Tag: medical
Hardship Withdrawal
What is 'Hardship Withdrawal' An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In...
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...
National Treatment
DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment,...
Malpractice Insurance
DefinitionProfessional liability insurance, also called professional indemnity insurance but more commonly known as errors & omissions in the US, is a form of liability...
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...
Cafeteria Plan
DefinitionA cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code....
Parasitic Advertising
What is 'Parasitic Advertising' A type of marketing that promotes one product at the cost of lost sales for another product. Parasitic...
Family And Medical Leave Act (FMLA)
What is 'Family And Medical Leave Act - FMLA' The Family and Medical Leave Act (FMLA) was signed into law on August...
Watercraft Nonowned Insurance
Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...
Underinsured Motorist Endorsement
What is 'Underinsured Motorist Endorsement' An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder...