need to study

401 K Plan

Absolute assignment v. collateral assignment

Accelerated death benefit

Accidental death benefit

Accumulate at interest

Adhesion

Adverse selection

Agency agreement or agency contract

Agent authorities

Agent/producer

Agent’s report

Aleatory

Annual renewable term

Annuitant

Annuity

Appointment

Blackout period

Buy-sell agreement

Cash nonforfeiture option

Cash settlement option

Cash value

Commissioner

Conditional

Conditional receipt

Consideration

Contingent beneficiary

Contributory plan v. noncontributory plan

Convertible term

Decreasing term

Dividends

Equity indexed annuity

Estoppel

Extended term insurance

Face amount

Facultative reinsurance v. treaty reinsurance

Fair credit reporting act

Financial needs approach

A fixed amount annuity

Fixed amount settlement options

Fixed period settlement option

Free look provision

General account v. separate account

Grace period

Graded premium policy

Group insurance

Guaranteed insurability rider

Guaranty association

Hazard

Human life value approach

Immediate annuity v. deferred annuity

Incontestable clause

Indemnify

Individual retirement account(IRA)

Insurable interest

Insurer/principal

Insuring clause

Interest settlement option

Joint and survivor annuity

Keogh plan (HR10)

Lapsed policy

Law of agency

Law of large numbers

Level term insurance

License

Life annuity with period certain

Life annuity/ straight life annuity

Life income settlement option

Medical information bureau

Modified life policy

Nonforfeiture options

Non-qualified retirement plan

Participating company

Payor rider

Peril

Policy loan provision

Policy owner

Policy payment methods

Proof of insurability

Qualified retirement plan

Rebating

Reduced paid-up insurance

Reinstatement clause

Reinsurance

Renewable term

Replacement

Representations

Revocable beneficiary v. Irrevocable beneficiary

Riders

Risk classification

Settlement options

Spendthrift clause

Speculative risk

Stock insurer

Sheltered annuity(403B)

Third party ownership

Twisting

Underwritting

Simultaneous death act

Unilateral

Universal life insurance (UL)