Exam terms
New York Life & Health Insurance License exam terms
953 terms to know, grouped by exam module. Each links to its definition and the lesson that uses it.
Insurance regulation
- Adverse action notice Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Aiding an unauthorized insurer Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Annual statement Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Appointment Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Authorized insurer Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Biennial licensing period Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Business of insurance Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Capital and surplus Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Captive agent Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Carry-forward Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Cease-and-desist order Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Certificate of authority Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments, New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Certification of compliance Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Chief Information Security Officer Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Civil penalty for fraud Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Commingling Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134), New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Compensation Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Conservation proceeding Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Consumer Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Consumer report Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Continuing education Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Controlled business Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Covered entity Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Cybersecurity incident Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Defamation Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Defined violation Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Department of Financial Services Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Determined violation Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Embezzlement Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Excess line broker Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Fair Credit Reporting Act Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- False advertising Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Fee memorandum Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Fiduciary capacity Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134), New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Financial examination Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Financial Frauds and Consumer Protection Unit Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Fraud prevention plan Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Fraud warning Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Fraudulent insurance act Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Gramm-Leach-Bliley Act Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Health claims payment report Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Initial disclosure Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Insurance agent Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136)
- Insurance broker Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments, New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Insurance customer Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Insurance Frauds Prevention Act Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Insurance producer Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136)
- Insurer assessment Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Investigative consumer report Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Life and accident and health agent Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136)
- Life settlement broker Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Limited exemption Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Limited or specialty license Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Line of authority Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136)
- Liquidation Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Managing general agent Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Medical Information Bureau Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Misappropriation Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Misrepresentation Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Nature and scope disclosure Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Non-resident license Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Nonaffiliated third party Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Nonpublic personal information (NPI) Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Notice and hearing Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Opt-in Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Opt-out Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Part 500 Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- PrEP prescription Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Privacy notice Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Prohibited person Used in Fair Credit Reporting Act and federal insurance fraud crimes, including the 18 U.S.C. 1033 consent
- Property and casualty agent Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136)
- Rebating Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating, New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Regulation 169 Used in New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500)
- Regulation 194 Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Rehabilitation Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Reporting immunity Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Reserves Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Revocation Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Risk-based capital Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Section 2324 Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Section 4224 Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Special investigations unit Used in New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Sub-licensee Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136)
- Summary revocation Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Superintendent of Financial Services Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments, New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Suspension Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Temporary license Used in New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136), New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
- Title insurance agent Used in New York licensee regulation: controlled business, commissions, fiduciary duty, records, and compensation transparency (Reg 194)
- Twisting Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Unauthorized insurer Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134), New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments, New York Insurance Frauds Prevention Act and aiding unauthorized insurers (Ins. Law 401-405, 2117)
- Unfair claims practices Used in New York Superintendent's powers and insurer regulation: certificate of authority, solvency, claim practices, and agent appointments
- Unfair discrimination Used in New York unfair and prohibited practices: misrepresentation, false advertising, defamation, unfair discrimination, and rebating
- Verified complaint Used in New York license maintenance, continuing education, and disciplinary actions (Ins. Law 2103, 2110, 2127, 2132, 2134)
General insurance
- Accredited reinsurer Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Actual authority Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Admitted insurer Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Adverse selection Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Agency contract Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Aleatory contract Used in Insurance contract law and its unique characteristics
- Alien insurer Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Apparent authority (insurance) Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Appointment Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Assuming insurer Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Authority to bind coverage Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Avoidance Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Catastrophic loss Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Ceding insurer Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Commingling Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Competent parties Used in Insurance contract law and its unique characteristics
- Concealment Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Conditional contract Used in Insurance contract law and its unique characteristics
- Consideration Used in Insurance contract law and its unique characteristics
- Contract of adhesion Used in Insurance contract law and its unique characteristics
- Contract of indemnity Used in Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Demutualization Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Direct loss Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Direct writing Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Domestic insurer Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Entire contract provision Used in Insurance contract law and its unique characteristics
- Estoppel (insurance) Used in The law of agency: the insurer as principal and express, implied, and apparent authority, Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Excess of loss reinsurance Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Exclusive agency system Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Exposure Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Express authority Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Facultative reinsurance Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Fiduciary capacity Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Financial rating Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Foreign insurer Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Fortuitous event Used in Insurance contract law and its unique characteristics
- Fraternal benefit society Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Fraud (insurance) Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Hazard Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Homogeneous exposure units Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Implied authority Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Independent agency system Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Indirect loss Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Insurable interest Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Insurance broker Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Insurer counteroffer Used in Insurance contract law and its unique characteristics
- Law of large numbers Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Legal purpose Used in Insurance contract law and its unique characteristics
- Lloyd's association Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Loss Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Managing general agent Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Material fact (insurance) Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Material misrepresentation Used in Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Moral hazard Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Morale hazard Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Mutual company Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Nonadmitted insurer Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Nonparticipating policy Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Offer and acceptance Used in Insurance contract law and its unique characteristics
- Participating policy Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Peril Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Personal contract Used in Insurance contract law and its unique characteristics
- Physical hazard Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Policy dividends Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Pooling Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Principal (insurance) Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Principle of indemnity Used in Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Producer errors and omissions insurance Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Proportional reinsurance Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Pure risk Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk, Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Ratification (insurance) Used in The law of agency: the insurer as principal and express, implied, and apparent authority
- Reciprocal (interinsurance) exchange Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Reduction Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Reinsurance Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Representation Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Rescission Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Retention Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Retrocession Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Risk Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Risk retention group Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Sharing Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Speculative risk Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk, Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Standard risk Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Stock insurer Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Subrogation Used in Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Substandard risk Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Surplus lines broker Used in Insurer types, admitted and domicile status, financial ratings, and distribution systems
- Surplus to policyholders Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Transfer Used in Risk, exposure, hazard, peril, and loss, and the methods of handling risk
- Treaty reinsurance Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Underwriting Used in Elements of insurable risk, adverse selection, the law of large numbers, and reinsurance
- Unilateral contract Used in Insurance contract law and its unique characteristics
- Utmost good faith Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Valued contract Used in Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Voidable contract Used in Insurance contract law and its unique characteristics
- Waiver Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
- Warranty Used in Insurance contract law and its unique characteristics, Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel
Life insurance basics
- Actual delivery Used in Policy delivery and explaining the contract to the client
- Administrative insertion Used in Application mechanics: signatures, changes, and incomplete applications
- Adverse action notice Used in Sources of insurability and HIPAA privacy disclosures
- Adverse selection Used in Underwriting: insurable interest, medical information, and risk classification
- Adverse underwriting decision Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Age nearest birthday Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Annual renewable term Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Application Used in Sources of insurability and HIPAA privacy disclosures, Application mechanics: signatures, changes, and incomplete applications, Policy delivery and explaining the contract to the client
- Approval-type receipt Used in Collecting the initial premium and issuing the receipt
- Assumed interest rate Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Attending physician's statement Used in Underwriting: insurable interest, medical information, and risk classification, Sources of insurability and HIPAA privacy disclosures
- Authorized insurer Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Avocation Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Backdating Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Best interest standard Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Binding receipt (temporary insurance agreement) Used in Collecting the initial premium and issuing the receipt
- Blackout period Used in Life insurance needs analysis for individuals and businesses
- Burial insurance Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Buy-sell agreement Used in Life insurance needs analysis for individuals and businesses
- Buyer's Guide Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Capital liquidation Used in Life insurance needs analysis for individuals and businesses
- Capital retention Used in Life insurance needs analysis for individuals and businesses
- Captive producer disclosure Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Cash value Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Commingling Used in Collecting the initial premium and issuing the receipt
- Conditional receipt (insurability type) Used in Collecting the initial premium and issuing the receipt
- Conservation proceeding Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Constructive delivery Used in Policy delivery and explaining the contract to the client
- Consumer report Used in Sources of insurability and HIPAA privacy disclosures
- Conversion privilege Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating, New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Cost index Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Cost of insurance Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Credit life insurance Used in Life insurance needs analysis for individuals and businesses
- Cross-purchase plan Used in Life insurance needs analysis for individuals and businesses
- Decreasing term Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Definition of Replacement Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Delivery Used in Policy delivery and explaining the contract to the client
- Delivery receipt Used in Policy delivery and explaining the contract to the client
- Dependency period Used in Life insurance needs analysis for individuals and businesses
- Disclosure Statement Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Dividend accumulation Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Entire contract provision Used in Application mechanics: signatures, changes, and incomplete applications
- Entity plan Used in Life insurance needs analysis for individuals and businesses
- Equity index account Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Executive bonus plan Used in Life insurance needs analysis for individuals and businesses
- Existing insurer Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Expense loading Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Extended free look Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Fair Credit Reporting Act Used in Sources of insurability and HIPAA privacy disclosures
- Fiduciary capacity Used in Collecting the initial premium and issuing the receipt
- Field underwriter Used in Underwriting: insurable interest, medical information, and risk classification
- Final expenses Used in Life insurance needs analysis for individuals and businesses
- FINRA Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Fixed life insurance Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Flat extra Used in Underwriting: insurable interest, medical information, and risk classification
- Free look Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77), New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74), New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Free-look period Used in Policy delivery and explaining the contract to the client
- General account Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Grace period Used in Policy delivery and explaining the contract to the client
- Gross premium Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Group certificate Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Group life insurance Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Guaranty assessment Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Guaranty association Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- HIPAA Used in Sources of insurability and HIPAA privacy disclosures
- HIPAA authorization Used in Sources of insurability and HIPAA privacy disclosures, Application mechanics: signatures, changes, and incomplete applications
- HIPAA covered entity Used in Sources of insurability and HIPAA privacy disclosures
- HIV-related test Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Human life value approach Used in Life insurance needs analysis for individuals and businesses
- Illustration Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Impaired insurer Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Important Notice Regarding Replacement Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- In-force transaction Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Incomplete application Used in Application mechanics: signatures, changes, and incomplete applications
- Incomplete comparison Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Incontestability Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Incontestable clause Used in Policy delivery and explaining the contract to the client
- Initial premium Used in Collecting the initial premium and issuing the receipt
- Insurability (approval-of-insurability) receipt Used in Collecting the initial premium and issuing the receipt
- Insurable interest Used in Underwriting: insurable interest, medical information, and risk classification
- Insurer counteroffer Used in Collecting the initial premium and issuing the receipt, Policy delivery and explaining the contract to the client
- Interim coverage Used in Collecting the initial premium and issuing the receipt
- Internal replacement Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Investigative consumer report Used in Underwriting: insurable interest, medical information, and risk classification, Sources of insurability and HIPAA privacy disclosures
- Key person insurance Used in Life insurance needs analysis for individuals and businesses
- Lapse rate Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Level term Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Life and Health Insurance Company Guaranty Corporation Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Limited-pay whole life Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Liquidation Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Master policy Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Material fact (insurance) Used in Application mechanics: signatures, changes, and incomplete applications
- Medical Information Bureau Used in Underwriting: insurable interest, medical information, and risk classification, Sources of insurability and HIPAA privacy disclosures
- Member insurer Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Misappropriation Used in Collecting the initial premium and issuing the receipt
- Misrepresentation Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Mode factor Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Mortality Used in Underwriting: insurable interest, medical information, and risk classification, Life insurance premium factors: mortality, investment return, expense, and premium mode
- Mortality table Used in Underwriting: insurable interest, medical information, and risk classification, Life insurance premium factors: mortality, investment return, expense, and premium mode
- Needs analysis Used in Life insurance needs analysis for individuals and businesses
- Needs approach Used in Life insurance needs analysis for individuals and businesses
- Net premium Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Non-guaranteed elements Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Nonparticipating policy Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Notice of information practices Used in Sources of insurability and HIPAA privacy disclosures
- Numerical rating system Used in Underwriting: insurable interest, medical information, and risk classification
- Paid-up additions Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Paramedical exam Used in Sources of insurability and HIPAA privacy disclosures
- Participating policy Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Permanent insurance Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Permissible purpose Used in Sources of insurability and HIPAA privacy disclosures
- Policy amendment Used in Application mechanics: signatures, changes, and incomplete applications, Policy delivery and explaining the contract to the client
- Policy dividends Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating, Life insurance premium factors: mortality, investment return, expense, and premium mode
- Policy Summary Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Policyowner Used in Application mechanics: signatures, changes, and incomplete applications
- Preferred risk Used in Underwriting: insurable interest, medical information, and risk classification
- Preliminary information Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Premium payment mode Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Premium receipt Used in Collecting the initial premium and issuing the receipt
- Producer's report Used in Underwriting: insurable interest, medical information, and risk classification, Sources of insurability and HIPAA privacy disclosures, Application mechanics: signatures, changes, and incomplete applications
- Proposed insured Used in Application mechanics: signatures, changes, and incomplete applications
- Prospectus Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Protected health information Used in Sources of insurability and HIPAA privacy disclosures
- Prudent person standard Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Readjustment period Used in Life insurance needs analysis for individuals and businesses
- Recommendation Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Registered representative Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Regulation 152 Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Regulation 187 Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Regulation 199 Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Regulation 60 Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Regulation 74 Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Regulations 47 and 77 Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Rehabilitation Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Replacement Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199), New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Replacing insurer Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Representation Used in Application mechanics: signatures, changes, and incomplete applications
- Resolution facility Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Risk classification Used in Underwriting: insurable interest, medical information, and risk classification, Life insurance premium factors: mortality, investment return, expense, and premium mode
- Saving age Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Section 2122 Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Section 2123 Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Section 2611 Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Section 3208 Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
- Section 3209 Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Section 4240 Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Senior-specific designation Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Separate account Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Single premium Used in Life insurance premium factors: mortality, investment return, expense, and premium mode
- Single-premium whole life Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Sources of insurability Used in Sources of insurability and HIPAA privacy disclosures
- Split-dollar arrangement Used in Life insurance needs analysis for individuals and businesses
- Standard risk Used in Underwriting: insurable interest, medical information, and risk classification
- Statement of continued good health Used in Collecting the initial premium and issuing the receipt, Policy delivery and explaining the contract to the client
- Statement of methods of operation Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Stranger-originated life insurance Used in Underwriting: insurable interest, medical information, and risk classification
- Subaccounts Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Substandard risk Used in Underwriting: insurable interest, medical information, and risk classification
- Suicide clause Used in Policy delivery and explaining the contract to the client
- Suitability information Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- System of supervision Used in New York best interest standard for life and annuity sales (Reg 187) and senior-specific designations (Reg 199)
- Table rating Used in Underwriting: insurable interest, medical information, and risk classification
- Term life insurance Used in Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating
- Twisting Used in New York life insurance and annuity replacement (Ins. Law 2123; Reg 60)
- Unallocated group annuity Used in Life Insurance Company Guaranty Corporation of New York (Ins. Law art. 77)
- Unauthorized insurer Used in New York life insurance advertising, policy summary, buyer's guide, and illustrations (Ins. Law 2122, 3209; Reg 74)
- Underwriting Used in Underwriting: insurable interest, medical information, and risk classification
- Variable annuity Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Variable life Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Variable universal life Used in Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77)
- Waiver Used in Application mechanics: signatures, changes, and incomplete applications
- Warranty Used in Application mechanics: signatures, changes, and incomplete applications
- Written informed consent Used in New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611)
Life insurance policies
- Adverse selection Used in Term life renewability and convertibility features
- Annual renewable term Used in Term life insurance types, Term life renewability and convertibility features
- Attained age Used in Term life renewability and convertibility features, Group life insurance conversion and contribution
- Attained-age conversion Used in Term life renewability and convertibility features
- Beneficiary Used in New York limits on life insurance on minors (Ins. Law 3207), Credit life insurance: individual versus group
- Cap Used in Interest- and market-sensitive life products
- Cash surrender value Used in Traditional whole life products
- Cash value Used in Term life insurance types, Term life renewability and convertibility features
- Certificate holder Used in Credit life insurance: individual versus group
- Combination plan Used in Combination and survivorship life plans
- Competent minor Used in New York limits on life insurance on minors (Ins. Law 3207)
- Contributory plan Used in Group life insurance conversion and contribution
- Conversion period Used in Term life renewability and convertibility features
- Conversion privilege Used in Group life insurance conversion and contribution
- Convertible Used in Term life renewability and convertibility features, Combination and survivorship life plans
- Cost of insurance Used in Interest- and market-sensitive life products
- Cost-of-living rider Used in Term life insurance types
- Credit life insurance Used in Term life insurance types, Credit life insurance: individual versus group
- Creditor Used in Credit life insurance: individual versus group
- Current assumption whole life Used in Interest- and market-sensitive life products
- Current interest rate Used in Interest- and market-sensitive life products
- Debtor Used in Credit life insurance: individual versus group
- Decreasing term Used in Term life insurance types, Combination and survivorship life plans, Credit life insurance: individual versus group
- Economatic whole life Used in Traditional whole life products, Combination and survivorship life plans
- Evidence of insurability Used in Term life renewability and convertibility features, Group life insurance conversion and contribution
- Excess insurance on a minor Used in New York limits on life insurance on minors (Ins. Law 3207)
- Excess interest whole life Used in Interest- and market-sensitive life products
- Experience rating Used in Group life insurance conversion and contribution
- Extended term insurance Used in Traditional whole life products
- Face amount Used in Term life insurance types
- Family income policy Used in Combination and survivorship life plans
- Family maintenance policy Used in Combination and survivorship life plans
- Family policy Used in Combination and survivorship life plans
- Flexible premium Used in Interest- and market-sensitive life products
- Floor Used in Interest- and market-sensitive life products
- Formula precluding individual selection Used in Group life insurance conversion and contribution
- Graded premium whole life Used in Traditional whole life products
- Group certificate Used in Group life insurance conversion and contribution, Credit life insurance: individual versus group
- Group conversion window Used in Group life insurance conversion and contribution
- Group credit life Used in Credit life insurance: individual versus group
- Group life insurance Used in Group life insurance conversion and contribution
- Guaranteed cash value Used in Traditional whole life products
- Guaranteed minimum interest rate Used in Interest- and market-sensitive life products
- Increasing death benefit option Used in Interest- and market-sensitive life products
- Increasing term Used in Term life insurance types
- Indeterminate premium whole life Used in Traditional whole life products
- Indexed universal life Used in Interest- and market-sensitive life products
- Individual credit life Used in Credit life insurance: individual versus group
- Insurable interest Used in New York limits on life insurance on minors (Ins. Law 3207)
- Joint life (first-to-die) Used in Combination and survivorship life plans
- Lapse Used in Term life insurance types, Term life renewability and convertibility features
- Level death benefit option Used in Interest- and market-sensitive life products
- Level premium Used in Traditional whole life products
- Level premium term Used in Term life insurance types
- Level term Used in Term life insurance types, Combination and survivorship life plans, Credit life insurance: individual versus group
- Limited-pay whole life Used in Traditional whole life products
- Master policy Used in Group life insurance conversion and contribution, Credit life insurance: individual versus group
- Maturity age Used in Traditional whole life products
- Modified endowment contract (MEC) Used in Traditional whole life products
- Modified whole life Used in Traditional whole life products, Combination and survivorship life plans
- Mortgage protection Used in Term life insurance types
- Multiple protection policy Used in Combination and survivorship life plans
- Non-dependent exception Used in New York limits on life insurance on minors (Ins. Law 3207)
- Noncontributory plan Used in Group life insurance conversion and contribution
- Nonforfeiture Used in Traditional whole life products
- Nonparticipating policy Used in Traditional whole life products
- Original age conversion option Used in Term life renewability and convertibility features
- Paid-up additions Used in Traditional whole life products
- Partial withdrawal Used in Interest- and market-sensitive life products
- Participating policy Used in Traditional whole life products
- Participation rate Used in Interest- and market-sensitive life products
- Policy dividends Used in Traditional whole life products
- Policyowner Used in New York limits on life insurance on minors (Ins. Law 3207)
- Prospectus Used in Interest- and market-sensitive life products
- Reduced paid-up insurance Used in Traditional whole life products
- Renewable term Used in Term life renewability and convertibility features
- Return of premium term Used in Term life insurance types
- Return-of-premium rider Used in Term life insurance types
- Section 3207 Used in New York limits on life insurance on minors (Ins. Law 3207)
- Separate account Used in Interest- and market-sensitive life products
- Seven-pay test Used in Traditional whole life products
- Single-premium whole life Used in Traditional whole life products
- Straight life Used in Traditional whole life products
- Subaccounts Used in Interest- and market-sensitive life products
- Survivorship (second-to-die) Used in Combination and survivorship life plans
- Term life insurance Used in Term life insurance types, Term life renewability and convertibility features
- Unbundled design Used in Interest- and market-sensitive life products
- Universal life Used in Interest- and market-sensitive life products
- Variable life Used in Interest- and market-sensitive life products
- Variable universal life Used in Interest- and market-sensitive life products
- Whole life insurance Used in Traditional whole life products
Life insurance policy provisions, options, and riders
- Absolute assignment Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Accelerated death benefit Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits, Term, other-insured, and long-term-care riders
- Accidental death and dismemberment Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Accidental death benefit Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Activities of daily living (ADLs) Used in Term, other-insured, and long-term-care riders
- Any occupation Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Assignment Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Attained age Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Automatic premium loan Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Aviation exclusion Used in Policy exclusions: war, aviation, and dangerous occupation
- Avocation Used in Policy exclusions: war, aviation, and dangerous occupation
- Beneficiary Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, Beneficiary designation rules
- Capital sum Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Cash surrender value Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Children's term rider Used in Term, other-insured, and long-term-care riders
- Class designation Used in Beneficiary designation rules
- Collateral assignment Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Common disaster clause Used in Beneficiary designation rules
- Consideration Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights
- Consideration clause Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights
- Consumer Price Index Used in Return-of-premium, disability, and cost-of-living riders
- Contestable period Used in Reinstatement, policy loans, and nonforfeiture options, New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Contingent (secondary) beneficiary Used in Beneficiary designation rules
- Convertible Used in Term, other-insured, and long-term-care riders
- Cost-of-living rider Used in Return-of-premium, disability, and cost-of-living riders
- Decreasing term rider Used in Term, other-insured, and long-term-care riders
- Disability income rider Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Dividend accumulation Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits, Life policy settlement options
- Divisible surplus Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Double indemnity Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Elimination (waiting) period Used in Term, other-insured, and long-term-care riders
- Entire contract provision Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Evidence of insurability Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options, Return-of-premium, disability, and cost-of-living riders
- Exclusion Used in Policy exclusions: war, aviation, and dangerous occupation
- Exclusion rider Used in Policy exclusions: war, aviation, and dangerous occupation
- Extended term insurance Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Family income rider Used in Term, other-insured, and long-term-care riders
- Family maintenance rider Used in Term, other-insured, and long-term-care riders
- Family rider Used in Term, other-insured, and long-term-care riders
- Fixed amount Used in Life policy settlement options
- Fixed period Used in Life policy settlement options
- Flat extra Used in Policy exclusions: war, aviation, and dangerous occupation
- Flexible premium Used in Premium payment modes and grace period
- Free-look period Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights
- Grace period Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Guaranteed insurability rider Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Hazardous occupation Used in Policy exclusions: war, aviation, and dangerous occupation
- Home area Used in Policy exclusions: war, aviation, and dangerous occupation
- Incontestability Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits, Policy exclusions: war, aviation, and dangerous occupation, New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204), Waiver, guaranteed-insurability, payor, and accidental-death riders
- Increasing term Used in Return-of-premium, disability, and cost-of-living riders
- Insuring clause Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights
- Interest-only settlement option Used in Life policy settlement options
- Irrevocable beneficiary Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, Beneficiary designation rules
- Joint and survivor Used in Life policy settlement options
- Juvenile policy Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Lapse Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Level term rider Used in Term, other-insured, and long-term-care riders
- Life income Used in Life policy settlement options
- Life settlement Used in Life policy settlement options
- Life with period certain Used in Life policy settlement options
- Life with refund Used in Life policy settlement options
- Limited-pay whole life Used in Premium payment modes and grace period
- Loan value Used in Reinstatement, policy loans, and nonforfeiture options
- Long-term-care rider Used in Term, other-insured, and long-term-care riders
- Lump sum Used in Life policy settlement options
- Material fact (insurance) Used in New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Material misrepresentation Used in New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Misstatement of age Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits, New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Mode factor Used in Premium payment modes and grace period
- Mortgage protection Used in Term, other-insured, and long-term-care riders
- Nonforfeiture Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Option date Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Other-insured rider Used in Term, other-insured, and long-term-care riders
- Own occupation Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Owner's rights Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights
- Paid-up additions Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Partial withdrawal Used in Reinstatement, policy loans, and nonforfeiture options
- Participating policy Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Payor benefit rider Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Per capita Used in Beneficiary designation rules
- Per stirpes Used in Beneficiary designation rules
- Period certain Used in Life policy settlement options
- Policy dividends Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Policy loan Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, Reinstatement, policy loans, and nonforfeiture options
- Policyowner Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, Beneficiary designation rules
- Premium notice Used in Premium payment modes and grace period
- Premium payment mode Used in Premium payment modes and grace period
- Primary beneficiary Used in Beneficiary designation rules
- Principal sum Used in Waiver, guaranteed-insurability, payor, and accidental-death riders
- Proof of death Used in New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Recording method Used in Beneficiary designation rules
- Reduced paid-up insurance Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Reinstatement Used in Premium payment modes and grace period, Reinstatement, policy loans, and nonforfeiture options
- Representation Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Results clause Used in Policy exclusions: war, aviation, and dangerous occupation
- Return of premium term Used in Return-of-premium, disability, and cost-of-living riders
- Return-of-premium rider Used in Return-of-premium, disability, and cost-of-living riders
- Revocable beneficiary Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights, Beneficiary designation rules
- Rider Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Sections 3203 and 3204 Used in New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Settlement option Used in Life policy settlement options
- Simultaneous death Used in Beneficiary designation rules
- Single premium Used in Premium payment modes and grace period
- Specific designation Used in Beneficiary designation rules
- Spendthrift clause Used in Life policy settlement options
- Spouse term rider Used in Term, other-insured, and long-term-care riders
- Standard Nonforfeiture Law for Life Insurance Used in Reinstatement, policy loans, and nonforfeiture options
- Standard policy provisions Used in New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
- Status clause Used in Policy exclusions: war, aviation, and dangerous occupation
- Straight life income Used in Life policy settlement options
- Suicide clause Used in Dividends, incontestability, assignment, suicide, and accelerated death benefits
- Table rating Used in Policy exclusions: war, aviation, and dangerous occupation
- Term rider Used in Term, other-insured, and long-term-care riders
- Tertiary beneficiary Used in Beneficiary designation rules
- Total disability Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Unilateral contract Used in Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights
- Waiver of monthly deductions Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Waiver of premium Used in Waiver, guaranteed-insurability, payor, and accidental-death riders, Return-of-premium, disability, and cost-of-living riders
- Warranty Used in New York required life policy provisions: misstatement of age, statements of the applicant, and proof of death (Ins. Law 3203-3204)
Annuities
- Account value Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Accumulation phase Used in The annuity principle, Annuity premium and timing structures, Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits, Annuity classification and payout options
- Annuitant Used in The annuity principle
- Annuitization Used in The annuity principle, Annuity premium and timing structures, Annuity classification and payout options, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Annuity Used in The annuity principle
- Annuity death benefit Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Assumed investment return Used in Annuity classification and payout options
- Beneficiary Used in The annuity principle
- Benefit base Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Bonus annuity Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Cash refund Used in Annuity classification and payout options
- Cash surrender benefit Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223), Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Commutation provision Used in Annuity classification and payout options
- Cost basis Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Deferred annuity Used in The annuity principle, Annuity premium and timing structures, Annuity classification and payout options
- Deferred income annuity Used in Annuity premium and timing structures, Annuity classification and payout options
- Early withdrawal penalty Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Earnings-first taxation Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Entire contract provision Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Exclusion ratio Used in Annuity classification and payout options, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Fixed annuity Used in Annuity classification and payout options
- Flexible premium Used in Annuity premium and timing structures
- Flexible premium deferred annuity Used in Annuity premium and timing structures
- Free look Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Free withdrawal provision Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Free-look period Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Full surrender Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Grace period Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223), Annuity premium and timing structures
- Guaranteed minimum accumulation benefit Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Guaranteed minimum income benefit Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Guaranteed minimum withdrawal benefit Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Highest anniversary value Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Immediate annuity Used in The annuity principle, Annuity premium and timing structures, Annuity classification and payout options
- Incontestability Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Indexed annuity Used in Annuity classification and payout options
- Installment refund Used in Annuity classification and payout options
- Investment in the contract Used in Annuity classification and payout options
- Joint and survivor Used in The annuity principle, Annuity classification and payout options
- Joint life annuity Used in Annuity classification and payout options
- Life with period certain Used in Annuity classification and payout options
- Life with refund Used in The annuity principle, Annuity classification and payout options
- Living benefit Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Longevity risk Used in The annuity principle, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Market value adjustment Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Maturity date Used in Annuity premium and timing structures
- Misstatement of age Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Mortality table Used in The annuity principle
- Non-guaranteed index annuity Used in Annuity classification and payout options
- Non-qualified annuity Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Nonforfeiture Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Owner Used in The annuity principle
- Paid-up annuity benefit Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223), Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Partial surrender Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Participating policy Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Payout phase Used in The annuity principle, Annuity premium and timing structures, Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits, Annuity classification and payout options
- Period certain Used in The annuity principle, Annuity classification and payout options
- Periodic premium Used in Annuity premium and timing structures
- Pooling Used in The annuity principle
- Qualified annuity Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Qualified longevity annuity contract Used in Annuity premium and timing structures, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Reinstatement Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Required minimum distribution Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Scientific liquidation Used in The annuity principle
- Section 3219 Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223)
- Single premium Used in Annuity premium and timing structures
- Single premium deferred annuity Used in Annuity premium and timing structures
- Single premium immediate annuity Used in Annuity premium and timing structures
- Standard Nonforfeiture Law for Annuities Used in New York required annuity contract provisions (Ins. Law 3219, 4220, 4223), Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Straight life annuity Used in The annuity principle, Annuity classification and payout options
- Surrender charge Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Surrender charge period Used in Deferred annuity surrender and withdrawal charges, nonforfeiture, and death benefits
- Survivorship benefits Used in The annuity principle
- Systematic withdrawals Used in Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Tax-deferred Used in Annuity premium and timing structures, Personal uses of annuities: tax deferral, retirement income, education funds, and guaranteed minimum withdrawal benefits
- Variable annuity Used in Annuity classification and payout options
Federal tax considerations for life insurance and annuities
- Accelerated death benefit Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Cash surrender value Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Cost basis Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Cost-recovery (FIFO) basis Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Group term life tax rule Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Incidents of ownership Used in Tax treatment of life insurance premiums, proceeds, and MECs
- LIFO treatment Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Modified endowment contract (MEC) Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Policy dividends Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Policy loan Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Seven-pay test Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Tax-deferred Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Tax-deferred inside buildup Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Transfer-for-value rule Used in Tax treatment of life insurance premiums, proceeds, and MECs
- Viatical settlement Used in Tax treatment of life insurance premiums, proceeds, and MECs
Qualified plans
- Deferred compensation Used in Qualified and nonqualified retirement plans
- Defined benefit plan Used in Qualified and nonqualified retirement plans
- Defined contribution plan Used in Qualified and nonqualified retirement plans
- Determination letter Used in Qualified and nonqualified retirement plans
- Direct rollover Used in Qualified and nonqualified retirement plans
- Elective deferral Used in Qualified and nonqualified retirement plans
- ERISA Used in Qualified and nonqualified retirement plans
- Executive bonus plan Used in Qualified and nonqualified retirement plans
- Highly compensated employee Used in Qualified and nonqualified retirement plans
- Indirect rollover Used in Qualified and nonqualified retirement plans
- Nonqualified plan Used in Qualified and nonqualified retirement plans
- Qualified joint and survivor annuity Used in Qualified and nonqualified retirement plans
- Qualified plan Used in Qualified and nonqualified retirement plans
- Required minimum distribution Used in Qualified and nonqualified retirement plans
- Salary continuation plan Used in Qualified and nonqualified retirement plans
- Split-dollar arrangement Used in Qualified and nonqualified retirement plans
- Vesting Used in Qualified and nonqualified retirement plans
Life settlements
- Accelerated death benefit Used in Life settlements
- Article 78 Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Broker's fiduciary duty (life settlements) Used in Life settlements, New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Chronically ill Used in Life settlements
- Defined violation Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78), New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Financing entity Used in Life settlements
- Gross offer Used in Life settlements
- Insurable interest Used in Life settlements, New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Life settlement Used in Life settlements, New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78), New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Life settlement broker Used in Life settlements, New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Life settlement disclosure Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Life settlement intermediary Used in Life settlements, New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Life settlement privacy Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Life settlement provider Used in Life settlements
- Life settlement rescission right Used in Life settlements
- Pre-arranged transfer Used in New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Section 2137 Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Section 7814 Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Section 7815 Used in New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Settled policy Used in Life settlements
- Stranger financing Used in New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Stranger-originated life insurance Used in Life settlements, New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78), New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Sub-licensee Used in New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78)
- Terminally ill Used in Life settlements
- Trust scheme Used in New York prohibition of stranger-originated life insurance (Ins. Law 7815)
- Viatical settlement Used in Life settlements
Accident and health insurance basics
- Accident Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Accident-only policy Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Accidental bodily injury Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Accidental death and dismemberment Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions, Worksite, hospital indemnity, short-term medical, and accident policies
- Accidental means Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Actual delivery Used in Policy delivery and explaining the contract
- Annual maximum Used in Dental, vision, and specified-disease policies
- Application Used in Completing the health insurance application
- Basic dental services Used in Dental, vision, and specified-disease policies
- Blanket accident policy Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Capital sum Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Capitation Used in Dental, vision, and specified-disease policies
- Churning Used in Replacement of health insurance
- Community rating Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Comprehensive major medical Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Conditional receipt (insurability type) Used in Completing the health insurance application
- Constructive delivery Used in Policy delivery and explaining the contract
- Contestable period Used in Replacement of health insurance
- Coverage tier Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Delivery Used in Policy delivery and explaining the contract
- Delivery receipt Used in Policy delivery and explaining the contract
- Dental expense insurance Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions, Dental, vision, and specified-disease policies
- Dental HMO Used in Dental, vision, and specified-disease policies
- Dental indemnity plan Used in Dental, vision, and specified-disease policies
- Dental PPO Used in Dental, vision, and specified-disease policies
- Disability income insurance Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Elimination (waiting) period Used in Policy delivery and explaining the contract, Replacement of health insurance
- Entire contract provision Used in Completing the health insurance application, Policy delivery and explaining the contract
- Exclusion Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Exclusion rider Used in Policy delivery and explaining the contract
- Experience rating Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Fair Credit Reporting Act Used in Completing the health insurance application
- Field underwriter Used in Completing the health insurance application
- Free-look period Used in Policy delivery and explaining the contract, Replacement of health insurance
- Grace period Used in Policy delivery and explaining the contract
- Guaranteed issue Used in Worksite, hospital indemnity, short-term medical, and accident policies
- HIPAA authorization Used in Completing the health insurance application
- Hospital indemnity policy Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Impairment (exclusion) rider Used in Policy delivery and explaining the contract
- Indemnity basis Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions, Worksite, hospital indemnity, short-term medical, and accident policies
- Insurer counteroffer Used in Policy delivery and explaining the contract
- Invitation to contract Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Invitation to inquire Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Large group Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Limited coverage Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions, Dental, vision, and specified-disease policies
- Limited-benefit notice Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Long-term care insurance Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Major dental services Used in Dental, vision, and specified-disease policies
- Material misrepresentation Used in Completing the health insurance application
- Medicaid Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Medical expense insurance Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Medical Information Bureau Used in Completing the health insurance application
- Medicare Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Medicare supplement (Medigap) Used in Replacement of health insurance, New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Missing tooth clause Used in Dental, vision, and specified-disease policies
- Orthodontia Used in Dental, vision, and specified-disease policies
- Outline of coverage Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Portable coverage Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Predetermination of benefits Used in Dental, vision, and specified-disease policies
- Preexisting condition Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions, Worksite, hospital indemnity, short-term medical, and accident policies, Replacement of health insurance
- Preventive dental services Used in Dental, vision, and specified-disease policies
- Principal sum Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions, Worksite, hospital indemnity, short-term medical, and accident policies
- Producer errors and omissions insurance Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Producer's report Used in Completing the health insurance application
- Rated policy Used in Policy delivery and explaining the contract
- Regulation 145 Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Regulation 34 Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Replacement Used in Replacement of health insurance
- Replacement notice Used in Replacement of health insurance
- Representation Used in Completing the health insurance application
- Scheduled benefit Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Section 2122 Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Section 3217 Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Sections 3231 and 4317 Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Short-term (limited-duration) medical policy Used in Worksite, hospital indemnity, short-term medical, and accident policies
- Sickness Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Small group Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Specified-disease (dread disease) policy Used in Dental, vision, and specified-disease policies
- Statement of continued good health Used in Completing the health insurance application, Policy delivery and explaining the contract
- Stop-loss insurance Used in New York community rating and the definition of small group (Ins. Law 4317; Reg 145)
- Twisting Used in Replacement of health insurance
- Unauthorized insurer Used in New York accident and health marketing: advertising (Reg 34), outline of coverage, limited-benefit notices, and errors and omissions
- Vision insurance Used in Dental, vision, and specified-disease policies
- Waiting period Used in Dental, vision, and specified-disease policies, Replacement of health insurance
- Waiver Used in Completing the health insurance application
- Workers' compensation Used in Accident and health basics: perils, types of losses and benefits, classes of coverage, and common exclusions
- Worksite marketing Used in Worksite, hospital indemnity, short-term medical, and accident policies
Individual health insurance policy general provisions
- Accidental bodily injury Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Accidental means Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Cancellable Used in Rights of renewability
- Cancellation provision Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Conditional receipt (insurability type) Used in Mandatory provisions I: entire contract, incontestability, grace period, reinstatement
- Conditionally renewable Used in Rights of renewability
- Conformity with state statutes Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Consideration Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Consideration clause Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Elimination (waiting) period Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Entire contract provision Used in Mandatory provisions I: entire contract, incontestability, grace period, reinstatement
- Free-look period Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Guaranteed renewable Used in Rights of renewability
- Health policy grace period Used in Mandatory provisions I: entire contract, incontestability, grace period, reinstatement
- Illegal occupation Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Incontestable clause Used in Mandatory provisions I: entire contract, incontestability, grace period, reinstatement
- Insurance with other insurers Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Insuring clause Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Intoxicants and narcotics Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Limiting rider Used in Rights of renewability
- Mandatory provisions Used in Mandatory provisions I: entire contract, incontestability, grace period, reinstatement
- Market withdrawal Used in Rights of renewability
- Network plan Used in Rights of renewability
- Noncancellable Used in Rights of renewability
- Optional provisions Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Optionally renewable Used in Rights of renewability
- Other insurance in this insurer Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Period of time policy Used in Rights of renewability
- Probationary period Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Product discontinuance Used in Rights of renewability
- Reinstatement of a health policy Used in Mandatory provisions I: entire contract, incontestability, grace period, reinstatement
- Relation of earnings to insurance Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Short-rate cancellation Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
- Unilateral contract Used in Other provisions I: insuring clause, free look, consideration, probationary and elimination periods
- Unpaid premium provision Used in Other health policy provisions: other benefits, unpaid premium, cancellation, conformity, illegal occupation, intoxicants, and relation of earnings
Disability income and related insurance
- Accidental bodily injury Used in Disability income and accidental death and dismemberment policies
- Accidental death and dismemberment Used in Disability income and accidental death and dismemberment policies, Health policy riders
- Accidental means Used in Disability income and accidental death and dismemberment policies
- Additional monthly benefit Used in Health policy riders
- Any occupation Used in Disability classifications: total, partial, recurrent, and residual, Disability income and accidental death and dismemberment policies
- Beneficiary Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Benefit integration Used in Group disability income: short-term and long-term disability compared with individual plans
- Benefit offset Used in Group disability income: short-term and long-term disability compared with individual plans
- Benefit period Used in Disability classifications: total, partial, recurrent, and residual, Disability income and accidental death and dismemberment policies
- Business overhead expense Used in Business uses of health insurance: key person, overhead expense, and disability buy-out
- Buy-sell agreement Used in Business uses of health insurance: key person, overhead expense, and disability buy-out
- Capital sum Used in Disability income and accidental death and dismemberment policies
- Change of Occupation provision Used in Occupational versus non-occupational classification
- Claim forms Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Contributory plan Used in Group disability income: short-term and long-term disability compared with individual plans
- Cost of living adjustment Used in Health policy riders
- Cross-purchase plan Used in Business uses of health insurance: key person, overhead expense, and disability buy-out
- Disability buy-out Used in Business uses of health insurance: key person, overhead expense, and disability buy-out
- Disability income insurance Used in Disability income and accidental death and dismemberment policies, Occupational versus non-occupational classification, Business uses of health insurance: key person, overhead expense, and disability buy-out
- Double indemnity Used in Disability income and accidental death and dismemberment policies
- Elimination (waiting) period Used in Disability classifications: total, partial, recurrent, and residual, Disability income and accidental death and dismemberment policies
- Endorsement Used in Health policy riders
- Entire contract provision Used in Health policy riders
- Entity plan Used in Business uses of health insurance: key person, overhead expense, and disability buy-out
- Facility-of-payment provision Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Group certificate Used in Group disability income: short-term and long-term disability compared with individual plans
- Guaranteed insurability rider Used in Health policy riders
- Guaranteed renewable Used in Disability income and accidental death and dismemberment policies
- Health return of premium rider Used in Health policy riders
- Impairment (exclusion) rider Used in Health policy riders
- Irrevocable beneficiary Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Key person disability insurance Used in Business uses of health insurance: key person, overhead expense, and disability buy-out
- Legal Actions provision Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Long-term disability Used in Group disability income: short-term and long-term disability compared with individual plans
- Mandatory provisions Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Master policy Used in Group disability income: short-term and long-term disability compared with individual plans
- Non-occupational coverage Used in Occupational versus non-occupational classification
- Noncancellable Used in Disability income and accidental death and dismemberment policies, Group disability income: short-term and long-term disability compared with individual plans
- Noncontributory plan Used in Group disability income: short-term and long-term disability compared with individual plans
- Notice of claim Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Occupational coverage Used in Occupational versus non-occupational classification
- Occupational risk class Used in Occupational versus non-occupational classification
- Overinsurance Used in Disability income and accidental death and dismemberment policies
- Own occupation Used in Disability classifications: total, partial, recurrent, and residual, Disability income and accidental death and dismemberment policies
- Partial disability Used in Disability classifications: total, partial, recurrent, and residual
- Payment of claims Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Payment to providers Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Physical Examination and Autopsy provision Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Portable coverage Used in Group disability income: short-term and long-term disability compared with individual plans
- Presumptive disability Used in Disability classifications: total, partial, recurrent, and residual, Disability income and accidental death and dismemberment policies
- Principal sum Used in Disability income and accidental death and dismemberment policies
- Proof of loss Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Rate manual Used in Health policy riders
- Rated policy Used in Health policy riders
- Recurrent disability Used in Disability classifications: total, partial, recurrent, and residual
- Relation of earnings to insurance Used in Disability income and accidental death and dismemberment policies
- Residual (partial) disability Used in Disability classifications: total, partial, recurrent, and residual
- Revocable beneficiary Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Rider Used in Health policy riders
- Short-term disability Used in Group disability income: short-term and long-term disability compared with individual plans
- Social insurance supplement Used in Health policy riders
- Split definition of disability Used in Disability classifications: total, partial, recurrent, and residual, Disability income and accidental death and dismemberment policies, Group disability income: short-term and long-term disability compared with individual plans
- Tax treatment of disability income Used in Disability income and accidental death and dismemberment policies, Group disability income: short-term and long-term disability compared with individual plans, Business uses of health insurance: key person, overhead expense, and disability buy-out
- Time of payment of claims Used in Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims
- Total disability Used in Disability classifications: total, partial, recurrent, and residual, Occupational versus non-occupational classification
- Waiver of premium Used in Health policy riders
- Workers' compensation Used in Occupational versus non-occupational classification
Medical plans
- Age 29 law Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Annual open enrollment period Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Balance billing Used in Managed care structures: HMO, PPO, and POS plans
- Baseline mammogram Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Basic hospital expense Used in Basic and major medical expense insurance
- Basic medical expense insurance Used in Basic and major medical expense insurance
- Basic surgical expense Used in Basic and major medical expense insurance
- Business associate Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Calendar-year deductible Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Capitation Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Case management Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Coinsurance Used in Basic and major medical expense insurance, Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Comprehensive major medical Used in Basic and major medical expense insurance
- Concurrent review Used in Managed care concepts
- Copayment Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles, Managed care structures: HMO, PPO, and POS plans
- Corridor deductible Used in Basic and major medical expense insurance, Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Credentialing Used in Managed care concepts
- Creditable coverage Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles, HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Deductible Used in Basic and major medical expense insurance, Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Dependent child Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Disabled dependent child Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Elimination (waiting) period Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Emergency care Used in Managed care structures: HMO, PPO, and POS plans
- Exclusion Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Exclusive provider organization Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Family deductible Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Fee-for-service Used in Managed care concepts
- First-dollar coverage Used in Basic and major medical expense insurance
- Gatekeeper Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts, New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Grievance Used in Managed care concepts
- Group model Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Guaranteed availability Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Guaranteed renewability Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Health maintenance organization (HMO) Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts, New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Health status-related factors Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- HIPAA Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- HIPAA covered entity Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Individual practice association Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Late enrollee Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Limitation Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Major medical expense insurance Used in Basic and major medical expense insurance
- Managed care Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Mandated benefit Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Mandated offer Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Market withdrawal Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Medical expense insurance Used in Basic and major medical expense insurance
- Minimum necessary Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Network adequacy Used in Managed care concepts
- Network model Used in Managed care structures: HMO, PPO, and POS plans
- Network plan Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Newborn coverage Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Notice of Privacy Practices Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Out-of-pocket maximum (stop-loss) Used in Basic and major medical expense insurance, Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Participating provider Used in Managed care concepts
- Per-cause deductible Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Point-of-service (POS) plan Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Postpartum home care visit Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Preauthorization Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Preexisting condition Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles, New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Preexisting condition look-back period Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles, HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Preferred provider organization (PPO) Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Preventive care Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
- Primary care physician (PCP) Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Privacy Rule Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Product discontinuance Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Protected health information Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Provider network Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Referral Used in Managed care concepts
- Retrospective review Used in Managed care concepts
- Second surgical opinion Used in Managed care concepts
- Service area Used in Managed care structures: HMO, PPO, and POS plans
- Special enrollment period Used in HIPAA: eligibility, guaranteed issue, renewability, and privacy protections
- Staff model Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Supplemental (superimposed) major medical Used in Basic and major medical expense insurance
- Usual, customary and reasonable Used in Basic and major medical expense insurance
- Utilization review Used in Managed care structures: HMO, PPO, and POS plans, Managed care concepts
- Utilization review appeal Used in Managed care concepts
- Waiver of premium Used in Other provisions II: waiver of premium, exclusions, preexisting conditions, coinsurance, deductibles
- Young adult option Used in New York mandated health benefits and offers: dependent age limits, disabled and newborn children, and HMO preventive care
Federal Patient Protection and Affordable Care Act
- Actuarial value Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio, ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Advance premium tax credit Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Affordable coverage Used in ACA individual mandate and employer shared responsibility
- Annual and lifetime dollar limits Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Annual open enrollment period Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Applicable large employer Used in ACA individual mandate and employer shared responsibility
- Applicable percentage Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Benchmark plan Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Catastrophic plan Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio, ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Cost-sharing reduction Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods, ACA individual mandate and employer shared responsibility
- Dependent child Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Employer mandate Used in ACA individual mandate and employer shared responsibility
- Employer payment (a) Used in ACA individual mandate and employer shared responsibility
- Employer payment (b) Used in ACA individual mandate and employer shared responsibility
- Essential health benefits Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Federal poverty line Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Full-time employee Used in ACA individual mandate and employer shared responsibility
- Grandfathered plan Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Guaranteed issue Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Individual mandate Used in ACA individual mandate and employer shared responsibility
- Marketplace Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Medical loss ratio Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Metal tier Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio, ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Minimum essential coverage Used in ACA individual mandate and employer shared responsibility
- Minimum value Used in ACA individual mandate and employer shared responsibility
- Modified adjusted gross income Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Navigator Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Out-of-pocket maximum (stop-loss) Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Preexisting condition Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Premium tax credit Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods, ACA individual mandate and employer shared responsibility
- Preventive care Used in ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio
- Qualified health plan Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Shared responsibility payment Used in ACA individual mandate and employer shared responsibility
- Small Business Health Options Program Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
- Special enrollment period Used in ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods
Long-term care insurance
- Accelerated death benefit Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Activities of daily living (ADLs) Used in Individual and group long-term care insurance
- Adult day care Used in Individual and group long-term care insurance
- Assisted living facility Used in Individual and group long-term care insurance
- Chronically ill individual Used in Individual and group long-term care insurance
- Cold-lead advertising Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Compound inflation protection Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Contingent nonforfeiture Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Custodial care Used in Individual and group long-term care insurance
- Dollar-for-dollar protection Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Elimination (waiting) period Used in Individual and group long-term care insurance
- Extended term insurance Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Extension of benefits rider Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Future purchase option Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Guaranteed renewable Used in Individual and group long-term care insurance, New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Home health care Used in Individual and group long-term care insurance
- Hybrid plan Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Inflation protection Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Intermediate care Used in Individual and group long-term care insurance
- Long-term care disclosure statement Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Long-term care free look Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Long-term care insurance Used in Individual and group long-term care insurance
- Long-term care tax credit Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Master policy Used in Individual and group long-term care insurance
- Medicaid Used in Individual and group long-term care insurance, New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Medicaid estate recovery Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Medicaid extended coverage Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Medicaid lien Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Nonforfeiture Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Organic brain disorder Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Original partnership states Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Outline of coverage Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Partnership for Long-Term Care Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Per diem policy Used in Individual and group long-term care insurance
- Plan of care Used in Individual and group long-term care insurance
- Preexisting condition Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Qualified long-term care contract Used in Individual and group long-term care insurance
- Reduced paid-up insurance Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Regulation 144 Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Regulation 62 Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Replacement notice Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Respite care Used in Individual and group long-term care insurance
- Restoration of benefits Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Section 1117 Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Section 3229 Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62), New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Shared care Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Shortened benefit period Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Simple inflation protection Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
- Skilled nursing care Used in Individual and group long-term care insurance
- Spend down Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Suitability Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Total asset protection Used in New York State Partnership for Long-Term Care, Medicaid estate recovery, and the New York LTC tax credit (Reg 144)
- Twisting Used in New York long-term care regulation: exclusions, suitability, renewability, disclosure, prohibited practices, and replacement (Reg 62)
- Waiver of premium Used in Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans
Group health and blanket insurance
- Administrative services only Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Age 29 law Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Aggregate stop-loss Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Allowable expense Used in Nonduplication and coordination of benefits
- Association group Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Birthday rule Used in Nonduplication and coordination of benefits
- Blanket insurance Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- COBRA Used in Group health insurance and COBRA, New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- COBRA premium Used in Group health insurance and COBRA
- Community rating Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Continuation of coverage Used in Group health insurance and COBRA, New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Contributory plan Used in Group health insurance and COBRA
- Coordination of benefits Used in Nonduplication and coordination of benefits
- Dependent child Used in Group health insurance and COBRA
- Double recovery Used in Nonduplication and coordination of benefits
- Election period Used in Group health insurance and COBRA
- Employer group Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- ERISA Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- ERISA preemption Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Essential health benefits Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Experience rating Used in Group health insurance and COBRA
- Extension of benefits Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Family and Medical Leave Act Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Fully insured plan Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Gross misconduct Used in Group health insurance and COBRA
- Group accident and health policy Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Group certificate Used in Group health insurance and COBRA, New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Group health conversion Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Group health insurance Used in Group health insurance and COBRA
- Guaranteed issue Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Health status-related factors Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235), ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Highly compensated employee Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Master policy Used in Group health insurance and COBRA
- Medicare Used in Nonduplication and coordination of benefits
- New York state continuation Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Noncontributory plan Used in Group health insurance and COBRA
- Nonduplication of benefits Used in Nonduplication and coordination of benefits
- NY State of Health Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Order of benefit rules Used in Nonduplication and coordination of benefits
- Policyholder Used in Group health insurance and COBRA
- Primary plan Used in Nonduplication and coordination of benefits
- Qualified beneficiary Used in Group health insurance and COBRA
- Qualifying event Used in Group health insurance and COBRA
- Secondary plan Used in Nonduplication and coordination of benefits
- Section 105(h) Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Section 3221 Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Section 4235 Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Self-insured plan Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Situs state Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Small group Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235), New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Specific stop-loss Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Stop-loss insurance Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO, New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Summary Plan Description Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Supplementary continuation Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
- Taft-Hartley trust Used in New York eligible groups, blanket insurance, and group marketing jurisdiction (Ins. Law 4235)
- Welfare benefit plan Used in ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO
- Young adult option Used in New York group health continuation, extension of benefits, conversion, and small employer coverage (Ins. Law 3221; Reg 145)
Government insurance plans
- Accepting assignment Used in Medicare Parts A, B, C, and D
- Annual enrollment period Used in Medicare Parts A, B, C, and D
- Approved organization Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- Arising out of and in the course of employment Used in Workers' compensation
- Blackout period Used in Social Security benefits (disability and retirement)
- Child Health Plus Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- Children's Health Insurance Program Used in Medicaid, Child Health Plus and Healthy New York (Ins. Law 4326)
- Competitive state fund Used in Workers' compensation
- Consumer-directed health account Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Covered employer Used in New York State Disability Benefits Law
- Currently insured Used in Social Security benefits (disability and retirement)
- DBL coordination Used in New York State Disability Benefits Law
- DBL special fund Used in New York State Disability Benefits Law
- DBL weekly benefit Used in New York State Disability Benefits Law
- Delayed retirement credits Used in Social Security benefits (disability and retirement)
- Disability Benefits Law Used in New York State Disability Benefits Law
- Disability insured Used in Social Security benefits (disability and retirement)
- Dual eligible Used in Medicaid
- Employers liability (Part Two) Used in Workers' compensation
- End-stage renal disease Used in Medicare Parts A, B, C, and D
- EPSDT Used in Medicaid
- Essential health benefits Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- Exclusive remedy Used in Workers' compensation
- Experience rating Used in Workers' compensation
- Federal Medical Assistance Percentage Used in Medicaid
- FICA Used in Social Security benefits (disability and retirement)
- Flexible Spending Account (FSA) Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Full retirement age (FRA) Used in Social Security benefits (disability and retirement)
- Health Reimbursement Arrangement (HRA) Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Health Savings Account (HSA) Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Healthy NY Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- High-deductible health plan (HDHP) Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- HSA catch-up contribution Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Initial enrollment period Used in Medicare Parts A, B, C, and D
- Late-enrollment penalty Used in Medicare Parts A, B, C, and D
- Low Income Subsidy Used in Medicare Parts A, B, C, and D
- MA-PD plan Used in Medicare Parts A, B, C, and D
- Medicaid Used in Medicaid, Child Health Plus and Healthy New York (Ins. Law 4326)
- Medicaid estate recovery Used in Medicaid
- Medicaid look-back period Used in Medicaid
- Medically needy Used in Medicaid
- Medicare Used in Medicaid, Medicare Parts A, B, C, and D
- Medicare Advantage plan Used in Medicare Parts A, B, C, and D
- Medicare benefit period Used in Medicare Parts A, B, C, and D
- Medicare Part A Used in Medicare Parts A, B, C, and D
- Medicare Part B Used in Medicare Parts A, B, C, and D
- Medicare Part C (Medicare Advantage) Used in Medicare Parts A, B, C, and D
- Medicare Part D Used in Medicare Parts A, B, C, and D
- Monopolistic state fund Used in Workers' compensation
- No-fault Used in Workers' compensation
- Non-occupational coverage Used in New York State Disability Benefits Law
- OASDI Used in Social Security benefits (disability and retirement)
- Original Medicare Used in Medicare Parts A, B, C, and D
- Paid Family Leave Used in New York State Disability Benefits Law
- Partnership for Long-Term Care Used in Medicaid
- Payer of last resort Used in Medicaid
- Permanent partial disability Used in Workers' compensation
- Permanent total disability Used in Workers' compensation
- Prescription drug plan Used in Medicare Parts A, B, C, and D
- Presumptive eligibility Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- Primary insurance amount Used in Social Security benefits (disability and retirement)
- Qualified medical expense Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Qualifying small employer Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- Rehabilitation benefits Used in Workers' compensation
- Section 125 cafeteria plan Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Section 4326 Used in Child Health Plus and Healthy New York (Ins. Law 4326)
- Self-insurance Used in Workers' compensation
- Social insurance supplement Used in Social Security benefits (disability and retirement)
- Social Security credits Used in Social Security benefits (disability and retirement)
- Social Security disability insurance Used in Social Security benefits (disability and retirement)
- Social Security survivor benefits Used in Social Security benefits (disability and retirement)
- Spend down Used in Medicaid
- Spousal benefit Used in Social Security benefits (disability and retirement)
- State Insurance Fund Used in New York State Disability Benefits Law
- State plan for medical assistance Used in Medicaid
- Substantial gainful activity Used in Social Security benefits (disability and retirement)
- Supplemental Security Income Used in Medicaid
- Temporary partial disability Used in Workers' compensation
- Temporary total disability Used in Workers' compensation
- Third-party-over action Used in Workers' compensation
- Triple tax advantage Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Use-or-lose rule Used in Consumer-directed health accounts: FSA, HDHP/HSA, and HRA
- Workers' compensation Used in Workers' compensation, New York State Disability Benefits Law
- Workers' compensation death benefits Used in Workers' compensation
Private insurance for senior citizens and special needs individuals
- Churning Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- COBRA Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Cold-lead advertising Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Conditional payment Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Creditable coverage Used in Medicare supplement policies, New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Current employment status Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Duplicate Medigap coverage Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- End-stage renal disease Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- ESRD coordination period Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- ESRD Medicare entitlement Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Guaranteed renewable Used in Medicare supplement policies
- Guide to Health Insurance for People with Medicare Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- High-pressure tactics Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Large group health plan Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Loss ratio Used in Medicare supplement policies
- Medicare for disabled beneficiaries Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Medicare secondary payer Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Medicare Select Used in Medicare supplement policies
- Medicare supplement (Medigap) Used in Medicare supplement policies
- Medigap Used in Medicare supplement policies
- Medigap open enrollment Used in Medicare supplement policies
- Medigap Plan M Used in Medicare supplement policies
- Medigap Plan N Used in Medicare supplement policies
- Medigap Plans C and F Used in Medicare supplement policies
- Medigap Plans K and L Used in Medicare supplement policies
- New York Medigap open enrollment Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Outline of coverage Used in Medicare supplement policies, New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Part B excess charges Used in Medicare supplement policies
- Primary plan Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Regulation 193 Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Replacement notice Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Secondary plan Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Section 3218 Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Standardized plans Used in Medicare supplement policies, New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Twisting Used in New York Medicare supplement regulation: open enrollment, marketing, compensation, suitability, replacement, and disclosure (Reg 193)
- Workers' compensation Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
- Working aged Used in Medicare for disabled and kidney-failure beneficiaries, working-aged employees, and Medicare secondary payer rules
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