Glossary of Health Insurance Terms naic.org
In insurance terminology the first party is the insurer and the second party is the insured. THIRD PARTY LIABILITY Liability of the insured to persons who are not parties to the contract of insurance and are not employees of the insured.... Reinsurance is about transferring the risks of Insurance companies to third party organisations. This presentation focuses on the need, the types and the structures of reinsurance.
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Glossary of Health Insurance Terms. On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act (PPACA) into law. When making decisions about health coverage, consumers should know the specific meanings of terms used to... Health Insurance Terminology - Compare insurance quotes online right now, you will get the best deals from wide range of most trusted insurance companies we represent. Also, if your spouse works and contribute significantly to the finances of your family, then you can adjust the …
Reinsurance in India SlideShare
At present, the Government of India issues three types of treasury bills through auctions, namely, 91 day, 182 day and 364 day. There are no treasury bills issued by State Governments. Treasury bills are available for a minimum amount of Rs.25,000 and in multiples of Rs. 25,000. Treasury bills are issued at a discount and are redeemed at par. guide to social security law pdf A list of insurance terms and definitions has been compiled with primary focus on markets in India, USA, and UK. Being a viable guide, it assists an individual to navigate through terms and
Auto Insurance Glossary of Terms RMIIA
Insurance terminology Annuitant The person receiving annuity benefits from an annuity contract at fixed intervals of time (this can be on a yearly/ half yearly/ quarterly or monthly basis and based on the annuity option selected) is called as Annuitant. car insurance terms and conditions pdf Glossary of life insurance terminology and definitions – Check out the 20 meanings of commonly used terms in life insurance. Some of the most commonly used life insurance terminology and definitions useful for understanding – Top 20 terms
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Life insurance terminology and definitions Glossary of 20
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Insurance Terminology In India Pdf
Cession The amount of insurance risk transferred to a reinsurer by a ceding company; may be the whole or a portion of a single risk, defined policy or defined division of a policy as agreed.
- an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept
- This present study looks at the genesis of agricultural insurance in India, examines various agricultural insurance schemes launched in the country from …
- Term and Term insurance The term is the number of years you bought the policy for. So, if your policy lasts for 10 years (the number of years is your choice), it is referred to as one with a 10
- Standard Definitions of Terminology used in Health Insurance Policies PUBLISHED IN THE GUIDELINES ON An accident is a sudden, unforeseen and involuntary event caused by external and visible means. [Insurance companies can define the term accidental injury in the context o f the term 'accident']. 2. Co-Payment A co-payment is a cost-sharing requirement under a health insurance …