Insurance

Business / Finance / Insurance: An insurance term referring to the relationship between a policy's insured person or property and the potential beneficiary. The beneficiary must have an insurable interest in the insured person or property to receive payment of the policy if the insured died while the policy was in force.

Other Words for Insurance

Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
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Multiple Peril Insurance

Business / Finance / Multiple Peril Insurance: Insurance policy that covers a wide variety of property damage. MORE

Municipal Bond Insurance

Business / Finance / Municipal Bond Insurance: An insurance policy that guarantees payment on municipal bonds in the event the issuer defaults. MORE

Life Insurance In Force

Business / Finance / Life Insurance In Force: The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid. MORE

Loss-Of-Income Insurance

Business / Finance / Loss-Of-Income Insurance: Insurance coverage that will pay out income that a policyholder loses as a result of a disability, injury, or business disruption. MORE

Owners Title Insurance

Business / Real Estate / Owners Title Insurance: An insurance policy protecting the buyer for the amount of the purchase price in the event of a future title dispute. MORE

Bank Insurance Fund (BIF)

Business / Finance / Bank Insurance Fund (BIF): A unit of the Federal Deposit Insurance Corporation (FDIC) that provides deposit insurance for banks excluding thrifts. MORE

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