What is Aircraft Insurance?Aircraft insurance is an insurance policy that helps to provide liability and property coverage for aircraft and aviation. It is often referred to as aviation insurance. It ...
What Is Life Insurance?Life insurance is an insurance policy whereby the potential insured and the insurance policyholder signed a contract where the insured agreed to pay a stipulated beneficia...
What is Bank-Owned Life Insurance (BOLI)?DefinitionBank-owned life insurance is a type of life insurance that covers a bank both as the owner and beneficiary. Through the use of some cash-value p...
Accidental Death and Dismemberment Insurance (AD&D) Meaning of Accidental Death and Dismemberment Insurance The Accidental Death and Dismemberment insurance, abbreviated as AD&D, can be l...