Understand nonconfining sickness in health insurance, an illness that does not force the insured to remain indoors. Learn its definition and implications.
Explore the benefits and details of a noncontributory retirement plan, where the employer pays the full premium amount, ensuring a secure retirement for employees.
Learn about nonforfeitable benefits in pension plans, which are safeguarded entitlements that cannot be lost by the insured regardless of changes in employment status.
Understand what constitutes a noninsurable risk within general insurance terms. Discover why certain risks cannot be insured due to high probability of loss or inability to measure actuarially.
Learn about Noninsurance, a term referring to the complete lack of financial preparation for potential losses. Understand its implications in risk management and financial planning.
Understand the concept of Nonparticipating Provider Indemnity Benefits in Health Insurance, where coverage is provided for services by nonparticipating medical providers.
Discover the essentials of Nonqualified Plans in pensions. Learn how these employee benefit plans operate, their benefits, and unique features, including IRS filing exemptions and discrimination allowances.
Learn about the important aspect of 'Notice of Loss' in general insurance terms, how and when to notify your insurer about a loss.
Discover the concept of Natural Premium in life insurance, which represents the mortality cost for one year. Learn how it impacts your insurance policy.
Dive into the concept of Net Level Premium in life insurance, which represents the pure cost of the policy spread over its term. Learn how it is calculated and its significance.
Learn about net retention in general insurance— the portion of risk that a ceding company retains and does not reinsure to another party.
Discover what nonprofit insurers are in the health insurance domain. Learn how they provide medical expense reimbursement coverage and their regulatory framework.
Learn about nurse fees in health insurance policies, a clause that allows reimbursement for amounts paid to independent nurses. Discover how this impacts your healthcare costs.
Learn about the National Safety Council, a nonprofit organization established in 1913 to distribute safety education materials. Understand its role and significance in promoting safety education.
Learn about the net increase in life insurance, a crucial metric for determining the amount of new policies and renewals minus lapses or cancellations. Understand how insurers use this calculation to gauge business growth.
Learn about Net Quick Assets, often referred to as working capital, and understand their importance in the surety bonding process for contractors. Discover how the calculation is made and why it's crucial for bond approval.
Learn about the New York Standard Fire Policy, a foundational property insurance contract that covered fire and lightning losses and served as a precursor to modern insurance forms.
Learn about newly acquired autos in vehicle insurance, coverage details, and notification requirements. 30-day rule for informing insurers about new vehicle purchases.
Explore what a Newspaper Policy in health insurance entails. Learn how these limited policies, often sold through newspaper advertisements, aim to boost circulation while offering basic health coverage.
Learn about non-occupational policies in health insurance, which exclude coverage for work-related injuries but are supplemented by workers' compensation.
Learn about nonconcurrency in property insurance, a situation where multiple policies covering the same property do not provide the same amount of coverage. Understand the risks and implications of being underinsured.
Learn about nonduplication of benefits in health insurance, also known as coordination of benefits, where benefits do not cover losses already being covered by another party.
Understand what a Nonparticipating Policy in general insurance means. Learn why these policies do not pay dividends to the policyholder and how they differ from participating policies.
Learn about nonparticipating providers in health insurance, including what it means for a provider to not participate in Medicare or health plans.
