Morbidity Risk

Updated date: Tuesday, July 8, 2025 - 19:43
Morbidity Risk the potential for a person to experience illness, injury, or other physical or psychological impairment, whether temporary or permanent. Morbidity risk excludes the potential for an individual's death, but includes the potential for an illness or injury that results in death. What is Morbidity Risk , What does mean Morbidity Risk , Insurance Guide, Insurance Glossary

Related Morbidity Risk Articles

  • Premises and Operations Insurance Glossary
    Premises and Operations policies covering the liability of an insured to persons who have incurred bodily injury or property damage on an insured's premises dur... more
  • Swap Insurance Glossary
    Swap an agreement to exchange or net payments as the buyer of an Option, Cap or Floor and to make payments as the seller of a different Option, Cap or Floor.... more
  • Calendar Year Deductible Insurance Glossary
    Calendar Year Deductible in health insurance, the amount that must be paid by the insured during a calendar year before the insurer becomes responsible for furt... more
  • Appraisal Insurance Glossary
    Appraisal an estimate of value. What is Appraisal , What does mean Appraisal , Insurance Guide, Insurance Glossary
  • Moral Hazard Insurance Glossary
    Moral Hazard personality characteristics that increase probability of losses. For example not taking proper care to protect insured property because the insured... more
  • Medicare Advantage Plan Insurance Glossary
    Medicare Advantage Plan an HMO, PPO, or Private Fee For Service Plan that contracts with Medicare Advantage Prescription Drug Plan also includes drug benefits.... more
  • Municipal obligation bond Insurance Glossary
    Municipal obligation bond any security, or other instrument, including a state lease but not a lease of any other governmental entity, under which a payment obl... more
  • Variable Life Insurance Insurance Glossary
    Variable Life Insurance life insurance whose face value and/or duration varies depending upon the value of underlying securities. What is Variable Life Insura... more
  • Asset Insurance Glossary
    Asset probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. An asset has three essential c... more
  • Commercial Mortgage Insurance Glossary
    Commercial Mortgage Backed Securities a type of mortgage backed security that is secured by the loan on a commercial property. What is Commercial Mortgage, Wh... more
  • Insurer an insurer or reinsurer Insurance Glossary
    Insurer an insurer or reinsurer authorized to write property and/or casualty insurance under the laws of any state. What is Insurer an insurer or reinsurer, W... more
  • Superfund Insurance Glossary
    Superfund federal act mandating retroactive liability for environmental pollution where responsible party maintains accountability for environmental clean up re... more
  • Group Annuities – Unallocated Insurance Glossary
    Group Annuities – Unallocated annuity contracts or portions thereof where the Insurer purchases an annuity for the retirees. What is Group Annuities – Unalloc... more
  • Group Credit – Life Insurance Glossary
    Group Credit – Life contracts sold in connection with loan/credit transactions or other credit transactions, which do not exceed a stated duration and/or amount... more
  • State Page Insurance Glossary
    State Page Exhibit of Premiums and Losses for each state a company is licensed. The state of domicile receives a schedule for each jurisdiction the company wrot... more
  • Conditions Insurance Glossary
    Conditions requirements specified in the insurance contract that must be upheld by the insured to qualify for indemnification. What is Conditions , What does... more
  • Annuitant Insurance Glossary
    Annuitant the beneficiary of an annuity payment, or person during whose life and annuity is payable. What is Annuitant , What does mean Annuitant , Insurance... more
  • Non controlled stock insurers Insurance Glossary
    Non controlled stock insurers insurers in which a parent company has: 1) a financial interest represented by the direct or indirect ownership of less than 50% o... more
  • Capital and Surplus Requirement Insurance Glossary
    Capital and Surplus Requirement statutory requirement ordering companies to maintain their capital and surplus at an amount equal to or in excess of a specified... more
  • Ambulatory Services Insurance Glossary
    Ambulatory Services health services provided to members who are not confined to a health care institution. Ambulatory services are often referred to as "outpati... more
  • Company Code Insurance Glossary
    Company Code a five digit identifying number assigned by NAIC, assigned to all insurance companies filing financial data with NAIC. What is Company Code , What... more