Learn about mental/emotional distress in general insurance, a psychological condition that is typically covered when resulting from an accident.
Dive into the concept of minimum rate in property insurance, a rate assigned to low-peril risks, ensuring cost-effectiveness and adequate coverage for less risky properties.
Explore the definition and criteria of mobile equipment in liability insurance, including qualifications for land vehicles not registered as motor vehicles and primarily used off public roads.
Learn about Modified Adjusted Gross Income (Pensions) which combines an employee's adjusted gross income with tax-exempt interest for a tax year, playing a crucial role in pension planning.
Learn about morale hazard, a concept in general insurance describing the risk arising from an insured's attitude towards their belongings. Explore how it affects insurance policies.
Explore the concept of mortality savings in life insurance, which is determined by subtracting actual mortality experienced from expected mortality. Learn how it impacts insurance policies and premiums.
Learn about the mortality table in life insurance, which displays the frequency of death at particular ages, along with deaths by age group and based on a population of a million.
Learn about the role of a Mortgagee in Property Insurance, including key responsibilities and how they impact the loan process.
Learn about Multiple Employer Trusts (METs) where small employers within the same industry pool together to purchase group insurance at reduced costs or establish self-funded plans.
Explore the Multiple Location Rating Plan in property insurance, a strategic plan for commercial clients operating from multiple locations. Learn how it offers credits and reduces hazard through asset distribution.
Learn what the Medical Information Bureau is and how it impacts health and life insurance. Discover how insurers use this bureau to access coded health condition information on individuals.
Learn about malpractice insurance (liability insurance) that protects medical practitioners from claims of malpractice, covering damages and legal defense.
Understand the role and definition of a Manager in general insurance terms, including their responsibilities, salary structure, and impact on business volume within an insurance agency's branch office.
Learn about the role of a Map Clerk in property insurance, including their responsibilities in tracking insurer exposure and entering data on maps.
Explore the concept of Marital Deduction in estate planning, allowing unlimited property transfer to a spouse. Key details and implications explained.
Explore the concept of market risk in general insurance, focusing on the potential losses associated with investments and understanding that no investment is guaranteed.
Learn about mature policies in liability insurance, which refer to claims made policies that have been active for at least five years without lapses. Explore the impacts on rating credits and policy benefits.
Learn about the role of a medical examiner in health and life insurance. Discover how they conduct examinations for prospective insured individuals.
Learn about medical expense reimbursement plans and how they provide reimbursement for specified health care-related expenses for employees.
Discover what medically necessary procedures or treatments mean in health insurance, emphasizing their critical role in patient care and the consequences of neglect.
Learn about mercantile risk in property insurance, focusing on the unique risks faced by retail or wholesale businesses as opposed to manufacturing or service industries.
Learn about Merit Rating, a rating plan commonly used in personal automobile insurance where the premium amount is determined by the insured's loss record.
Learn about the Million Dollar Round Table (MDRT), an exclusive association for life insurance agents who qualify through exceptional sales and membership in the National Association of Life Underwriters.
Explore the concept of Minimum Deposit Policy in life insurance. Learn about first-year loan values, policy benefits, and why it is not commonly implemented.
