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Life insurance

Contributors in Life insurance

Life insurance

Unearned premiums

Insurance; Life insurance

That part of the premium applicable to the unexpired part of the policy period.

Uninsured motorist coverage

Insurance; Life insurance

Endorsement to a personal automobile policy that covers an insured collision with a driver who does not have liability insurance.

Universal life insurance

Insurance; Life insurance

A combination flexible premium, adjustable life insurance policy.

Usual, customary and reasonable fees

Insurance; Life insurance

An amount customarily charged for or covered for similar services and supplies which are medically necessary, recommended by a doctor or required for treatment.

Utilisation

Insurance; Life insurance

How much a covered group uses a particular health plan or program.

Valuation

Insurance; Life insurance

A calculation of the policy reserve in life insurance. Also, a mathematical analysis of the financial condition of a pension plan.

Total annual loan cost

Insurance; Life insurance

The projected annual average cost of a reverse mortgage including all itemised costs.

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