Glossary

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Financial terms in "Insurance"

1. safe deposit box coverage

2. production of documents

3. Burglary And Theft Insurance

4. other underwriting income

5. schedule rating

6. nonledger assets

7. dominant cause

8. expediting expense

9. Capital Asset Pricing Model (CAPM)

10. value-added services

11. nonfiled line of coverage

12. potentially responsible party (PRP)

13. covered auto designation symbols

14. Information Practices Act (SB 1386) of 1977

15. prior approval state

16. Uninsurable Risk

17. annual aggregate deductible

18. manuscript certificate of insurance

19. time element loss

20. participating GIC

21. concurrent insurance

22. Incurred But Not Reported

23. bare walls coverage

24. Highway Loss Data Institute (HLDI)

25. permanent life insurance

26. open perils

27. vertical exhaustion rule

28. valued coverage

29. product liability

30. personal profit exclusion

31. recruiting

32. leading

33. fully paid policy

34. medical payments, auto

35. Encumbrance

36. Crop-hail Insurance

37. broad form comprehensive general liability (BFCGL) endorsement

38. tender of defense

39. gap financing

40. comprehensive coverage

41. insurance requirements

42. statistical method

43. Accident And Health Insurance

44. guaranteed cost insurance

45. insurance contract

46. nonproportional reinsurance

47. double protection

48. aviation hazard

49. managing general underwriter (MGU)

50. General Liability Insurance

51. Item

52. boiler and machinery (BM) insurance

53. sidecar reinsurance

54. contract carrier

55. contract attorney

56. aftermarket parts

57. mental impairment

58. passive loss

59. risk quantification

60. Out-of-Pocket Limit

61. Pure Life Annuity

62. quasi contract

63. selection

64. Fraud Claim Law Specialist (FCLS)

65. evidence of insurability

66. composite rate

67. notice

68. compensable

69. damage to premises rented to you

70. composite rating

71. improvements and betterments

72. commercial property program

73. ecological risk assessment

74. Annuity Prospectus

75. Chartered Life Underwriter

76. claims-made

77. direct market

78. advancement of defense costs provision

79. cedent

80. Bornhuetter-Ferguson technique

81. pro rata reinsurance

82. jewelers block insurance

83. Commercial Lines Insurance Pricing Survey (CLIPS)

84. Supplemental Coverage

85. HAZMAT

86. expiration file

87. association professional liability insurance

88. per stirpes

89. average rate

90. modified fire-resistive construction

91. alternative dispute resolution

92. ultra vires acts

93. profit sharing plan

94. international reverse business

95. contingent liability from operation of building codes

96. business continuity management (BCM)

97. Workers' Compensation Claim Law Associate (WCLA)

98. simulation risk modeling method (often called Monte Carlo method)

99. Employer’s Liability

100. employee assistance program (EAP)

Note: Maximum 100 records reached. Please narrow your search.

Featured term of the day

Definition / Meaning of

Separate Account Fund

Categories: Finance,

Each variable annuity contract offers a number of separate account funds. Each of those funds owns a collection of individual investments chosen by a professional manager who is striving to achieve a particular objective, such as long-term growth or regular income.You allocate your variable annuity premiums among different separate account funds offered in your contract to create a diversified portfolio of funds, sometimes called investment portfolios or subaccounts.If you're comparing different contracts to decide which to purchase, among the factors to consider are the variety of funds each contract offers, the past performance of those funds, the experience of the professional manager, and the fees.In evaluating the past performance and other details of the funds a contract offers, or the funds you are using in the contract you selected, you can use the prospectus the annuity company provides for each separate account fund. You may be able to find independent research on the funds from firms such as morningstar, inc., Standard & Poor's, and Lipper.

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8. Right Of Recourse Provision
9. Americans With Disabilities Act (ADA) Of 1990
10. Management Liability Insurance

Glossary

Financial terms in "Insurance"

Featured term of the day

Separate Account Fund

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