insurance premium payment
41insurance — in•sur•ance [[t]ɪnˈʃʊər əns, ˈʃɜr [/t]] n. 1) bus the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, in return for payment 2) bus coverage by contract in which one …
42premium — 1. noun A regular payment of *money to pay for an insurance policy. A premium is a form of *consideration. 2. noun An amount added to a basic or established *cost or *price. Examples include (i) an excess paid over the *par value of *common stock …
43premium receipt — The receipt given by an insurance company upon receiving payment of a premium upon a policy. See interim receipt …
44premium note — noun : a note given by the insured in payment of all or a portion of the premium on an insurance policy …
45Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …
46Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… …
47Vehicle insurance — Vehicle insurance, in exchange for a premium, will pay valid claims arising out of traffic collisions Vehicle insurance (also known as auto insurance, gap insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks,… …
48Universal life insurance — Universal Life is a type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value. The cash value is credited each… …
49Mortgage insurance — For information on insurance guaranteeing payment of the mortgage in the event of death or disability, see mortgage life insurance. Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors …
50Health Insurance Portability and Accountability Act — The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers… …
