Insurance Financial Glossary

What is it? Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.

Finance Term Definition Added By: Evan

The Insurance definition has been viewed 2573 Time(s)!

Send To Friends!

If you'd like to send the Insurance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Insurance. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Loan Terms is The conditions that specify how a loan will be repaid and a borrowers obligations until the loan is repaid. Some common loan terms include interest rate, fees charged and the length of the loan.

Financial Term Radon is A radioactive gas found in some homes that, if occurring in strong enough concentrations, can cause health problems.

Financial Term Pension is Money you get after you retire, usually either from the government or your previous employer/s.

Financial Term Risk Premium is Additional return, over the risk-free rate, to compensate investors for accepting (holding) risk.

Financial Term Security interest is An interest in property, other than real estate, which is given as security for a debt or other obligation. A security interest is created by execution of a security agreement and one or more financing statements under the Uniform Commercial Code.