Properties
Telephone:800-847-6442
Reseller or Type:Type of Insurance
Type:Auto
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Details: NGIC offers quality vehicle insurance protection to safe drivers. Auto, RV, motorcycle insurance and more.
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residual disability benefits: A provision that provides benefits in proportion to a reduction of earnings as a result of disability, as opposed to the inability to work fulltime.
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Properties
Telephone:888-2643556
Reseller or Type:Type of Insurance
Type:Auto
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Details: Auto-Owners Insurance was founded in 1916 and is one of the largest insurers in the country. They consistently receive the highest rankings in growth, financial stability and claims service.
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reserves by line: Percentage distribution of net reserves for life and accident & health policies. The category labeled “other” includes supplementary contracts with life contingencies, accidental death, disability, and miscellaneous reserves for life policies.
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Properties
Telephone:212-576-7000
Reseller or Type:Type of Insurance
Type:Life
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Details: New York Life, including its subsidiaries, is a Fortune 100 company, with over $84 billion in assets under management and over $2 billion in annual revenues.
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reserve: The amount required to be carried as a liability in the financial statement of an insurer to provide for future commitments under policies outstanding.
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replacement vs. actual cash value: The actual cash value of an item can be depressingly small after only a brief period of ownership. And, if your homeowner’s coverage entitles you to only the actual cash value of any damaged property, you could be out of luck when you go to replace the property with only your claim check as payment. Replacement-cost coverage permits you to claim the cost of replacing an insured item. Its most important use is on your home and, secondly, the personal property in your home.
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rental reimbursement: A common auto insurance add-on, this covers vehicle rentals required because your car is damaged or stolen.
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renewal: Continuance of coverage beyond original terms signified by acceptance of a premium payment for a new term.
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renewable term insurance: Term insurance providing the right to renew at the end of the term for another term or terms, without evidence of insurability. The premium rates increase at each renewal as the age of the insured increases.
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