Learn about Split Life Insurance, a unique coverage that combines installment annuity and term insurance. Understand how premiums determine the amount of insurance purchased and explore its benefits and uses.
Learn about secondary care in health insurance, which involves specialized medical attention typically provided upon referral from a primary care physician.
Discover the essentials of Service Plans in health insurance, where provided services are treated as benefits rather than monetary payouts.
Learn about smoke damage in property insurance, how it's distinct from fire damage, and what insurers typically cover.
Learn about the Stop Loss clause in general insurance, a crucial concept that caps the insurer's losses at a designated threshold to prevent excessive financial claims.
Explore the concept of submitted business in general insurance, where new business applications are submitted to an insurer but are not yet accepted or declined.
Comprehensive definition of 'Surplus' in the context of general insurance, referring to the assets of an insurer after deducting liabilities.
Learn about the Securities Act of 1933, a fundamental law in the financial sector requiring a detailed prospectus and full disclosure to regulate the sale of securities.
Learn about the Standard Annuity Table, a crucial mortality table used for annuities, formally known as The 1937 Standard Annuity Table, and its significance in pensions.
Learn about the essential Statement of Policy Information in universal life insurance, detailing transactions and annual updates like interest credited and premiums paid.
Learn about the Safe Driver Plan in vehicle insurance, where points are assessed for accidents and traffic violations, affecting your insurance surcharge.
Learn about the Securities Deposited with Others Coverage Form, a commercial crime policy that protects securities deposited with institutions or trusted individuals against loss due to disappearance, destruction, or theft.
Learn about the Securities Exchange Act of 1934, a critical law mandating federal registration for companies and agents wishing to sell securities.
Discover the essentials of a Self Administered Trustee Plan, a retirement plan managed by a trustee who handles contributions, investments, and benefit payments.
Learn about Short Term Disability Income Policies, which offer disability income benefits for a short-term period, generally less than two years.
Learn about sinkhole collapse in property insurance, a peril caused by sudden earth movement into underground cavities. Understand coverage options available under commercial property forms.
Discover the meaning of 'Slip' in general insurance terms, especially within Lloyd's of London. Learn how brokers use slips to identify the syndicate that has accepted a risk and the submission process to Lloyd's underwriters.
Learn about Social Insurance, a legally mandated insurance scheme that ensures basic economic security for a population by providing coverage for loss of income due to illness, old age, and unemployment.
Discover the Society of Insurance Research (SIR) and its role in promoting insurance research and fostering the exchange of ideas among researchers in the insurance industry.
Learn about the role of a special agent in general insurance, their responsibilities, and how they represent insurers in specific territories.
Discover the essentials of the Special Coverage Form in property insurance, detailing its comprehensive all-risk coverage and key exclusions.
Learn about special peril insurance, a type of property insurance that only covers items specifically named in the contract. Understand its benefits and limitations.
Learn about the Special Personal Property Form, a former insurance policy that covered commercial risks contents against all perils, now mostly replaced by the Building and Personal Property Coverage Form.
Learn about sprinkler leakage insurance in property insurance, which covers water damage from sprinkler system leaks, but not from fire discharge.
