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Simplified issue life insurance typically involves filling out a health questionnaire instead of undergoing a full medical exam. The questionnaire is generally brief, focusing on your overall ...
Casualty insurance is a defined term [1] which broadly encompasses insurance not directly concerned with life insurance, health insurance, or property insurance.. Casualty insurance is mainly liability coverage of an individual or organization for negligent acts or omissions. [2]
Accidental death insurance is a type of limited life insurance that is designed to cover the insured should they die as a result of an accident. "Accidents" run the gamut from abrasions to catastrophes but normally do not include deaths resulting from non-accident-related health problems or suicide.
Unlike other options, guaranteed life insurance, a form of whole life insurance, bypasses the need for a medical exam for approval. Guaranteed life insurance offers a number of unique characteristics.
The Fellow, Life Management Institute (FLMI) designation program, awards the FLMI designation to individuals who pass a series of 10 examinations; these insurance-focused examinations cover insurance, accounting, marketing, information systems, finance, law, management, and computers. [6]
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Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Company. [ 4 ] Unum is the top disability insurer in both the United States and United Kingdom [ 5 ] and also offers other insurance products including accident , critical illness and life insurance .
Subject to the "fortuity principle", the event must be uncertain. The uncertainty can be either as to when the event will happen (e.g. in a life insurance policy, the time of the insured's death is uncertain) or as to if it will happen at all (e.g. in a fire insurance policy, whether or not a fire will occur at all). [4]
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