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Definitions
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Term
Definition
A-Class Variable Annuity
A form of variable annuity contract where the
...See Full Definition
Accelerated Death Benefit
A policy provision or rider that lets you
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Accelerated Death Benefits
A life insurance policy option that provides policy
...See Full Definition
Accidental Death
A provision or rider that promises to pay
...See Full Definition
Accidental Death & Dismemberment
A supplementary life insurance policy benefit that provides
...See Full Definition
Actual Cash Value
The cost of replacing an item of property,
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Actuary
A mathematics expert who applies probability theory to
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AD&D
AD&D, which stands for Accidental Death and Dismemberment,
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Additional Insured
Any individual or organization, other than the policyholder,
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Additional Interest
A person or other entity (i.e. a corporation)
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Additional Interest Insured
A lienholder, leasing company or person (i.e., a
...See Full Definition
Additional Living Expenses
Extra charges covered by homeowners policies over and
...See Full Definition
Adjuster
An employee or representative of the insurance company
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Administrative Fee
Charges some policies deduct from cash value accumulation
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Admitted Assets
Assets recognized and accepted by state insurance laws
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Definitions
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