Purchase of additional benefits or cover on the existing policy.

An insurance policy extended to cover additional risks like riots, strikes etc. on payment of…

An entity (person or company) not originally included under the insurance policy, but is included…

An interest rate that changes based on the changes in a published market-rate index.

A representative of the insurer who seeks to determine the extent of the insurer’s liability…

Costs related to the operations of the health insurance. This included costs incurred in marketing…

Assets permitted by state law to be included in an insurance company’s annual statement. They…

It occurs when those who anticipate needing healthcare choose to buy insurance more often than…

Stipulated minimum and maximum ages below and above which the company will not accept applications…

Stipulated minimum and maximum ages below and above which the insurance company will not accept…