Life & Health Insurance Terms & Definitions?

Answer Life insurance and health insurance are two distinct products in the insurance industry. These intangible products share some common insurance terminology, but also have unique terms related to the... Read More »

Top Q&A For: Life & Health Insurance Terms & Definitions

The Definitions of an Embedded Deductible in Health Insurance?

Health insurance policies typically contain a deductible. A deductible is the amount of money you must pay out-of-pocket for your medical expenses before your insurance will cover the costs of your... Read More »

A Checklist for Adding a Baby to Health Insurance & Life Insurance?

If you're an expecting parent, prepare ahead of time for completing the process of adding your baby to your health insurance and life insurance policies. Most insurance carriers only offer a limite... Read More »

I need proper definitions for these terms.?

Generally, LAN is implementing in a buildings(limit 25 feets approx.)CAN(Campus Area Network) is implementing in 2 or 3 buildings near by. It is larger than LAN but smaller than MAN.MAN(Metro-polit... Read More »

Can a licensed insurance agent buy their own health and life insurance?

Yes and one of the benefits of buying insurance from the company you work for may be a reduced premium.