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Glossary of Life Insurance Terms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Definitions written so you can actually understand them. Browse alphabetically, or search for a word or term by typing it into the search field located in the top navigation by the GO button (above right).

Heirs
Persons who are entitled by law to inherit one's estate if you don't leave a will or other device to pass property at your death.

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Hold Harmless Release
This is a discharge signed by a life insurance payee that states that the signing payee will reimburse the insurance carrier if another claimant later successfully challenges the disbursement of the policy's proceeds.

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Life insurance...because
life is unpredictable.

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