Understanding Viatical Settlements in Life Insurance
Learn about viatical settlements in life insurance, where terminally ill policyholders receive a portion of death benefits ahead of time by transferring policy rights.
Understanding Variable Contracts in Life and Health Insurance
Learn about variable contracts in life and health insurance, their regulations, and associated risks. Discover how these contracts differ from typical insurance agreements.
Vacant Property Insurance - Understanding Coverage for Uninhabited Buildings
Learn about vacant property insurance, which covers buildings without any contents or inhabitants. Discover the importance, implications, and regulations of protecting unoccupied properties.
Valuation Clause in General Insurance: Understanding Its Importance
Learn about the valuation clause in general insurance, which is essential for defining the value of insured items and effectively transforms the policy into a valued policy.
Valued Policy (Property Insurance): Ensuring Protection for High-Value Items
Learn about valued policy in property insurance, designed for high-value items like antiques or artwork. Understand how it ensures a predetermined payout in case of total loss.
Understanding Voluntary Employee Beneficiary Association (VEBA)
Explore the Voluntary Employee Beneficiary Association (VEBA) and how it is used to pre-fund health care for employees. Learn about the benefits and structure of VEBAs in health insurance.
Understanding Valuation in General Insurance Terms
Explore the concept of valuation in general insurance terms - a crucial process of estimating an item's value, typically conducted by a professional appraiser.
Understanding Vested Commissions in General Insurance
Explore what vested commissions mean in general insurance. Learn how agents earn commissions on renewal business even after leaving the insurer.
Understanding Vested Liability in Pensions
Explore the concept of vested liability in pensions, explaining the non-forfeitable value of a person’s retirement benefits at present.
Value Reporting Form in Property Insurance Explained
Discover how a Value Reporting Form in Property Insurance helps businesses manage varying inventory values throughout the year with accurate insurance adjustments.
Valued Policy Law: Definition and Implications in Insurance
Learn about the Valued Policy Law, which requires insurers to pay the face value of a policy upon total loss of a building. Understand its purpose and how it impacts insurance policies.
Vendee in General Insurance Terms: Understanding the Property Buyer
Learn about the term 'Vendee' in general insurance, which refers to the buyer of a property. Understand its significance in property transactions and insurance policies.
What is a Viatical Settlement Company in Life Insurance?
Learn about viatical settlement companies, how they assist insurance companies in settling with policyholders who are terminally ill, and the importance of viatical settlements in life insurance.
Understanding Vision Care Coverage in Health Insurance
Explore the benefits of Vision Care Coverage in Health Insurance, including eye examinations and vision aids like glasses and contacts. Learn how these plans can help you maintain optimal eye health.
Vendor (General Insurance Terms) – Definition and Importance
Learn the definition of 'Vendor' in general insurance terms. Understand the role of a Vendor, commonly referred to as the seller of a property, in insurance transactions.
Vis Major: Understanding Acts of God in General Insurance
A comprehensive guide on 'Vis Major' or 'Act of God' in general insurance, explaining accidents for which no one can be held responsible.
Understanding Values in Life Insurance
Explore the concept of values in life insurance, specifically referring to nonforfeiture values, and understand their role in policyholder benefits.

Insurance Terms Lexicon

Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.

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