Old Line Legal Reserve Company

Definition of "Old line legal reserve company"

Deborah Randazzo real estate agent

Written by

Deborah Randazzoelite badge icon

RE/MAX Palm Realty

Commercial life insurers that operate on the legal reserve system as opposed to fraternal life insurance companies, many of which now operate on a legal reserve basis.

Comments for Old Line Legal Reserve Company

Virginia Clements Virginia Clements said:

Wondering if you handle the Union LIfe Insurance Company owners of life insurance?

Jun 06, 2018  23:19:20

 
Real Estate Agent

Hey Virginia!
Unfortunately, no. Although we do talk a lot about insurance, because it matters (a lot!) to real estate owners, we only connect homeowners to real estate agents, not insurance companies. But maybe try to find a local real estate agent on our real estate agents directory; they might have good insights to your problem and connect you with the right people. Good luck!

Jun 08, 2018  10:23:36
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Same as term Disability Benefit: income paid under a disability policy that is not covered under workers compensation benefits. It is usually expressed as a percentage of the insured's ...

To which the original investment sums build at a stipulated interest rate. ...

Ordinary life insurance under which premiums are calculated so that the first few years of premiums are less than normal, and subsequent premiums are higher than normal. ...

Endorsement to a homeowners insurance policy or a personal automobile policy (pap) that covers physical damage to a snowmobile wherever it happens to be. Coverage can be on named peril or ...

Specific time at which the insurance policy coverage begins and ends. ...

Individual licensed to sell securities to the public. For example, to sell variable annuities and variable life insurance products and mutual funds, an insurance agent is required to pass ...

Insurance on the life of the employee, paid for by the company, with the company being the beneficiary under the policy. This insurance vehicle is being used more and more to fund ...

Coverage in which an applicant lot required to take a medical examination, instead answers written questions to ascertain his current physical condition. ...

Provision in many property insurance policies that allows an insured to pick coverage for selected perils. The choices are explosion; explosion, riot and civil commotion; explosion, riot ...

Popular Insurance Questions