Glossary Reciprocity annuityccFebruary 11, 2018 In this situation, two parties provide the same help or advantages to each other. For example, one producer living in...
Glossary Reciprocal Exchange annuityccFebruary 11, 2018 This unincorporated group of individuals mutually insure one another, each separately assuming a share of each...
Glossary Rebating annuityccFebruary 11, 2018 Any inducement offered in the sale of insurance products that is not specified in the policy....
Glossary Rate Service Organization annuityccFebruary 11, 2018 This organization is formed by or on behalf of a group of insurers to develop rates for those insurers, and to file the...
Glossary Qualified Plan annuityccFebruary 11, 2018 This retirement plan meets the IRS guidelines for receiving favorable tax...
Glossary Pure Protection annuityccFebruary 11, 2018 Insurance by which premiums are paid for protection in the event of death or disability, not for cash value...
Glossary Proceeds annuityccFebruary 11, 2018 The amount payable by the insurance company, usually in at the insured's death or when the policy...
Glossary Pro Rata Cancellation annuityccFebruary 11, 2018 When terminating an insurance policy, this adjustment of the premium charge is in proportion of the exact coverage that...
Glossary Private Insurance annuityccFebruary 11, 2018 This insurance is furnished by nongovernmental insuring...