Learn about estate tax, a levy based on the value of a deceased's estate that is due to the federal government. Understand its implications for estate planning and asset distribution.
Explore the concept of expenses in general insurance terms, focusing on the cost, minus losses, of operating an insurance company.
Learn about the term 'Experience' in general insurance, which refers to the record of loss associated with an agent, insured, or another category, and can also represent the ratio of losses to premiums.
An overview of the expiration card used in general insurance for track policy renewals, ensuring policies are updated timely for continued coverage.
Learn about the term Exposure in general insurance, which refers to situations where a loss could occur, the likelihood of such a loss, and its impact based on the surrounding area.
Learn about the entire contract clause in health and life insurance, which includes all parts of the agreement such as the application, endorsements, and conditions.
Learn about the emergency accident benefit in health insurance. Explore how this group medical policy feature compensates policyholders seeking emergency medical attention for accidents.
Explore the concept of encumbrance in legal terminology, a claim to property that reduces the property owner's interest by its value, often in the form of a lien or mortgage.
Learn about the concept of the expectation of life in life insurance, which estimates the remaining years for a person of a certain age using a mortality table.
Learn about Endowment Insurance, a type of life insurance that promises a payout to the insured at the end of a specified period or to their beneficiary in the event of death during that period.
Learn about Evidence of Insurability in health and life insurance. Understand the importance of health facts required for underwriting, including medical physicals.
Learn about excess per risk reinsurance, a type of reinsurance that protects the ceding company against losses exceeding a specific retention amount for each individual occurrence.
