# 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
Exploring the term 'Modified' in general insurance, which refers to a premium that has been adjusted from the standard premium on similar policies. Learn about its implications and contexts where it is commonly used.
Explore the concept of Monthly Debit Ordinary Status Cards in life insurance, which indicates monthly debit ordinary business that is still in force and which has lapsed.
Discover the definition and significance of the mortgage clause in property insurance, a key feature in direct damage policies for mortgaged properties.
Learn about multiemployer plans, where more than one employer contributes to a pension. Discover how these plans are affected by collective bargaining agreements.
Learn about Mutualization in General Insurance. Discover how converting a stock insurer to a mutual insurer works through the process of retiring stock. Essential information for insurance professionals.
Learn about Name Position Bonds in the criminal domain— a critical fidelity bond that protects against losses caused by employees' fraudulent actions in specific positions.
Learn about net cost in general insurance, including how total premiums paid minus cash value and dividends impact your policy over time.
Learn about the net level premium reserve, the crucial reserve an insurer must maintain to pay net level policies in their later years efficiently.
Learn about the concept of Net Rate in Liability Insurance, how premiums are calculated after dividends, and its significance in nonparticipating policies.
Explore the Network Model HMO in health insurance, a model that contracts with multiple physician groups allowing broader healthcare access. Learn how this model works and its benefits.
Learn about 'New for Old' insurance policies, which allow the purchase of new parts to replace old or damaged ones instead of repairing them. Discover the benefits and coverage details.
Learn about nonassessable insurance policies where the premium remains fixed and cannot be increased. Understand how these policies work in the realm of general insurance.
Learn what a nonassignable insurance policy is, its restrictions, and why the majority of policies are nonassignable. Understand the implications for the policy owners.
Learn about noncontributory health and life insurance where the employer covers the full premium, relieving employees from any contribution. Ideal for understanding employer-sponsored insurance benefits.
Explore the meaning of nonrenewal in general insurance terms, where either the insurer or the insured refuses to renew coverage at the policy’s expiration date or anniversary.
Learn about the role and requirements of a nonresident agent in the insurance industry, including licensing and state-specific regulations.
Explore the definition and implications of a nonvalued policy within general insurance terms. Learn how these policies operate without specifying an amount for a loss payment.
Learn about the Normal Retirement Benefit in pensions, which represents the greater of an employee's early retirement benefit or the benefit at normal retirement, excluding medical or disability benefits.
Learn the meaning and importance of the term Not Otherwise Classified (NOC) in liability insurance and workers compensation. Discover how it applies when insured parties cannot be otherwise classified.
Learn about the notice of cancellation in general insurance, including details on written notification of imminent cancellation from either the insured or the insurer.
Discover what an Occupational Manual is in the realm of general insurance terms. Learn how it classifies various occupations for better risk assessment and insurance coverage.
Learn about the term 'Offeror' in the context of general insurance terms. Discover what an offeror is and their role in the insurance process.
Learn about the Office Burglary and Robbery Policy – a specialized insurance coverage designed for offices to protect equipment and supplies against criminal activities. Discover how this policy includes a package of crime coverages with low limits.
Explore the concept of Old Line in Life Insurance, emphasizing non-fraternal insurers operating based on legal reserve requirements. Gain insights into its significance and impact.
