The Resource Center provides a glossary of insurance terms to help you understand the various insurance wordings that may appear in your quotes, cover notes & policies.
Glossary of Terms
Health Insurance
Life Insurance
Property and Casualty
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Home Service Industrial Insurance
See Industrial Life Insurance.
Home Service Life Insurance
See Industrial Life Insurance.
Home Service Ordinary
A monthly premium policy of Ordinary Life Insurance, not Industrial, with the premiums collected according to the debit system.
Human Life Value
A method of determining Life Insurance needs by considering a person’s income, expenses, remaining years of earning capacity, and depreciation in the value of the dollar over time.