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Life insurance

Contributors in Life insurance

Life insurance

Insurance attorneys

Insurance; Life insurance

An attorney who practises the law as it relates to insurance matters. Attorneys might be solo practitioners or work as part of a law firm. Insurance companies who retain attorneys to defend them ...

Interest-crediting methods

Insurance; Life insurance

There are at least 35 interest-crediting methods that insurers use. They usually involve some combination of point-to-point, annual reset, yield spread, averaging, or high water mark.

Hazard

Insurance; Life insurance

A circumstance that increases the likelihood or probable severity of a loss. For example, the storing of explosives in a home basement is a hazard that increases the probability of an explosion.

Hazardous activity

Insurance; Life insurance

Bungee jumping, scuba diving, horse riding and other activities not generally covered by standard insurance policies. For insurers that do provide cover for such activities, it is unlikely they will ...

Health maintenance organisation (HMO)

Insurance; Life insurance

Prepaid group health insurance plan that entitles members to services of participating physicians, hospitals and clinics. Emphasis is on preventative medicine, and members must use contracted ...

Mortality and expense risk fees

Insurance; Life insurance

A charge that covers such annuity contract guarantees as death benefits.

Mortgage insurance policy

Insurance; Life insurance

In life and health insurance, a policy covering a mortgagor with benefits intended to pay off the balance due on a mortgage upon the insured's death, or to meet the payments due on a mortgage in case ...

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