Learn about exposure units in the context of general insurance. Understand the definition, the significance of cash value, and the role of the premium base.
Learn about Extended Term Insurance in Life Insurance, a clause under many policies that allows for the continuation of existing insurance based on the contract's cash value.
Learn about Extension of Benefits in Health Insurance, a critical policy condition that offers extended coverage for non-working employees or hospitalized dependents.
Learn about the Face of a life insurance policy which is typically the first page detailing essential information and terms. Understand its components and significance.
Explore facultative reinsurance, a type of reinsurance where the reinsurer can accept or reject individual policies presented by the insurer. Learn how it works and its benefits.
Understand how a Farmers-Ranch Owner’s Policy offers tailored coverage for farm residences, barns, stables, and more, making it a superior option compared to standard homeowners insurance.
Learn about the Federal Crime Insurance Program administered by the U.S. government, helping individuals and businesses secure crime insurance when it is otherwise unavailable. Covering residential and commercial risks in various states.
Learn about the term 'Field' in general insurance. Discover how it categorizes insurance types like health insurance and refers to regions served by agents.
Discover how fire maps are utilized in property insurance to visualize covered risks and avoid catastrophic losses. Learn about the importance and utility of these maps for insurers.
Understand the flat maternity benefit in health insurance, a provision that covers all hospital costs associated with maternity care, regardless of the stay's cost.
Understand the concept of flat rate in reinsurance, its derivation from the premium income of the ceding insurer, and its implications in insurance and reinsurance transactions.
Learn about flexible premium policies in life insurance, which allow policyholders to modify the amount and scheduling of their premium payments for better financial management.
Learn about Flood Insurance, a crucial part of property insurance that compensates homeowners for losses and damages caused by flooding. Discover its benefits and how it protects your investments.
Learn about the following form in property insurance, a type of policy written in exactly the same terms as other property insurance policies covering a piece of property.
Learn about free standing emergency medical service centers, also known as urgent care centers, and their importance in providing emergency medical attention in the health insurance landscape.
Learn about Full Preliminary Term Reserve Valuation in Life Insurance, a policy stipulation where reserves are not mandatory in the first year and adjusted in following years.
Learn about funded pension plans, where sufficient funds are currently available to cover all future retirement benefit claims, ensuring financial security for retirees.
Discover the General Agency System in life insurance, where general agents play a pivotal role in selling policies. Learn how this system operates and its advantages.
Learn about graded death benefits in life insurance policies, commonly seen in children's policies. Discover how the benefit amount increases over time and what it means for policyholders and their families.
Learn about the grading schedule used by the National Board of Fire Underwriters to determine a city's fire rating. Understand the factors that influence these ratings in property insurance.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.