Private Mortgage Insurance (PMI)


 

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Private Mortgage Insurance (PMI)

Policy protecting the holder against loss resulting from default on a mortgage loan.



Private Mortgage Insurance (PMI)

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Credit insurance

Credit insurance

Insurance against abnormal losses due to unpaid accounts receivable.


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An insurance policy taken out on the life of a company executive or senior employee whose death would cause significant loss to the company. In the event of such a death the proceeds of the policy would be payable to the company.


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Insurance guarding against damage or loss that the policyholder, may cause another person in the form of bodily injury or property damage.


Nonparticipating life insurance policy

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Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid.


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Insurance that covers the policyholder and family if they are injured by a hit-and-run or uninsured motorist, assuming the other driver is at fault.


Further Suggestions

contract of insurance
Insurance claim
Disability income insurance
Title insurance
casualty insurance
Title insurance
indemnity insurance
third party insurance
bank insurance fund
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participating life insurance
Accident, Sickness and Unemployment insurance
long term care insurance
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accident insurance
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first death insurance
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liability insurance
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group insurance
Insurance agent


 
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