Credit Health Insurance

Credit Health Insurance policy assigning creditor as beneficiary for insurance on a debtor thereby remitting balance of payment to creditor should the debtor become disabled. What is Credit Health Insurance , What does mean Credit Health Insurance , Insurance Guide, Insurance Glossary


Related Credit Health Insurance Articles

  • Individual Annuities – Immediate Variable Insurance Glossary
    Individual Annuities – Immediate Variable an annuity contract that provides for the first payment of the annuity at the end of the fixed interval of payment aft... more
  • Exposure Insurance Glossary
    Exposure risk of possible loss. What is Exposure , What does mean Exposure , Insurance Guide, Insurance Glossary
  • Non proportional Reinsurance reinsurance Insurance Glossary
    Non proportional Reinsurance reinsurance that is not secured on individual lives for specific individual amount of reinsurance, but rather reinsurance that prot... more
  • EBNR Insurance Glossary
    EBNR Earned but not reported premium amount insurer reasonably expects to receive for which contracts are not yet final and exact amounts are not definite. Wha... more
  • Equity Indexed Annuity Insurance Glossary
    Equity Indexed Annuity a fixed annuity that earns interest or provides benefits that are linked to an external reference or equity index, subject to a minimum g... more
  • Subrogation Clause Insurance Glossary
    Subrogation Clause section of insurance policies giving an insurer the right to take legal action against a third party responsible for a loss to an insured for... more
  • Nonadmitted Assets Insurance Glossary
    Nonadmitted Assets assets having economic value other than those which can be used to fulfill policyholder obligations, or those assets which are unavailable du... more
  • Fire Insurance Glossary
    Fire coverage protecting the insured against the loss to real or personal property from damage caused by the peril of fire or lightning, including business inte... more
  • Peril the cause Insurance Glossary
    Peril the cause of property damage or personal injury, origin of desire for insurance. "Cause of Loss" What is Peril the cause, What does mean Peril the cause... more
  • Commercial Auto Insurance Glossary
    Commercial Auto coverage for motor vehicles owned by a business engaged in commerce that protects the insured against financial loss because of legal liability... more
  • Flood Insurance Glossary
    Flood coverage protecting the insured against loss or damage to real or personal property from flood. (Note: If coverage for flood is offered as an additional p... more
  • Insured Insurance Glossary
    Insured party(ies) covered by an insurance policy. What is Insured , What does mean Insured , Insurance Guide, Insurance Glossary
  • Losses Incurred Insurance Glossary
    Losses Incurred Includes claims that have been paid and/or have amounts held in reserve for future payment What is Losses Incurred , What does mean Losses Inc... more
  • Long Duration Contracts Insurance Glossary
    Long Duration Contracts contracts, excluding financial guaranty contracts, mortgage guaranty contracts and surety contracts, that fulfill both of the following... more
  • Other Accident and Health Insurance Glossary
    Other Accident and Health accident and health coverages not otherwise properly classified as Group Accident and Health or Credit Accident and Health (e.g., coll... more
  • Excess Workers' Compensation Insurance Glossary
    Excess Workers' Compensation either specific and/or aggregate excess workers' compensation insurance written above an attachment point or self insured retention... more
  • Prior Approval Law Insurance Glossary
    Prior Approval Law a state regulatory requirement for pre approval of all insurance rates and forms. What is Prior Approval Law , What does mean Prior Approval... more
  • Risk Retention Group Insurance Glossary
    Risk Retention Group group owned insurer organized for the purpose of assuming and spreading the liability risks to its members. What is Risk Retention Group ,... more
  • Assigned Risk Insurance Glossary
    Assigned Risk A governmental pool established to write business declined by carriers in the standard insurance market. What is Assigned Risk , What does mean... more
  • Domestic Insurer Insurance Glossary
    Domestic Insurer an insurance company that is domiciled and licensed in the state in which it sells insurance. What is Domestic Insurer , What does mean Domes... more
  • Margin Premium Insurance Glossary
    Margin Premium a deposit that an organization is required to maintain with a broker with respect to the Futures Contracts purchased or sold. What is Margin Pr... more