Authorized Insurer
Definition of "Authorized insurer"
Insurance company that is licensed by a state to market and service particular lines of insurance in that state.
Popular Insurance Terms
Group insurance contract under which a periodic (usually monthly) disability income benefit is paid to the insured as long as he or she remains disabled. ...
Particular type of inland marine insurance. ...
Paid loss experience for the period of time from January 1 to December 31 of a specified year (not necessarily the current year). ...
Personal and business property insurance that combines in one policy several types of property insurance covering numerous perils. However, no liability insurance is provided. ...
Coverage required by the laws of a particular state. For example, many states stipulate minimum amounts of automobile liability insurance that must be carried. ...
Means of funding permitted under the employee retirement income security act of 1974 (ERISA). The administrator of a pension plan can comply with required minimum funding standards by ...
Vehicle for the deferring of unneeded current income for a later date, such as retirement, providing the following benefits: There is no tax on earnings of the plan until distributed; ...
Same as term Direct Response Marketing: method of selling insurance directly to insureds through a companies own employees, through the mail, or at airport booths. The company uses this ...
Coverage usually provided under the commercial general liability insurance (CGL); it can also be purchased separately. ...
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