33+ Insurance Terms Images. Term insurance is a type of life insurance policy that provides coverage for a certain period of time or a specified term of years. New terms will be added to the glossary over time.
Dictionary of Insurance Terms from agencychecklists.com Life insurance terminology can be confusing. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Choose from 500 different sets of flashcards about insurance terms on quizlet.
Trying to distinguish between the many insurers and even more plan options, or understanding what.
Coverage subject to terms, conditions, and availability. An insurance policy that pays out only if the insured dies, becomes blind or is dismembered in an accident. Incurred but not reported losses (ibnr). Term insurance is life insurance you purchase for a specific period of time (typically ten, twenty or thirty years).
