universal life insurance: Unlike traditional cash-value policies (known as “whole life”), universal life policy returns were freed from long-term, fixed-rate contracts and replaced with policies whose returns were tied to short-term interest rates and periodically adjusted. In addition, premiums and death benefits can be changed by the policyholder.
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Telephone:800-564-6222
Reseller or Type:Type of Insurance
Type:Home
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Details: AAA is a federation of 98 motor clubs providing its more than 40 million members in the United States and Canada with a full line of travel, financial, insurance and automotive-related services.
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uninsured/underinsured motorists coverage: In the best of all possible worlds, everyone would have adequate auto liability coverage. But there are people who drive around (often illegally) with no insurance or not enough insurance. If one of these folks happens to cause an accident, you might not be able to collect damages. Uninsured/underinsured motorists coverage — usually called UM/UIM coverage — will pay bodily injury costs caused by an uninsured or underinsured motorist. ItÆs a required coverage in some states, and a prudent coverage anywhere. Usually, the limits are the same as the bodily injury portion of your auto liability coverage. UM/UIM coverage can supplement the benefits you can receive under a no-fault system.
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Telephone:800-227-1700
Reseller or Type:Type of Insurance
Type:Business
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Details: As a core member company of the Allianz Group, Fireman’s Fund Insurance Company recently received A.M. Best Company’s highest rating of A++ (Superior). Allianz is the second-largest insurer in the world, with gross premiums written approximating $50 billion.
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uninsurables: High-risk persons who do not have health care coverage through private insurance and who fall outside the parameters of risks of standard health underwriting practices.
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Telephone:800-525-9287
Reseller or Type:Type of Insurance
Type:Life
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Details: Lincoln Benefit Life Company has experienced rapid growth since 1984. We have been specially selected by Allstate Life to develop competitively priced insurance and annuity products for distribution through independent agents-a strategy that has been extraordinarily successful.
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unearned premium reserve: A reserve equal to an amount of net premium written but not yet earned.
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Telephone:800-743-5837
Reseller or Type:Type of Insurance
Type:Auto
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Details: Shelter is now one of the nation’s most successful and financially sound regional insurance groups, including an international reinsurance operation. It grew from a single-line, single-state insurer into a multiple-line company with 1,300 agents in 13 midwestern states
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unearned premium: That portion of a premium already received by the insurer for which protection has not yet been provided.
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underwriting profitability ratio: The ratio of net earned premiums less underwriting expenses and losses divided by net earned premiums.
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