Terms with Tag Insurance
- Supplementary Liability Insurance (SLI) — Acronym, Important,
- Surrender Charge — Definition,
- A charge levied when a life insurance policyholder cancels his or her policy.
- Surrender Charge Notice (SCN) — Acronym,
- Surrender Rights — Definition,
- The contractual right for a life insurance or annuity policyholder to cancel his or her policy.
- Survival Analysis — Definition,
- A statistical analysis of how likely someone or something will survive to a set date.
- Systemic Vascular Resistance (SVR) — Acronym, ➥ Blood pressure measurement.
- Temporary Disability Insurance (TDI) — Acronym,
- Temporary Insurance Agreement (TIA) — Acronym, Important,
- Temporary Total Disability (TTD) — Acronym, Important,
- Term — Definition,
- The length of time you commit to repay a lender or bank at an agreed upon interest rate and payment schedule. The interest rate usually remains constant during this term unless the commitment states otherwise. For example, a five year fixed rate mortgage has a term of five years.
- Term Life Insurance — Definition,
- Life insurance that provides coverage for a set period of time, often from five to forty years.
- Third Party Liability Insurance (TPLI) — Acronym,
- Third-party Administrator (TPA) — Acronym, Important,
- A claims administrator that is hired to process insurance claims and/or employee benefits for another party.
- Title Binder — Definition,
- Insurance that covers both the buyer and seller of a property until the property has sold.
- Title Insurance — Definition,
- Insurance that covers title defects and ownership challenges on a property.
- Title Report — Definition,
- A report that reveals any competing claims, liens, or other problems relating to a property. A title report is required before title insurance will be issued. Also known as a "Preliminary Title Report" or "Prelim."
- Total Admitted Assets — Definition,
- What assets an insurance company is legally allowed to include when determining its financial solvency.
- Total Disability Waiver of Premium (TDWP) — Acronym,
- Total Insurable Value (TIV) — Acronym,
- Total Loss (Ltot, TL) — Acronym & Abbreviation,
- When as asset is considered to be damaged beyond repair.
- Transferable Insurance Policy — Definition,
- A life insurance policy that can be sold to another party through a viatical settlement.
- Travel Insurance — Definition, Very Important,
- Insurance that covers a number of events that can occur when an individual is travelling out of the province or country.
- Tuition Insurance — Definition,
- Insurance that covers tuition costs if a student is required to leave school in the middle of a semester.
- Two Year Income for Disability (2YID) — Acronym,
- Two-Tier Healthcare — Definition,
- A situation where public healthcare is available to all people, but private healthcare can be purchased by those who want it.
- Ultimate Mortality Table — Definition,
- A mortality table that does not include information from people who have been approved for life insurance recently.
- Ultimate Net Loss (UNL) — Acronym,
- The final sum that an insurer is required to pay a policyholder after they have filed a valid claim.
- Umbrella Insurance — Definition,
- Insurance used to cover different types of property in a single policy.
- Unaffiliated Investments — Definition,
- Investments in assets made by an insurance company where they have no control over the assets.
- Unallocated Benefit — Definition,
- A requirement for health insurance policyholders to pay reasonable hospital expenses out of pocket to a certain limit.
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Supplementary Liability Ins... -
Two-Tier Healthcare
Two-Tier Healthcare
