Tag: insurance

Annuity

An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....

Accelerated Death Benefit (ADB)

What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a...

Absolute Physical Life

What is 'Absolute Physical Life' The length of time that it takes for an asset takes to become fully depreciated, at which...

Accelerated Benefits

What is 'Accelerated Benefits' A clause in certain life insurance policies that enables the policy holder to receive the benefits before death....

Abandonment Clause

What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...
Abandonment and salvage

Abandonment And Salvage

Abandonment and salvage are two ways to deal with property. Abandonment is the process of giving up a property, while salvage is the process...

Abandoned Property

What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of...

Risk Management

Risk management includes all the processes that are used for identifying, analyzing, and either accepting or mitigating the risks that make decision making in...

Ramani Ayer

DefinitionRamani Ayer is an Indian-American business executive, and the CEO and chairman of The Hartford from 1997 to 2009. Ramani Ayer What is...

Savings Association Insurance Fund (SAIF)

What is 'Savings Association Insurance Fund - SAIF' A government insurance fund for savings and loans and thrift institutions in the United...

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