Section K Plan


Definition of "Section 408 (k) plan"

Section of the Internal Revenue Code that provides for SIMPLIFIED EMPLOYEE PENSIONS (SEP).

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Written Business

Insurance for which (1) an application has been filed but the first premium has not yet been paid or (2) a life insurance policy that has not yet been ...

Occupational Safety And Health Act (osha)

1970 legislation that set federal standards for workplace safety and imposed fines for failure to meet them. A controversial law, it took much of the ...

Underwriting Factors: Life Insurance

Factors on the application that must be evaluated in order to complete the underwriting process: age; sex; physical condition; personal health his ...

Liability

Legal obligation to perform or not perform specified act (s). In insurance the concern is with the circumstance in which one party's property is dama ...

General Property Form

Attachment to a property business insurance policy providing coverage for a business structure and any additions and/or extensions; merchandise and ot ...

Surety Association Of America (saa)

Association whose membership is composed of surety bonding companies. The association's primary purpose is to act as a rating bureau for member compan ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

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