Insurance Glossary
Our Glossary of Insurance Terms
Here’s a detailed glossary of insurance and financial industry terms. We frequently update our glossary so check back if you don’t find what you’re looking for today.
Glossary of Insurance Terms
- Accelerated Death Benefit
- Actual Cash Value (ACV)
- Annuity
- Asset
- Beneficiary
- Beneficiary Designation
- Bond
- Burial Insurance
- Cash Accumulation
- Cash Value
- Claim
- Contingent Beneficiary
- Coverage
- Death Benefit
- Deductible
- Disability Waiver of Premium
- Disability Waiver of Premium
- Dividend
- Endorsement
- Equity
- Estate Planning
- Excess Interest
- Exclusion
- Face Amount
- Fiduciary
- Free Look Period
- Grace Period
- Grace Period
- Guaranteed Insurability Rider
- Guaranteed Issue
- Health Questionnaire
- Health Savings Account (HSA)
- High-Risk Applicant
- Homeowners Insurance
- Indemnity
- Inflation Protection
- Insurability
- Insurance Rider
- Joint and Survivor Annuity
- Joint Life Insurance
- Juvenile Insurance
- Keogh Plan
- Key Person Insurance
- Key Person Insurance
- Lapse
- Lapse in Coverage
- Level Premium
- Liability Insurance
- Medical Information Bureau (MIB)
- Medical Underwriting
- Modified Endowment Contract (MEC)
- Mutual Insurance Company
- Named Insured
- No-Fault Insurance
- No-Lapse Guarantee
- Non-Participating Policy
- Out-of-Pocket Maximum
- Overhead Insurance
- Ownership Rights
- Permanent Life Insurance
- Policy Loan
- Premium
- Primary Beneficiary
- Qualified Plan
- Quote
- Renewability Clause
- Replacement Cost
- Rider
- Risk
- Simplified Issue Life Insurance
- Subrogation
- Surrender Charge
- Surrender Value
- Term Conversion
- Term Life Insurance
- Trust
- Two-Tier Annuity
- Umbrella Insurance
- Underwriter
- Underwriting
- Uninsurable Risk
- Variable Annuity Sub-Account
- Variable Life Insurance
- Vesting
- Void Policy
- Waiting Period
- Waiver of Premium
- Whole Life Insurance
- Whole Life Paid-Up Additions
- Yield
- Yield Curve
- Zero-Coupon Bond
- Zero-Day Waiting Period