Captive Insurance Company
An insurer established and owned by a non-insurance parent company (or group of companies) to insure the risks of its owner(s). Captives are a form of self-insurance …
Captive Insurance Company Read MoreAuthor: Naing
Hybrid Life/LTC Policies
Products that combine a life insurance or annuity contract with a long-term care rider. If LTC services are needed, the benefits are pulled from the policy’s death benefit; …
Hybrid Life/LTC Policies Read MoreLegal Insurance: Your Everyday Legal Lifeline
What Is Legal Insurance? Legal insurance is a type of protection plan that helps you cover legal fees, advice, and representation when you face legal issues.Just like health insurance covers …
Legal Insurance: Your Everyday Legal Lifeline Read MoreLegal Insurance: The Smartest Way to Protect Your Rights
What Is Legal Insurance? Legal insurance — sometimes called legal protection coverage — is a type of policy that helps you manage the cost of legal services.Instead of paying expensive …
Legal Insurance: The Smartest Way to Protect Your Rights Read MoreLegal Insurance: Your Key to Affordable Legal Support
What Is Legal Insurance? Legal insurance is a modern solution that helps individuals, families, and businesses access legal help without breaking the bank.By paying a small monthly or yearly premium, …
Legal Insurance: Your Key to Affordable Legal Support Read MoreAssigned Risk Pool/Facility
Mechanisms established by a government or industry for individuals or businesses that are unable to obtain coverage in the voluntary market due to high risk (e.g., high-risk drivers, …
Assigned Risk Pool/Facility Read MoreHybrid Life/LTC Policies
Products that combine a life insurance or annuity contract with a long-term care rider. If LTC services are needed, the benefits are pulled from the policy’s death …
Hybrid Life/LTC Policies Read MoreLong-Term Care (LTC) Insurance
A policy designed to cover the costs of services required when an individual can no longer perform a certain number of Activities of Daily Living (ADLs), such …
Long-Term Care (LTC) Insurance Read MoreInternational Financial Reporting Standard 17 (IFRS 17)
The global accounting standard for insurance contracts (effective 2023). It requires companies to measure insurance liabilities at current value, providing greater transparency on profitability and risk
International Financial Reporting Standard 17 (IFRS 17) Read MoreLegal Insurance: Your Everyday Partner for Legal Peace of Mind
What Is Legal Insurance? Legal insurance, also known as legal protection insurance, is a simple plan that helps cover your legal costs when you need advice, assistance, or representation.Instead of …
Legal Insurance: Your Everyday Partner for Legal Peace of Mind Read More