# 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 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.
Learn about the Noon Clause in Property Insurance, a clause that specifies coverage start time at noon. Discover why this clause is rare and how most modern policies now start at 12:01 a.m.
Explore the concept of Normal Retirement in pensions, which refers to retirement taken at the time deemed standard by the pension plan. Learn its significance and implications.
Understanding nuisance value in general insurance, an amount the insurer pays to settle a claim more for convenience than its validity.
Learn how numerical rating in life insurance is used to determine the policy rates for substandard insureds. Understand the system of adding values to a standard risk of 100 to establish the appropriate rate.
Discover the role of an obligee (surety) in the context of bonds and insurance. Learn how it compares to the insured in an insurance policy and understand its importance.
Learn about the Occupational Safety and Health Act (OSHA), a federal statute enforced by the Labor Department to uphold safety and health standards nationwide. Understand the role of safety inspectors and the importance of injury statistics records.
Learn about Old Age Survivors Disability and Health Insurance (OASDHI), a system established by the Social Security Act in 1935 providing benefits for the elderly, disabled workers, and surviving dependents.
Learn about the open enrollment period in health insurance, during which you can switch plans without needing proof of insurability. Ensure you make informed decisions about your health coverage.
Discover what the Outline of Coverage in Health and Life Insurance entails. Learn about its role in summarizing benefits, coverage, exclusions, and premiums, and how it functions as a preliminary overview for insurance applicants.
Explore overage insurance, a specialized health coverage designed for individuals over 65, providing crucial health benefits even beyond the usual age limit.
Discover how overhead expense insurance safeguards business owners by covering rent, utilities, and employee salaries when they become disabled. Learn more about this crucial disability insurance.
Learn about paid-up insurance in life insurance policies, where all premiums are fully paid, guaranteeing coverage without further payments. Understand its significance and benefits.
Discover what a Parasol Policy is in liability insurance, how it differs from and complements existing property insurance by offering all-risk coverage with some exclusions.
Learn about the term 'Parol' used in legal proceedings to designate an oral statement, as opposed to a written one. Understand its implications in the legal context.
