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Pro Rata

Pro rata is Latin for proportionate allocation; in insurance, pro rata involves the process of determining the amount of premium...

Front-End Load

An amount (of costs) that is charged at the beginning of an insurance policy rather than in smaller amounts spread...

Experience Adjustment

Broadly, it constitutes a change in considerations or benefits under an insurance contract that are applicable to all relevant risk...

Front-End Loaded

A situation where most of the management fees/ charges/ commissions (for underwriting, brokerage, and marketing, etc.) arising in connection with...

Acceleration Option

A life insurance policy provision which allows the policyholder to apply the accumulated cash value, as a single premium payment,...

Personal Property Floater

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Floater Insurance Policy

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Floater Policy

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Rider

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...

Floater

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...