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Life insurance

Contributors in Life insurance

Life insurance

Benefit period

Insurance; Life insurance

In health insurance, the number of days for which benefits are paid to the named insured and his or her dependents. For example, the number of days that benefits are calculated for a calendar year ...

Best's capital adequacy relativity (BCAR)

Insurance; Life insurance

This percentage measures a company's relative capital strength compared to its industry peer composite. A company's BCAR, which is an important component in determining the appropriateness of its ...

Broker

Insurance; Life insurance

Insurance salesperson that searches for clients in the marketplace of internet, not insurance companies.

Broker-agent

Insurance; Life insurance

Independent insurance salesperson who represents particular insurers but also might function as a broker by searching the entire insurance market to place an applicant's coverage to maximise ...

Business net retention

Insurance; Life insurance

This item represents the percentage of a company's gross writings that are retained for its own account. Gross writings are the sum of direct writings and assumed writings. This measure excludes ...

Capital

Insurance; Life insurance

Equity of shareholders of a stock insurance company. The company's capital and surplus are measured by the difference between its assets minus its liabilities. This value protects the interests of ...

Capitalization or leverage

Insurance; Life insurance

Measures the exposure of a company's surplus to various operating and financial practices. A highly leveraged, or poorly capitalized, company can show a high return on surplus, but might be exposed ...

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