Variable Flexible Premium Universal

Flexible Premium Variable Life (Universal)

Flexible Premium Variable Life (Universal) Flexible premium variable life (VUL) insurance is a type of life insurance that allows policyholders to adjust their premium payments and investment choices. This flexibility can make it a good option for policyholders who need or want more control over their life insurance coverage. Features of flexible premium variable life…

Automatic Premium Provision Loan

Automatic Premium Loan Provision

Automatic Premium Loan Provision An automatic premium loan provision (APL) is a clause included in some life insurance policies that allows the insurance company to automatically borrow money from the policy’s cash value to pay outstanding premium payments. APLs are most common in cash value life insurance policies, such as whole life insurance. If a…

Indemnity Insurance Premiums

What Is Indemnity Insurance?

What Is Indemnity Insurance? In contract law, an indemnity is a contractual obligation of one party to compensate the loss incurred by another party due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to “hold harmless” or “save…


The Evolution of the Cyber Insurance

The Evolution of the Cyber Insurance The cyber insurance market has evolved rapidly in recent years, driven by the increasing frequency and severity of cyber attacks. In the early days of cyber insurance, policies were primarily focused on covering first-party losses, such as the cost of restoring data and systems after a breach. However, as…

Wall Street

Significance Of A Health/Life Insurance Broker On Wall Street

Significance Of A Health/Life Insurance Broker On Wall Street A health/life insurance broker on Wall Street is a professional who helps individuals and businesses find and purchase health and life insurance plans. They work with a variety of insurance companies to offer their clients a wide range of options to choose from. Health/life insurance brokers…