Pension Portability | Insurance Glossary

Definition of "Pension portability"

Employee's right to transfer pension benefit credits from a former employer to a current employer.

Policy owner rights under a life insurance policy, including the right to name a new beneficiary at ...

Government-supervised health care system with economic incentives for providers and consumers. ...

Life insurance company agency that sells ordinary life insurance and industrial life insurance. ...

Written document containing instructions on managing one's assets during one's lifetime. The documen ...

Need for an insurance policy to be paid up or to be paid for a minimum number of years before the in ...

Law that provided for federal crime insurance. Because private insurance is not available for busine ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

FSBO means for sale by owner. ...

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews