| Absolute Beneficiary |
A provision in a life insurance policy stating that the beneficiary cannot be changed unless the ... |
| Absolute Liability |
Liability that exists and is imposed upon a party, even though no negligence or fault was committed ... |
| Absolute Ownership |
Those cases where the policyowner or insured has full and absolute rights to assign, sell or give... |
| Abutting Coverage |
Two or more insurance policies with consecutive policy periods providing common insurance to an insu... |
| Accelerated Death Benefits (ADB) |
In a life insurance policy, this is when the benefits (or payoff) are paid before the death of the i... |
| Accelerated Death Benefits (ADB) |
In a life insurance policy, this is when the benefits or payoff are paid before the death of the ins... |
| Accelerated Endowment |
With respect to life insurance, some policies will offer an option to convert the policy into an ... |
| Accelerated Option |
With respect to life insurance, some policies will offer an option to convert the accumulated pol... |
| Accept |
The taking of risk (by an insurer or other person authorized to act for that insurer, such as an und... |
| Accident |
An event or occurrence that is unintended, unforeseen, and unexpected; something which could not be ... |
