Stock insurance company


 

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Stock insurance company

An insurance company owned by a group of stockholders, who are not necessarily policyholders.



Stock insurance company

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Credit insurance

Credit insurance

Insurance against abnormal losses due to unpaid accounts receivable.


Federal Insurance Contributions Act

Federal Insurance Contributions Act

In the US, the federal law which directs employers to withhold a proportion of employees' salaries for payment to the government in order to provide future pension and other social security benefits.


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Insurance that pays out the full amount required to ../../finance-glossary/ damaged property with new property, without taking into account the depreciated value of the property.


Accident insurance

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Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings. If, for example, the insured sustains the loss of a limb or an eye, a specified lump sum is payable.


Homeowners insurance

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A form of property insurance which provides cover against such items as damage to the building, personal property, theft, personal liability etc.


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casualty insurance
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personal accident and sickness insurance
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third party insurance
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Life insurance policy
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loss of income insurance
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uninsured motorist insurance
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long term care insurance
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group insurance
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