Insurance Terms - Wiki

Death Benefit

Death Benefit The primary benefit of life insurance is the death benefit, which helps beneficiaries cover mortgage payments, daily expenses, and future education costs after

Terminal Illness

Terminal Illness What is terminal illness? A terminal illness is a condition that cannot be cured and will ultimately lead to death. Life expectancy is

Income Protection vs ACC

Income Protection vs ACC (2024 Comparison) ACC covers accidents only; income protection insurance covers any medical conditions. Income Protection or ACC: what is better? Income

Continuation Option

What is Continuation Option in Insurance and how to convert your policy? LifeCovered – Insurance Broker Key Points You can take over your employer-provided insurance

Accident Compensation Corporation

Accident Compensation Corporation (ACC) Accident Compensation Corporation (ACC) Te Kaporeihana Āwhina Hunga Whara, is a New Zealand Crown entity responsible for administering the country’s universal