Definitions
Term Definition
Face Amount
The sum a policy promises to pay when...See Full Definition
Face Insurance Amount
For a fixed-amount whole life insurance policy, the...See Full Definition
Facultative Reinsurance
A reinsurance policy that provides an insurer with...See Full Definition
Fair Access Insurance Plans - (FAIR)
Insurance pools that sell property insurance to people...See Full Definition
Family History
Information about medical or mental problems of your...See Full Definition
Family Insurance Coverage
A type of supplementary benefit rider offered in...See Full Definition
Farmowners' Insurance
Package policy that protects the policyholder against named...See Full Definition
Federal Funds
Reserve balances that depository institutions lend each other,...See Full Definition
Federal Insurance Administration - (FIA)
Federal agency in charge of administering the National...See Full Definition
Federal Reserve Board
Seven member board that supervises the banking system...See Full Definition
Fidelity Bond
A form of protection that covers policyholders for...See Full Definition
Fiduciary Bond
A type of surety bond, sometimes called a...See Full Definition
Fiduciary Insurance Liability
Legal responsibility of a fiduciary to safeguard assets...See Full Definition
File & Use Insurers
States where insurers must file rate changes with...See Full Definition
Financial Guarantee Insurance
Covers losses from specific financial transactions and guarantees...See Full Definition
