Terminology

Insurance terminology in simple English

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Domestic insurer
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A domestic insurer is a company that helps you to stay safe in case something bad happens. It's like having an invisible superhero watching out for you. ...

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Certified insurer
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Certified insurers are companies that have been given permission by the government to provide insurance services. Just like how your parents make sure you go ...

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Expectation of life
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Expectation of Life Life expectancy is the expected number of years of life remaining for a person at a given age. It is an important measure that helps us ...

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Co-insurer
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Who is a co-insurer? The concept of co-insurance is a relatively new idea in the insurance industry that can provide both businesses and individuals with ...

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