FAQ Category: GLOSSARY

What is an accidental death benefit? The term accidental death benefit refers to a payment due to the beneficiary of… Read more »

What is a certificate of insurance? A certificate of insurance (COI) is a statement of coverage issued by the company… Read more »

What is a claim? An insurance claim is a formal request by a policyholder to an insurance company for coverage… Read more »

What is a declaration page?  The page (or pages) of a policy that specifies the named insured, address, policy period,… Read more »

What is a deductible?  In an insurance policy, the deductible is the amount paid out of pocket by the policyholder… Read more »