Learn how retrospectively rated insurance adjusts premiums based on actual losses, the benefits it offers, and how it compares to experience-rated insurance.

There’s a lot to know and keep track of in the fast-paced world of automobile insurance. The myriad of terms used to describe everything from apples to oranges causes even more confusion for consumers ...

This glossary includes many commonly used insurance and insurance-related terms. It is not an exhaustive list and only meant as an educational or informational aid. Terms, or definitions, as related ...

Knowing the terminology helps when trying to make the best choices. If you aren't familiar with the insurance terms used in discussing your options, making choices can be difficult. Here's a little ...

The sum assured is the amount of money an insurance policy guarantees to pay up before any bonuses are added. In other words, sum assured is the guaranteed amount the policyholder will receive. This ...

An international coalition of standard bodies Association for Cooperative Operations Research and Development (ACORD), eEG7 and Centre for Study of Insurance Operations (CSIO) recently harmonized ...

Navigating health insurance can be confusing. Understanding some common terms can help. The following list is a glossary of some commonly used health insurance terms. However, it’s not a full list. It ...

Let's face it - motorcycle insurance can be a little confusing at times. Do you know your liability from your legal expenses? Well we've tried to clear up any confusion with this useful motorbike ...

Even if your bank fails, if your assets are in an eligible account at a FDIC-member financial institution, you will get your money back up to the FDIC’s $250,000 insured limit. Amidst a wave of bank ...

Elizabeth Blessing is a financial writer and editor specializing in growth investing, high-yield stocks, small caps, and gold investing. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA ...