Life insurance

Life insurance

Industry: Insurance

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Contributors in Life insurance

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Life insurance

Member month

Insurance; Life insurance

Total number of health plan participants who are members for each month.

The adjustment of net premiums written for the increase or decrease of the company's liability for unearned premiums during the year. When an insurance company's business increases from year to year, ...

Preferred provider organisation

Insurance; Life insurance

Network of medical providers who charge on a fee-for-service basis, but are paid on a negotiated, discounted fee schedule.

Net liabilities to policyholder surplus

Insurance; Life insurance

Net liabilities expressed as a ratio to policyholder surplus. Net liabilities equal total liabilities less conditional reserves, plus encumbrances on real estate, less the smaller of receivables from ...

Net premium

Insurance; Life insurance

The amount of premium minus the agent's commission. Also, the premium necessary to cover only anticipated losses, before loading to cover other expenses.

Preferred auto

Insurance; Life insurance

Auto coverage for drivers who have never had an accident and operates vehicles according to law. Drivers are not a risk for any insurance company that writes auto insurance, and no insurance company ...