Tag: premium

DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is...

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

What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...

What is yield spread premium Yield spread premium is the difference between the interest rate a borrower pays on a loan and the interest rate...

What is 'Idiosyncratic Risk' Idiosyncratic risk, also referred to as unsystematic risk, is the risk that is endemic to a particular asset such as a...

What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment...

How to Profit From Naked Puts and Call Options A naked put is an option contract in which the writer of the option does not...

What are 'On-The-Run Treasuries' On-the-run Treasuries are the most recently issued U.S. Treasury bonds or notes of a particular maturity. "On-the-run" Treasuries...

What are 'Off-The-Run Treasuries' Off-the-run treasuries are all Treasury bonds and notes issued before the most recently issued bond or note of...

What is 'Rate Level Risk' A type of interest rate risk which asserts that the characteristics of interest rate fluctuation are variable...