# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Learn about the Return of Cash Value provision in life insurance policies, which pays the face amount plus the cash value if the insured dies within a specified period.
Explore the Return of Premium clause in health insurance. Learn how it can benefit policyholders by returning the premiums paid, minus claims, under specific conditions.
A comprehensive guide to reversionary annuities, a unique life insurance contract that pays annuity benefits under specific conditions. Learn how it works, its advantages, and its application in life insurance.
Learn about riders in general insurance terms—a document attached to a policy that changes coverage parameters, either by increasing or decreasing benefits, or excluding certain conditions from coverage.
Learn about the runoff provision in reinsurance contracts, which ensures that reinsurers remain liable for losses under policies in force until expiration, even after contract termination.
Learn about the role and function of Salvage Corps in property insurance, aimed at minimizing property damage during and after a fire incident.
Learn about Section 125 plans in health insurance, a flexible benefit plan that allows pre-tax employee contributions. Discover how these plans can optimize your health benefits.
Explore what service benefits in health insurance mean, how they differ from traditional insurance plans, and the advantages they offer based on days of coverage.
Learn all about the short rate premium, its definition, and its implications in general insurance for policies issued for shorter terms than usual.
Learn about Short Term Disability Insurance, a type of policy that covers disabilities lasting from 13 to 26 weeks. Understand its benefits, coverage details, and how it fits within Health Insurance.
Explore the concept of Small Group Pooling in health insurance, where small businesses combine into one pool to achieve more accurate rates and improved coverage options.
Learn about Social Security Tax in Health Insurance, including how it functions, who pays it, and its role in funding social security programs.
Explore the concept of solvency in the insurance industry, which measures an insurer's ability to cover liabilities and meet financial requirements.
Explore the impact of a sonic boom on property damage and understand the coverage provided by homeowners and commercial property insurance for losses caused by shock waves from supersonic travel.
Learn about the concept of standard risk in life insurance, which refers to an average risk level based on typical rates. Understand its impact on premiums and policy considerations.
Discover how the statewide average weekly wage impacts workers compensation. Learn why it is updated regularly and how it helps to determine benefit amounts.
Learn about subrogation, a legal principle allowing an insurer to assume the rights of the insured to collect from a third party. Discover its applications and exceptions in insurance.
Learn about subrogation release in general insurance - a mechanism where the insurer gains the insured's rights to collect from an entity responsible for the loss. Understand its implications and how it operates.
Learn about swap maternity in health insurance. Understand how pregnancy coverage works under a group health plan and what happens if the plan terminates.
Learn about Temporary Total Disability (TTD), a condition where an employee is expected to fully recover from a disability but cannot work during the recovery period. Explore its implications in Health Insurance and Workers Compensation.
Explore the legal definition and implications of tenancies for years in real estate. Learn about the duration, ownership rights, and key considerations.
Learn about Term Insurance, a life insurance policy valid for a set term, often until the insured reaches a certain age like 65 or 70. Discover its unique characteristics compared to whole life policies.
Explore the Average Earnings Clause in Life Insurance, outlining how disability payments can be adjusted based on beneficiary income. Vital information for the first two years post-disability payments.
Explore the Benefit Allocation Method in pension funding, a technique where a single premium payment annually secures individual benefits for each year of service, commonly through annuities.
