An insurance policy is a contract between a policyholder and an insurer that helps the policyholder manage risk and protect against unexpected financial losses. The policyholder may be an ...

vm / Getty Images An umbrella insurance policy is extra liability insurance coverage that goes beyond the limits of the insured's homeowners, auto, or watercraft insurance. It provides an ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Judges in Pennsylvania and Ohio also have grappled with the definition in cases involving certain travel insurance policies. In the Missouri case, which was coordinated into multidistrict ...

Aleatory contracts are commonly used in insurance policies. For example, the insurer does not have to pay the insured until an event, such as a fire that results in property loss. Aleatory ...

Family life insurance is a broad phrase to describe the various life insurance policies that can cover your entire family. Contrary to what the name implies, it doesn’t actually describe a ...

At the end of the day, if the insurance policies list the correct names of the owners, the definition covers you and the trust. Or, if you add your names as additional insured and loss payees on ...

When you're shopping for the best life insurance policy for you and your family, there are important decisions to make. We'll help you determine how much coverage you need, find the right type of ...

Group life insurance is a single contract that provides coverage to a group of people, typically those who work for the same company. The employer owns the policy, which covers the employees.