Uniform Individual Accident And Sickness Policy Provisions Act


Definition of "Uniform individual accident and sickness policy provisions act"

Regulations of the national association of insurance commissioners (naic) that dictate provisions that all individual health insurance policies must contain. All states now require these provisions, which include the circumstances under which changes can be made to the policy; how the beneficiary can be changed; submission of proof of loss; reinstatement of the policy; and grace period.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Port Risk Insurance

Coverage for ships in port for a lengthy stay and/or those that are under repair. Insures on an all ...

Commitment

(1) An arrangement to buy real estate at a specified price and conditions. The failure to honor the ...

Present Value Tables

Tables used to determine the present value of a sum in the future by taking into consideration the a ...

Claimant

One who submits a claim for an incurred loss. ...

Vendee's Lien

Legal right of the buyer of real estate for the acquisition price paid if the seller does not render ...

Multiple Line Insurance Company

Insurance company that underwrites and sells more than one line of insurance. ...

Related Real Estate FAQ

What Is A Closing?

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income ...

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

10 Tips for Homebuyers Short Sale Homes How To Sell Your Home 7 Things to Consider Before Moving to a New City What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes?

FAQ

What is a buyer’s agent? What do I need to know about RV Insurance? What is a Multiple Listing Service (MLS)? What is a seller disclosure? When Should I Get Travel Insurance?