Reimburse Benefits | Insurance Glossary

Definition of "Reimburse benefits"

Suzanne Roell-Carson

Smart Choice Realtors

Payment by the insurance company to the insured for the actual expenses incurred by the insured, such as medical expenses.

Terminating a contract prior to the time when actual performance is to occur. ...

Same as term Concurrency: in which at least two insurance policies provide identical coverage for th ...

Coverage that does not put a dollar value on a hull or cargo that is insured. A valued marine policy ...

Insured whose rights against a third party are transferred to an insurance company (the subrosee) ac ...

Means of borrowing at no charge by a policyowner under universal life insurance policies. ...

Individual or organization that is a potential purchaser of an insurance product. ...

A title search is the process of reviewing court records and other records to ensure that there are ...

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

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