Insured

Business / Finance / Insured: The payment of proceeds by an insurance company to the insured to settle an insurance claim within the guidelines stipulated in the insurance policy.

Insured Bond

Business / Finance / Insured Bond: A bank or financial account that is insured for the benefit of the depositor, protecting against loss in the event that the savings institution becomes insolvent. See: FDIC. MORE

Noninsured Plans

Business / Finance / Noninsured Plans: Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans. MORE

Noninsured Assistance Program (NAP)

Business / Agriculture / Noninsured Assistance Program (NAP): Producers who grow a crop that is currently not eligible for crop insurance may be eligible for a direct payment under the Farm Service Agency’s noninsured assistance program (NAP). NAP has permanen MORE

Insured Mortgage

Business / Debt / Insured Mortgage: A mortgage insured against loss to the mortgagee in the event of default and a failure of the mortgaged property to satisfy the balance owing plus costs of foreclosure. MORE

Uninsured Motorist Insurance

Business / Finance / Uninsured Motorist Insurance: Items in the current account of the balance of payments of a country's accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the particu MORE

Insured Plans

Business / Finance / Insured Plans: A municipal bond backed both by the credit of the municipal issuer and by commercial insurance policies. MORE

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