What is a gatekeeper?

June 30, 2024 No Comments

A: There are two definitions of the term “gatekeeper,” one used in relation to health insurance and one regarding long-term care plans. When used in relation to health insurance, gatekeeper describes the person in charge of a patient’s treatment. Anyone who receives health insurance coverage in the form

What is a gatekeeper?

July 7, 2024 No Comments

What is an elimination period?

June 30, 2024 No Comments

A: Elimination period is a term used in insurance to refer to the time period between an injury and the receipt of benefit payments. In other words, it is the length of time between the beginning of an injury or illness and receiving benefit payments

What is an elimination period?

July 7, 2024 No Comments

What is authorized stock?

June 30, 2024 No Comments

Authorized stock represents the maximum number of common shares that can be issued legally by the company as stated in the company’s charter. The number of authorized shares that is identified in the company’s charter often greatly exceeds the number of shares that is issued

What is authorized stock?

July 7, 2024 No Comments

What is disability-income insurance?

June 30, 2024 No Comments

Disability-income insurance is insurance that provides financial benefits to a policyholder in the event of sickness or injury that inhibits the ability to work. Disability-income insurance is meant as a substitute of no more than 80% of income on a tax-free basis should illness keep

What is disability-income insurance?

July 7, 2024 No Comments

What is happening during a risk repricing?

June 30, 2024 No Comments

During a strong bull market, the market’s overall sense of optimism can often lead to poor estimates about the level of risk that an investment may possess. Unfortunately, once a market correction occurs, investors will often realize that they have been exposed to more risk

What is happening during a risk repricing?

July 7, 2024 No Comments

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