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Term Insurance meaning in Urdu

Term Insurance Sentence

Term insurance is most often associated with life insurance policies.

Term Insurance Definitions

1) Term Insurance : میعادی بیمہ : (noun) low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value.

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Useful Words


Insured : بیمہ دار , Insurance Premium : بیمہ کی قسط , Cover : بیمہ کرانا , General Agent : بیمے والا , Health Care : بیمار کا بیمہ , Health Insurance : صحت کا بیمہ , Insurance Company : بیمہ کرنے والا , Adjust : رقم طے کرنا , Coinsurance : مشترکہ بیمہ , Hazard Insurance : خطرے کا انشورنس , Take-Home Pay : خالص تنخواہ , Hospitalization : ہسپتال کا بیمہ , Reinsure : دوبارہ بیمہ کرانا , Life Assurance : زندگی کا بیمہ , Moral Hazard : بیمہ دار کی ممکنہ بد دیانتی پر مبنی بیمہ کمپنی کو خطرہ , Loss Ratio : نقصان کی مقدار , Health Maintenance Organization : صحت کے مشترکہ بیمے کا ادارہ , Actuary : بیمے کا حساب کرنے والا , Fixed Charge : مقررہ خرچ , Insurance : کسی نقصان کے تحفظ کے لیے بیمہ کرانا , Double Indemnity : دہرا ہرجانہ , Adjuster : بیمے کے دعووں کو چکانے والا , Commercial Paper : تجارتی دستاویز , Medicare : طبی دیکھ بھال , Earnings : خالص نفع , Reinsurance : دوہری بیمہ کاری , Predicate : اشارہ , Pro Rata : تناسب کے ساتھ , Amortisation : وقت گزرنے کے ساتھ اثاثے کی مالیت میں کمی , Cobber : یار دوست کی آسٹریلوی اصطلاح , Bozo : بندہ

Useful Words Definitions


Insured: a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc.

Insurance Premium: payment for insurance.

Cover: protect by insurance.

General Agent: an agent who sells insurance.

Health Care: social insurance for the ill and injured.

Health Insurance: insurance against loss due to ill health.

Insurance Company: a financial institution that sells insurance.

Adjust: decide how much is to be paid on an insurance claim.

Coinsurance: insurance issued jointly by two or more underwriters.

Hazard Insurance: insurance that provides protection against certain risks such as storms or fires.

Take-Home Pay: what is left of your pay after deductions for taxes and dues and insurance etc.

Hospitalization: insurance that pays all or part of a patient`s hospital expense.

Reinsure: insure again by transferring to another insurance company all or a part of a liability assumed.

Life Assurance: insurance paid to named beneficiaries when the insured person dies.

Moral Hazard: (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance).

Loss Ratio: the ratio of the annual claims paid by an insurance company to the premiums received.

Health Maintenance Organization: group insurance that entitles members to services of participating hospitals and clinics and physicians.

Actuary: someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums).

Fixed Charge: a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.).

Insurance: promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company.

Double Indemnity: a clause in an insurance policy that provides for double the face value of the policy in the case of accidental death.

Adjuster: one who investigates insurance claims or claims for damages and recommends an effective settlement.

Commercial Paper: an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash.

Medicare: health care for the aged; a federally administered system of health insurance available to persons aged 65 and over.

Earnings: the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses).

Reinsurance: sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured.

Predicate: (logic) what is predicated of the subject of a proposition; the second term in a proposition is predicated of the first term by means of the copula.

Pro Rata: pro rata is a Latin term meaning "in proportion." It is used to describe a proportional allocation or distribution of something based on a specific factor, such as time, amount, or share.

Amortisation: the reduction of the value of an asset by prorating its cost over a period of years.

Cobber: Australian term for a pal.

Bozo: an informal term for a youth or man.

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