Life insurance

Life insurance

Contributors in Life insurance

Life insurance

Insurance designed to protect business owners and operators from a wide variety of liability exposures. Exposures could include liability arising from accidents resulting from the insured's premises ...

Grace period

Insurance; Life insurance

The length of time (usually 31 days) after a premium is due and unpaid during which policy, including all riders, remains in force. If a premium is paid during grace period, the premium is ...

Gross leverage

Insurance; Life insurance

The sum of net leverage and ceded reinsurance leverage. This ratio measures a company's gross exposure to pricing errors in its current book of business, to errors of estimating its liabilities, and ...

Investment income

Insurance; Life insurance

The return received by insurers from their investment portfolios including interest, dividends and realised capital gains on stocks. It doesn't include the value of any stocks or bonds that the ...

Investments in affiliates

Insurance; Life insurance

Bonds, stocks, collateral loans, short-term investments in affiliated and real estate properties occupied by the company.

Insurable interest

Insurance; Life insurance

Interest in property such that loss or destruction of the property could cause a financial loss.

Insurance adjuster

Insurance; Life insurance

A representative of the insurer who seeks to determine the extent of the insurer's liability for loss when a claim is submitted. Independent insurance adjusters are hired by insurance companies on an ...