Portfolio Return


Definition of "Portfolio return"

Process whereby a ceding company resumes the insuring of a portfolio of insurance policies which it had previously CEDED to a REINSURER.

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Popular Real Estate Terms

No-lapse Variable Universal Life Insurance

Policy of variable universal life insurance (VUL) under which, if the accumulation of the premiums paid at any point in time (minus policy loans, and ...

Leveraged Split Dollar Life Insurance

Modified collateral split dollar life insurance plan under which the employee purchases and owns a life insurance policy on the employee's own life. T ...

Settlement Options, Property And Casualty Insurance

Methods for payment of the value of a policy. An insurance company can select one of three options in settlement of a loss: make a cash payment; take ...

Vanishing Premium Provision

Clause in a life insurance policy that states that once the cash value exceeds the net single premium (based on current interest and mortality rates) ...

Nonmedical Life Insurance

Coverage in which an applicant lot required to take a medical examination, instead answers written questions to ascertain his current physical conditi ...

Policy

Written agreement that puts insurance coverage into effect. ...

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