Month: February 2023

The portion of premium for which policy protection has not yet been...

The process of reviewing, accepting, or rejecting applications for...

This person evaluates and classifies risks to accept or reject them on behalf of the...

This form of misrepresentation involves an agent persuading the insured or owner to cancel, lapse, or switch policies,...

This basic principle of insurance involves the risk of financial loss assigned to another...

This condition does not allow a person to perform the duties of any occupation for payment as a result of injury or...

This person is expected to die within a short period of time due to a specific illness or...

This insurance provides protection for a specified period of...

This act of giving up a life policy involves the insurer paying the insured a sum equal to the cash value which the...

Also known as the commissioner or director in some states, this individual heads the state department of insurance or...