insurance

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Related to Insurance Contracts: insurance policy, Health Insurance Contracts
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Synonyms for insurance

Synonyms for insurance

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The key features of the new proposals, as put forth by Sandler O'Neill + Partners, an investment banking firm and broker-dealer, are their redefinition of the term "insurance contract" based on the characteristics of the instrument rather than the identity of the issuer; the scope of the proposals, which would extend to issuers other than insurers, including banks; and the fair value measurement of insurance contracts, which would be recognized in a combination of net income or other comprehensive income, noted Sandler OCyNeill.
However, the employer did make an effort to satisfy the requirements after the insurance contracts were purchased.
6 of the General Terms and Conditions of Insurance Contracts of the Estonian-based ERGO Insurance AS (hereinafter--the ERGO Terms) sets out that if an insurance contract is cancelled, the policyholder is entitled to a refund of the premium paid for the time remaining until the end of the insurance period, less the administrative expenses of the insurer (15% of the annual premium).
While the suitability of a 1035 exchange will always be dictated by a client's needs, goals and circumstances, here are some scenarios in which trading in one annuity or life insurance contract for another may ultimately prove to be the best option:
GAAP currently contains specific guidance on accounting for insurance contracts (such as life insurance policies) from the insurer's perspective.
Because amounts paid for qualified long-term care insurance contracts come within the definition of medical care, qualified long-term care insurance premiums are eligible for deduction from income by self-employed persons.
Life Insurance Contracts Sold and Purchased in the Secondary Market
As a result, an increasing number of issuers now develop contracts with maturity dates beyond age 100, even though the qualification of the contracts as life insurance contracts (and as MECs) is tested using computational rules that deem the contracts to mature between the date the insured attains age 95 and the date the insured attains age 100.
Under IRC [section] 60391, every policyholder owning one or more employer-owned life insurance contracts issued after Aug.
The paper outlines the principles expected to comprise the draft IASB accounting standard for insurance contracts for insurance companies, including captives.
The Financial Accounting Standards Board has issued an invitation to comment to help it decide whether there is a need for a project on accounting for insurance contracts and whether it should undertake this project jointly with the International Accounting Standards Board.
said Thursday total insurance contracts concluded by its three life insurance subsidiaries as of March 31 fell 0.
In the real world many insurance contracts cover different kinds of losses although insured's prevention activities affect the probability of each kind of loss in different ways.
After all, the insurance company wrote the contract and enters into insurance contracts every day.
Commission services had called on France in November 2001 to abolish the exemption from the tax on insurance contracts in the case of health insurance risks.
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