Know the terms In Insurance
The terms in insurance has its own meaning elusive by the common people. The following explanation at least give some idea about the insurance terms that may be in intreprestasikan vary between insurance companies:
1. Agent
Agents are people who are tied with the insurance company that oppressed to find customers, negotiate the terms of the policy, and serves policyholders.
2. Annuity
Annuity is a series of periodic payments granted to the insurance company annuity policyholders. Annuity is a term for people whose age is used as a benchmark in the calculation of annuity policy benefits.
Know the terms In Insurance
3. Actuaries
The term for people who have undergone professional training in various technical aspects of insurance. Actuaries have a responsibility to estimate how the amount of funds required in the form of premiums or pension contributions for long-term payments. Actuary is a unit where the actuary work.
4. Bancassurance
Bancassurance is a distribution method of insurance sales by using the bank as a channel which is generally used as a marketing target bank customers. Bancassurance also refers to the fusion of banking and insurance services in one place.
5. Bancatafakul
Bancatafakul is a distribution method that uses Takaful Islamic bank as a distributor. This method is generally used as a marketing target bank customers.
6. Proposal
Proposal in terms of insurance are the explanations made by the insurance company about the benefits of insurance money that is secured in a group insurance program. Proposals are usually offered to each participant along with the amount of the premium and the terms of the principal syarta coverage. The proposal is often referred to as a group insurance quotation.
7. Policy
Insurance policy is an agreement between the insurer by the policyholder as well as other documents that constitute an inseparable unity with the insurance agreement. The insurance policy is often referred to as the policy contract.
8. Provisions Polis
Policy provisions are the statements contained in the insurance policy, in which explain the procedure and terms of insurance contacts.
9. Premiums
The insurance premium is an amount of money as stated in the policy approved by the policyholder to be paid to the Integration insurance policy in accordance with the agreement in order to remain active. The first premium, advanced premium, renewal premiums, and premiums policy changes are the kinds of premiums.
10. Risk
In terms of insurance risk is a loss that can be incurred by the insured individual.
11. The Commission
Commission in insurance terms is defined as a part of the premium that is then paid to agents or other salespeople as remuneration in obtaining and serving policy.
12. Claims
In terms of insurance claims be interpreted as a request or guidance of benefit payments in accordance with the provisions stipulated in the insurance policy.
13. Lapse
Lapse in insurance terms is defined as the cancellation or termination of the effective period of the policy because the premium is not paid after melewatimasa grace.
14. Dependents
Dependents in terms of insurance is a husband, wife, child, or other family members who legitimately listed in the policy.
15. Insured
Insured in insurance terms is a person or group of persons insured risk in the insurance contract.
16. Sum Insured
Sum insured in the insurance is the amount of money the insurance company's obligation to replace all or most of the financial losses that occur on the insured, as mentioned in the policy.
17. Term Insurance or Insurance Futures
Term insurance is an insurance policy with coverage period specified or not a lifetime.
18. Life Insurance or Whole Life Insurance
Whole life insurance is life insurance policies that provide coverage for life, this insurance often called permanent insurance.
19. Grace Period
Grace Period in insurance is the period of time after the due date of advanced premium, where the premium is payable without any payment of interest being insured still in force (in which the status of active insurance policies and legally binding). The grace period varies depending on the type of policy and the payment stage.
20. Wait Period
Wait for the insurance period in a certain period after the policy is issued, which insured health costs are not covered by the policy. The length of the waiting period is six months to two years and applies only to the cost of health because the disease is not due to an accident.
Hopefully the information above regarding "istalah-term insurance" can increase your knowledge in the field of insurance.
1. Agent
Agents are people who are tied with the insurance company that oppressed to find customers, negotiate the terms of the policy, and serves policyholders.
2. Annuity
Annuity is a series of periodic payments granted to the insurance company annuity policyholders. Annuity is a term for people whose age is used as a benchmark in the calculation of annuity policy benefits.
Know the terms In Insurance
3. Actuaries
The term for people who have undergone professional training in various technical aspects of insurance. Actuaries have a responsibility to estimate how the amount of funds required in the form of premiums or pension contributions for long-term payments. Actuary is a unit where the actuary work.
4. Bancassurance
Bancassurance is a distribution method of insurance sales by using the bank as a channel which is generally used as a marketing target bank customers. Bancassurance also refers to the fusion of banking and insurance services in one place.
5. Bancatafakul
Bancatafakul is a distribution method that uses Takaful Islamic bank as a distributor. This method is generally used as a marketing target bank customers.
6. Proposal
Proposal in terms of insurance are the explanations made by the insurance company about the benefits of insurance money that is secured in a group insurance program. Proposals are usually offered to each participant along with the amount of the premium and the terms of the principal syarta coverage. The proposal is often referred to as a group insurance quotation.
7. Policy
Insurance policy is an agreement between the insurer by the policyholder as well as other documents that constitute an inseparable unity with the insurance agreement. The insurance policy is often referred to as the policy contract.
8. Provisions Polis
Policy provisions are the statements contained in the insurance policy, in which explain the procedure and terms of insurance contacts.
9. Premiums
The insurance premium is an amount of money as stated in the policy approved by the policyholder to be paid to the Integration insurance policy in accordance with the agreement in order to remain active. The first premium, advanced premium, renewal premiums, and premiums policy changes are the kinds of premiums.
10. Risk
In terms of insurance risk is a loss that can be incurred by the insured individual.
11. The Commission
Commission in insurance terms is defined as a part of the premium that is then paid to agents or other salespeople as remuneration in obtaining and serving policy.
12. Claims
In terms of insurance claims be interpreted as a request or guidance of benefit payments in accordance with the provisions stipulated in the insurance policy.
13. Lapse
Lapse in insurance terms is defined as the cancellation or termination of the effective period of the policy because the premium is not paid after melewatimasa grace.
14. Dependents
Dependents in terms of insurance is a husband, wife, child, or other family members who legitimately listed in the policy.
15. Insured
Insured in insurance terms is a person or group of persons insured risk in the insurance contract.
16. Sum Insured
Sum insured in the insurance is the amount of money the insurance company's obligation to replace all or most of the financial losses that occur on the insured, as mentioned in the policy.
17. Term Insurance or Insurance Futures
Term insurance is an insurance policy with coverage period specified or not a lifetime.
18. Life Insurance or Whole Life Insurance
Whole life insurance is life insurance policies that provide coverage for life, this insurance often called permanent insurance.
19. Grace Period
Grace Period in insurance is the period of time after the due date of advanced premium, where the premium is payable without any payment of interest being insured still in force (in which the status of active insurance policies and legally binding). The grace period varies depending on the type of policy and the payment stage.
20. Wait Period
Wait for the insurance period in a certain period after the policy is issued, which insured health costs are not covered by the policy. The length of the waiting period is six months to two years and applies only to the cost of health because the disease is not due to an accident.
Hopefully the information above regarding "istalah-term insurance" can increase your knowledge in the field of insurance.
0 Response to "Know the terms In Insurance"
Post a Comment
Comments and opinions given visitor does not represent this site. The debate is not allowed, give comments smart to build this blog, thank you.