waiver (exclusion endorsement): An agreement, attached to the policy and accepted by the insured, to eliminate a specified preexisting physical condition or specified hazard.
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Author: FastInsurance24.com
Properties
Telephone:323-937-1060
Reseller or Type:Type of Insurance
Type:Auto
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Details: Mercury General (NYSE-MCY) is one of the fastest growing major automobile insurers in the nation, and is the leading independent agency writer of automobile insurance in California, accounting for over 5% of the largest automobile insurance market in the nation.
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waiting period: In order to become eligible for coverage under some group health and disability insurance policies, an individual must satisfy a certain number of continuous days of service as an active, full-time employee. This is known as the waiting period. (In addition, a waiting period can also be the time period between when a disability occurs and when payments from the disability insurance policy begin.)
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Properties
Telephone:206-545-5000
Reseller or Type:Type of Insurance
Type:Auto
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Details: SAFECO, in business since 1923, is a Fortune 500 diversified financial services company based in Seattle. Its more than 17,000 partners, including agents, brokers, investment advisors, and wholesalers, together provide premier insurance and financial services through a variety of channels, including the Internet, to individual and business customers.
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variable life insurance: True investment characteristics were introduced with these policies, requiring that they be registered with the U.S. Securities and Exchange Commission. Policy investments are controlled by the policyholder and may be placed in a broad range of equity, bond and money-market instruments. Unlike universal life, premiums and death benefits are fixed in variable life policies.
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Telephone:860-525-8555
Reseller or Type:Type of Insurance
Type:Auto
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Details: The Hartford offers multiple ways to purchase insurance, each with distinct benefits.
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variable annuity: An annuity contract under which the monthly payments will vary because they are linked to the values of investments, such as common stocks. This contrasts with the fixed dollar annuity, which guarantees a fixed amount monthly.
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Properties
Telephone:800-521-2773
Reseller or Type:Type of Insurance
Type:Auto
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Details: American International Group, Inc. (AIG) is the leading U.S. based international insurance organization and the largest underwriter of commercial and industrial coverage in the United States. Its member companies write property, casualty, marine, life, and financial lines insurance in approximately 130 countries and jurisdictions, and are engaged in a range of financial services and asset management businesses.
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vanishing premium: When a life insurance policy rapidly builds cash value, sometimes the value is sufficient enough to pay the premiums. So, given a certain amount of time, no more premium payments are necessary. This is also known as a “premium offset.” In illegal “vanishing premium” schemes, an agent promises that the premium will vanish but it doesn’t.
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Properties
Telephone:800-USA-PETS
Reseller or Type:Type of Insurance
Type:Pet and Livestock
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Details: Founded in 1980 by Dr. Jack Stephens with the support of 750 independent veterinarians, Veterinary Pet Insurance, Anaheim, Calif., is the nation’s number-one medical insurance for dogs and cats. Veterinary Pet Insurance policies make the miracles of veterinary medicine affordable by covering more than 6,400 medical treatments for accidents and illnesses, with optional coverage available for preventive and routine care. Policies are licensed in all 50 states and the District of Columbia. Exclusively endorsed by the American Humane Association, Veterinary Pet Insurance enjoys an 82 percent renewal rate and has issued more than 1 million policies. Veterinary Pet Insurance policies are underwritten by Veterinary Pet Insurance Co. in California. Elsewhere, policies are underwritten by National Casualty Co., an A+15 rated company.
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