Terms with Tag Insurance
- Shipowner's Liability (SMP) — Acronym,
- Short Term Disability (STD) — Acronym, Important,
- An injury or illness that prevents a person from working for only a short time.
- Short-Term Disability Insurance (STDI) — Acronym,
- Significant Activities of Daily Living (SADL) — Acronym,
- Single Interest Insurance — Definition,
- Insurance that covers a single party when more than one party has a stake in a property.
- Single Premium Variable Life (SPVL) — Acronym,
- Single-Premium Life Insurance — Definition,
- Life insurance where all premiums are paid up front in a single lump sum payment.
- Small Business Insurance Policy (SBIP) — Acronym,
- Social Insurance Number (SIN) — Acronym, Canada, Very Important,
- Every person who has an income or pays taxes must apply for this number, which is assigned by the Government of Canada. You must, by law, provide this number to financial institutions with which you have an interest-bearing deposit account.
➥ A nine-digit number that you need to work in Canada or to have access to government programs and benefits. Banks may also request your SIN for tax purposes or to verify credit checks. - Social Security Disability Insurance Benefits (SSDIB) — Acronym,
- Societé d'Assurances-Dépôts du Canada (SADC) — Company, Canada, ➥ French acronym for Canadian Deposit Insurance Corporation.
- Society of Chartered Property and Casualty Underwriters (SCPCU) — Acronym,
- Southwestern Ontario Underwriters Club (SOWC) — Company, Ontario, Canada,
- Special Multiple-Peril (SMP) — Acronym,
- Spin-Life — Definition,
- A financial industry that specializes in buying life insurance policies from individuals or convincing individuals to take out new life insurance policies with an investor as a beneficiary.
- Sprinkling Provision — Definition,
- A provision that gives a trustee the authority to distribute life insurance death benefits as he or she sees fit, and to those who need the money the most.
- Standard Automotive Insurance — Definition,
- Auto insurance that covers those with average driving records.
- Standard Flood Insurance Policy (SFIP) — Acronym, Important,
- Standard Policy Form (SPF) — Acronym,
- Standard Renewal Discount (SRD) — Acronym,
- Standardized Mortality Ratio (SMR) — Acronym, ➥ Used in the study of occupational mortality.
- Statutory Liability — Definition,
- Liability that is assigned by law and is not open for interpretation.
- Stock Insurance Company — Definition,
- An insurance company with multiple stockholders each owning shares in the corporation.
- Stop Loss Insurance — Definition,
- A low premium, high deductible insurance policy with an upper limit on coverage.
- Stranger Originated Life Insurance (STOLI) — Acronym,
- A life insurance policy purchased by someone without any insurable interests with the insured person.
➥ Illegal in many Canadian provinces. - Subrogation — Definition,
- When an insurance company has the right to take legal action against a third party for damages.
- Substandard Insurance — Definition,
- Insurance for those who are ineligible for standard insurance due to higher risk profiles.
- Substitution of Vehicle (SOV) — Acronym,
- Successive Periods — Definition,
- When multiple hospital stays are considered as one when the stays are a result of, or are related to, a single medical condition.
- Supplementary Death Benefit (SDB) — Acronym, Canada,
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Shipowner's Liability -
Stranger Originated Life In...
Stranger Originated Life In...
