# 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 how the benefit formula in health insurance calculates the amount of benefits an insured person is entitled to under an employee benefit plan.
Learn about the co-pay provision in health insurance, which defines the portion of a claim paid by the insurer and the insured.
Learn about the cost of insurance in life insurance and how it is calculated. Understand the net cost valuation to make an informed decision about life insurance policies.
Explore what a deductible clause is in general insurance terms and how it affects your insurance policy. Learn everything about deductible amounts and clauses in insurance contracts.
Discover the Fair Access to Insurance Requirements (FAIR) Plan, a federal government initiative ensuring property owners can access insurance coverage, along with steps to obtain insurance through a FAIR plan.
Explore the significance of the incontestable clause in health and life insurance policies. Learn how this stipulation limits the insurer's time to dispute policy information, protecting policyholders from denied claims due to preexisting conditions or health misrepresentations.
Explore the Joint and Survivorship Option in life insurance policies. Discover how this annuity disbursal method benefits policyholders and their families.
Explore the Keogh Act Plan (HR-10), designed for self-employed individuals to set up retirement plans with tax benefits similar to corporate pensions. Learn about regulations and benefits.
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 the physical exam and autopsy clause commonly found in health insurance policies. Understand its implications and what it means for policyholders and their families.
Learn about the policy year, a 12-month period between the policy's anniversary dates in general insurance, crucial for coverage and claim considerations.
Learn about the policyholder in general insurance terms, including definitions and roles. A policyholder, also known as a policy owner or insured, is the person covered by an insurance policy.
Discover how the Prospective Payment System (PPS) operates in health insurance, particularly with Part A Medicare, and how reimbursement is determined based on patient condition at hospital admission.
Learn about the retainer clause in reinsurance and how it specifies the portion of insurance the ceding company retains.
Learn about the unique position of a Broker Agent who acts as a broker for some insurers and an agent for others. Explore their responsibilities, dual roles, and how they differ from other insurance professionals.
Explore what a representative does in the context of general insurance, including their responsibilities and role as agents or salespersons.
Learn about a solicitor in general insurance, their responsibilities, licensing requirements, and limitations in issuing coverage.
Learn about the subrogation clause in general insurance, which enables insurers to take action against liable third parties to recover losses paid out. Discover its function and implications for both insurers and policyholders.
Get a comprehensive overview of the Summary Plan Description (SPD) in health insurance, detailing all available benefits under a specific plan.
In the realm of real estate, the term 'Grantor' refers to the individual selling the property. Explore the significance of the grantor in property transactions.
Dive deep into the unpaid premium provision in health insurance, an important clause that permits unpaid premiums to be deducted from claim payments. Learn how this provision can impact policyholders and claims.
Learn about the role of a third party payor in health insurance, such as Medicare or Blue Cross/Blue Shield, and their importance in healthcare coverage.
Learn about triage in health insurance, a critical system used to rank patients based on the severity of their injuries or illnesses, ensuring that those in urgent need receive prompt care.
Learn about unallocated funds in pensions, where plan funds are pooled together for the benefit of all participants. Explore its significance and how it impacts pension plans.
