Old Line Legal Reserve Company
Definition of "Old line legal reserve company"
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.
Popular Insurance Terms
Section of the insurance company that administers claims for the losses incurred by the insured. ...
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Procedure under which the ceding company (the primary or fronting company) cedes the risk it has underwritten to its reinsurer with the ceding company retaining none or a very small portion ...
Form of cash refund annuity used by contributory pension or employee benefit plans. When employee participants die before receiving all of their contributions in the form of retirement ...
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Factor considered in determining amount of life insurance to purchase in order that funds will be available to pay the emergency expenses following the death of a family member. ...
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Written contract between an insured and an insurance company stating the obligations and responsibilities of each party. ...
Individual in charge of an insurance company agency. The manager is an employee of the company and is usually compensated on a salary-and-bonus basis, the latter relating to premium volume ...
Comments for Old Line Legal Reserve Company
Wondering if you handle the Union LIfe Insurance Company owners of life insurance?
Jun 06, 2018 23:19:20Hey Virginia!
Jun 08, 2018 10:23:36Unfortunately, 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!
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