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40 Results for Tag: insured

Yearly Renewable Group Term Insurance

Yearly Renewable Group Term Insurance What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to cover several people at a time and is reviewed o

National Association Of Federal Credit Unions (NAFCU)

National Association Of Federal Credit Unions (NAFCU) What is 'National Association Of Federal Credit Unions - NAFCU' An industry trade group founded in 1967 that represents federal credit

Offset Mortgage

DefinitionThe term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Aus

Accelerated Death Benefit (ADB)

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 life insurance policy that enables th

Abandonment Clause

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

Savings Association Insurance Fund (SAIF)

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 States

Cancellation Provision Clause

Cancellation Provision Clause What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to cancel a property and casu

Canadian Deposit Insurance Corporation (CDIC)

Canadian Deposit Insurance Corporation (CDIC) What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up to

Cancelable Insurance

Cancelable Insurance What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by the insurance company. Aside from life insurance, most i

Canadian Mortgage and Housing Corporation (CMHC)

Home Ownership by Country Canadian Mortgage and Housing Corporation (CMHC) What is 'Canadian Mortgage and Housing Corporation - CMHC' A division of the Government of Canada that acts as Ca
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