Definition of "Unisex legislation"

Nina  Malatesta, Associate Broker real estate agent

Written by

Nina Malatesta, Associate Brokerelite badge icon

NextHome Endeavor

Regulations affecting the right of insurance companies to use sex as one of the factors in the actuarial determination of premium rates. The precedent case for such legislation is Arizona Governing Committee v. Norris in which the decision was that a municipal retirement plan could not provide retirement benefits based on sex.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Exchange of a new policy for one already in force. ...

Additional coverage designed to provide protection against economic losses incurred by insured wage earners when their income is interrupted or terminated because of illness, sickness, or ...

Provision in ocean marine cargo policies to limit an insurance company's liability for partial losses; the company has liability only for losses that exceed a stipulated percentage of the ...

Wondering what is Title Insurance? Let’s see if our title insurance definition helps you understand it 100%: It is a policy required of home buyers by lenders, to protect against ...

Act first passed in 1962 that permits the self-employed individual to establish his or her own retirement plan. This individual can make nondeductible voluntary contributions and ...

Relationship of policyowner dividends to earned premiums. ...

Professional designation awarded by the American College. In addition to professional business experience in financial planning, recipients are required to pass national examinations in ...

Actual morbidity experience of an insured group as compared to the expected morbidity for that group. ...

Diagram of cause and effect relationships, showing the possible outcomes if a particular course of action is taken or continued. This method of analysis, which is founded in the testing of ...

Popular Insurance Questions