Unauthorized Insurance | Insurance Glossary

Definition of "Unauthorized insurance"

Insurance policy sold by nonadmitted insurer.

Act that prohibits insurance companies, group health plans, and health maintenance organizations fro ...

1% of the loan amount paid to the lender for making a loan. ...

Same as term Master policy: single contract coverage on a group basis issued to an employer. Group m ...

Rate of return of capital invested in building improvements. Is segregated from land investments and ...

A person has the option of canceling a contract previously agreed to. ...

A mortgage on which half the monthly payment is paid twice a month. It should be called a 'semi-mont ...

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

A principle of insurance which provides that when a loss occurs, the insured should be restored to t ...

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

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

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

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