Glossary of Insurance Terms
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- Absolute assignment
- Accident
- Accidental death and dismemberment clause
- Accidental death benefit
- Accumulation period
- Active work or actively-at-work
- Actively-at-work clause
- Actuaries
- Additional accelerated death benefit clauses
- Annuity or life annuity
- Anti-selection or adverse selection
- Applicant
- Application
- Assignee
- Assignment
- Assignment clause
- Basic collective or group insurance contract or parent policy
- Beneficiary
- Benefit period
- Benefit program
- Bilateral contract
- Cancer
- Case management
- Claim
- Claims analyst, claims investigator, claims examiner, or claims specialist
- Claims Department
- Class designation
- Classification by claims experience
- Closed contract
- Collateral assignment
- Collective or group contracting party or policyholder
- Collective or group insurance policy
- Combined classification
- Consumer credit group life insurance
- Consumer credit insurance
- Contingent beneficiary
- Contract
- Contract holder
- Contractual capacity
- Contributory plan
- Conversion clause
- Conversion privilege
- Cost-of-living adjustment benefit
- Customer Service Department
- Daily life activities
- Diphtheria
- Disability
- Disability (Cancer Policy)
- Disability income coverage
- Double indemnity benefit
- Electronic funds transfer method
- Eligibility or registration period
- Elimination period
- Encephalitis
- Endorsement or rider
- Entire contract clause
- Erroneous claim
- Excess insurance clause
- Exclusion by suicide clause
- Exclusion clause
- Important misrepresentation
- Incontestability clause
- Individual insurance policy
- Individual retirement contract
- Individual retirement plan
- Initial premium
- Injury
- Insurable interest
- Insurance certificate
- Insurance for spouse and children clause
- Insurance or sales agent
- Insured
- Irrevocable beneficiary
- Legionnaires’ disease
- Life annuity
- Life annuity or annuity period
- Life insurance for mortgage amortization
- Life insurance policy
- Lifetime income option
- Long-term disability income coverage
- Long-term disability insurance (LTD)
- Loss due to accident
- Loss ratio
- Lupus erythematosus
- Main Sum
- Malaria
- Manual classification
- Marketing Department
- Medical examination clause
- Meningitis
- Misrepresentation
- Misstatement of sex or age clause
- Mode of premium payment
- Modified premium whole life policies
- Mortality experience
- Mortality tables
- Mortgage loan
- Multiple sclerosis
- Muscular dystrophy
- Myasthenia gravis
- Pay out option clause
- Pay out or settlement period
- Periodic amortization installments
- Physician
- Policy
- Policy anniversary
- Policy benefit or proceeds
- Policy block
- Policy form
- Policyholder
- Policyholder
- Poliomyelitis
- Practice of new date of policy
- Pre-existing condition
- Pre-existing condition clause
- Preferred risk
- Premium
- Primary or first beneficiary
- PRO-65
- Pure risk
- Rabies
- Rehabilitation clause
- Rehabilitation or reinstatement
- Rejected risk
- Renewal clause
- Renewal premiums
- Representation
- Revocable beneficiary
- Reye’s syndrome
- Rheumatic fever
- Right to change beneficiary
- Scarlet fever
- Selection of risks or underwriting
- Settlement agreement
- Settlement option clause
- Short-term collective or group disability income coverage
- Short-term disability insurance (STD)
- Sickle cell anemia
- Smallpox
- Social Security disability income
- Specific disease benefit
- Subnormal risk
- Succession beneficiary clause
- Survivor benefit
- Temporary life insurance for small businesses (franchise policy)
- Temporary non-occupational disability insurance (SINOT – Act No. 139)
- Temporary renewable insurance policy
- Term life insurance
- Terminal disease benefit
- Tetanus
- Tissue transplant
- Total disability
- Tuberculosis (TBC)
- Types of policies
- Typhoid fever