actuary
Webster Dictionary
the computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances
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underwrite
Webster Dictionary
to subscribe one's name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent; as, individuals, as well as companies, may underwrite policies of insurance
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cash surrender value
(cash surrender value)
Princeton's WordNet
the amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured
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insured person
(insured, insured person)
Princeton's WordNet
a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc.
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insured
(insured, insured person)
Princeton's WordNet
a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc.
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reinsure
Webster Dictionary
to insure, as life or property, in favor of one who has taken an insurance risk upon it
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insured
(ɪnˈʃʊərd, -ˈʃɜrd)
Random House Webster's College Dictionary
a person whose life or property is covered by an insurance policy.
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group insurance
(ˈgru pɪŋ)
Random House Webster's College Dictionary
life, accident, or health insurance available to a group of persons, as the employees of a company, under a single contract.
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fringe benefit
(ɪndʒ)
Random House Webster's College Dictionary
a benefit, such as free life or health insurance or a pension, received by an employee in addition to regular pay.
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uninsurability
(uninsurability)
Princeton's WordNet
the quality of being uninsurable; the conditions under which an insurance company will refuse to issue insurance to an applicant (based on standards set by the insurance company)
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insurability
(insurability)
Princeton's WordNet
the quality of being insurable; the conditions under which an insurance company will issue insurance to an applicant (based on standards set by the insurance company)
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tontine
(tontine, tontine insurance)
Princeton's WordNet
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
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tontine insurance
(tontine, tontine insurance)
Princeton's WordNet
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
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reinsurance
Webster Dictionary
insurance a second time or again; renewed insurance
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medigap
(ˈmɛd ɪˌgæp)
Random House Webster's College Dictionary
(sometimes cap.) a supplemental health insurance that provides coverage for people whose government insurance benefits are insufficient.
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policy
Webster Dictionary
the writing or instrument in which a contract of insurance is embodied; an instrument in writing containing the terms and conditions on which one party engages to indemnify another against loss arising from certain hazards, perils, or risks to which his person or property may be exposed. See Insurance
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social insurance
(ˈsoʊ ʃəl)
Random House Webster's College Dictionary
any of various forms of insurance provided by a government, as unemployment insurance.
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carry
Webster Dictionary
to bear the charges or burden of holding or having, as stocks, merchandise, etc., from one time to another; as, a merchant is carrying a large stock; a farm carries a mortgage; a broker carries stock for a customer; to carry a life insurance
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endowment insurance
(endowment insurance)
Princeton's WordNet
life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
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social security
(Social Security)
Princeton's WordNet
social welfare program in the U.S.; includes old-age and survivors insurance and some unemployment insurance and old-age assistance
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tontine
Webster Dictionary
an annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively; as, tontine insurance
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ordinary life insurance
(whole life insurance, ordinary life insurance, straight life insurance)
Princeton's WordNet
insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
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whole life insurance
(whole life insurance, ordinary life insurance, straight life insurance)
Princeton's WordNet
insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
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straight life insurance
(whole life insurance, ordinary life insurance, straight life insurance)
Princeton's WordNet
insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
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policyholder
(policyholder)
Princeton's WordNet
a person who holds an insurance policy; usually, the client in whose name an insurance policy is written
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no fault automobile insurance
(no fault insurance, no fault automobile insurance)
Princeton's WordNet
a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
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no fault insurance
(no fault insurance, no fault automobile insurance)
Princeton's WordNet
a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
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life-saving
Webster Dictionary
that saves life, or is suited to save life, esp. from drowning; as, the life-saving service; a life-saving station
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azoic
Webster Dictionary
destitute of any vestige of organic life, or at least of animal life; anterior to the existence of animal life; formed when there was no animal life on the globe; as, the azoic. rocks
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worldly
Webster Dictionary
pertaining to this world or life, in contradistinction from the life to come; secular; temporal; devoted to this life and its enjoyments; bent on gain; as, worldly pleasures, affections, honor, lusts, men
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