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Loss of income insurance |
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Loss of income insuranceInsurance in which the insured is covered against loss of income.Loss of income insuranceInsurance coverage that will pay out income that a policyholder loses as a result of a disability, injury, or business disruption.Loss of income insurance Similar MatchesIndemnity insuranceIndemnity insuranceA policy which covers the insured against the loss of an asset. The purpose of the insurance is to place the insured in exactly the same financial state after a loss as he was in before the loss occurred. InsuranceInsuranceA contract in which payment of premiums covers the insured against something which may, or may not occur. For example motor insurance covers the insured against accidents which may occur. In the UK insurance is differentiated from assurance (life assurance) which is protection against something which will inevitably occur. Private Mortgage InsurancePrivate Mortgage InsuranceInsurance against a loss by a lender in the event of default by a borrower (mortgagor). The insurance is similar to insurance by a governmental agency such as FHA, except that it is issued by a private insurance company. The premium is paid by the borrower and is included in the mortgage payment. Single premium life insuranceSingle premium life insuranceA single payment for an insurance policy rather than regular premiums. Private Mortgage Insurance (PMI)Private Mortgage Insurance (PMI)Policy protecting the holder against loss resulting from default on a mortgage loan. Further Suggestionsinsurance policyinsurance broker Mortgage Insurance insurance premium Cost, insurance, freight War Risk Insurance Coinsurance Uninsured motorist insurance wedding insurance Title insurance Term life insurance Federal Deposit Insurance Corporation (FDIC) Contents insurance National Insurance (NI) Contributions universal life insurance uninsured motorist insurance liability insurance social security disability income insurance Savings Association Insurance Fund (SAIF) Group insurance Mortgage payment protection insurance (MPPI) accidental death insurance personal accident and sickness insurance endowment insurance private medical insurance |
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