginia!
Jun 08, 2018 10:23:36Unfortunately, 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!
Have a question or comment?
We're here to help.