protection provided to a person who has applied for life insurance, even before the acceptance of this proposal by the…
the statutory ratio indicating if the insurer has the assets for its current and future liabilities towards the insured, beneficiaries…
the sum included in insurance contract. Typically, the sum is the upper limit of liability of insurer
the sum which is stated in the insurance contract. Typically, the sum is the upper limit of liability of insurer
life insurance premium to be paid once for the whole period of coverage; it is applied e.g. with unit-linked products.
The premium defined for substandard risk, i.e. a higher one than the one assumed at the moment of calculating the…
the detailed terms of the agreement attachment to the insurance or reinsurance contract.
Statutory indicator of the level of capital protection activities conducted by the insurer; statutory rate should be higher than 100…
any property-related business that is not contrary to law and can be evaluated in monetary terms.
capital required for the insurer to pursue safe insurance activity, calculated by taking into account the specifics and weight of…
