Glossary Index | Categories | Tagged Terms

Terms with Tag Insurance

First Loss Insurance Policy -
Gatekeeper

Home Care -
Inflation Protection

General Partner's Legal Liability (GPLL) — Acronym,
Glass Damage Waiver (GDW) — Acronym,
Global Econometric Model (GEM) — Acronym,
Grace Period — Definition,
- If the credit card user does not carry a balance, the grace period is the interest-free time a lender allows between the transaction date and the billing date. The standard grace period is usually between 20 and 30 days. If there is no grace period, finance charges will accrue the moment a purchase is made with the credit card. People who carry a balance on their credit cards have no grace period.
- A window of time where a policyholder still has time to pay insurance premiums.
Great-West Life & Annuity Insurance Company (GWLA) — Company,
Gross Earned Premiums (GEP) — Acronym,
Gross Revenue Insurance Plan (GRIP) — Acronym,
➥ Canadian crop insurance and revenue protection plan.
Group Critical Illness (GCI) — Acronym,
Group Health Insurance Plan — Definition,
- Health insurance that covers a large group of people, often as part as a employee benefit package.
Group Home Care — Definition,
- An arrangement where a group of people with disabilities receive both custodial and medical care in a single residence instead of in their own homes, which can be prohibitively expensive.
Group Life Insurance — Definition,
- Life insurance offered to a large number of people belonging to an organization, usually as part of a benefit package.
Group Self-Insurance (GSI) — Acronym,
Group Term Life Insurance (GTLI) — Acronym, Important,
Group Universal Life (GUL) — Acronym, Important,
- Life insurance offered to a large number of people belonging to an organization, usually as part of a benefit package.
Group Universal Life Program (GULP) — Acronym,
Group Yearly Renewable Term (GYRT) — Acronym,
Growth Funeral Plan Annuity (GFPA) — Acronym, Ontario, Canada,
➥ (Guaranteed Funeral Deposits of Canada)
Guaranteed Insurability Benefit (GIB) — Acronym, Important,
Guaranteed Insurability Option (GIO) — Acronym, Important,
Guaranteed Minimum Death Benefit (GMDB) — Acronym, Important,
- The minimum amount of money promised to be awarded to a beneficiary, provided all premiums have been paid.
Guaranteed Renewable — Definition,
- An insurance policy that gives the insured the option to renew the policy at the end of the its term, however the insurer has no restrictions on raising premiums.
Guaranteed Renewable Policy (GRP) — Acronym,
Guaranteed Withdrawal Benefit for Life (GWBL) — Acronym,
Handicap Accessibility — Definition,
- A measure of how accessible a location, product or service is for people with special needs or disabilities.
Hazard — Definition,
- Anything that poses a potential risk of injury or damage.
Hazard Insurance — Definition,
- Insurance that covers hazards that are considered risky enough not to be covered by a standard insurance policy.
Hazardous Activity — Definition,
- Activities that pose a high risk of injury and as such are not covered by an insurance policy.
Health Maintenance Organization (HMO) — Acronym, Important,
- A healthcare plan where insured people receive reasonably priced health insurance through an organization with firm guidelines on the scope of care.
Healthcare Plan — Definition,
- Insurance that can cover medical and dental expenses for insured people.
High Risk Auto Insurance — Definition,
- Auto insurance for drivers with an increased risk of collisions.