Home > Industry/Domain > Insurance > Life insurance

Life insurance

Contributors in Life insurance

Life insurance

Whole life insurance

Insurance; Life insurance

Life insurance which might be kept in force for a person's whole life and which pays a benefit upon the person's death, whenever that might be.

Yield on invested assets

Insurance; Life insurance

Annual net investment income after expenses, divided by the mean of cash and net invested assets. This ratio measures the average return on a company's invested assets. This ratio is before capital ...

Activities of daily living

Insurance; Life insurance

Bathing, preparing and eating meals, moving from room to room, getting into and out of beds or chairs, dressing, using a toilet.

Actual cash value

Insurance; Life insurance

Cost of replacing damaged or destroyed property with comparable new property, minus depreciation and obsolescence. For example, a 10-year-old sofa will not be replaced at current full value because ...

Health reimbursement arrangement

Insurance; Life insurance

Owners of high-deductible health plans who are not qualified for a health savings account can use an HRA.

Health savings account

Insurance; Life insurance

Plan that allows you to contribute pre-tax money to be used for qualified medical expenses. HSAs, which are portable, must be linked to a high-deductible health insurance policy.

Hurricane deductible

Insurance; Life insurance

Amount you must pay out-of-pocket before hurricane insurance will kick in. Many insurers in hurricane-prone states are selling homeowners insurance policies with percentage deductibles for storm ...

Featured blossaries

The art economy

Category: Arts   1 7 Terms

Programming Languages

Category: Languages   2 17 Terms