Insurance

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Annuities & Income Products

Retirement income terms for annuities, payout timing, annuity factors, fixed and variable contracts, indexed annuities, and level payment streams.

Credit Disability Insurance

Optional insurance that makes specified debt payments to a creditor when a covered illness or injury leaves the insured borrower unable to work.

Credit Unemployment Insurance

Optional insurance making limited payments to a creditor after a qualifying involuntary job loss, subject to work-status rules, waiting periods, and caps.

Credit Life Insurance

Optional insurance that pays all or part of a covered debt to the creditor when the insured borrower dies, subject to policy limits and exclusions.

Mortgagee Clause

A mortgagee clause protects a named lender's interest in insured property. Learn standard versus loss-payable clauses, claim checks, proceeds, and risks.

Payment Protection Insurance (PPI)

U.K.-associated insurance designed to make limited credit repayments after covered accident, sickness, unemployment, disability, or death events.

Solvency II

Solvency II is the EU risk-based prudential framework for insurer valuation, capital, governance, supervision, and public disclosure.

Trade Credit Insurance

Business insurance protecting covered accounts receivable against specified customer nonpayment, subject to credit limits, retention, exclusions, and claims terms.

Viatical Settlement

A viatical settlement transfers a life insurance policy to a third party for cash, usually for more than surrender value but less than the death benefit.