By Kim Komando So there you are, rushing to catch a plane. You’ve got an important presentation on your laptop PC, along with sensitive company and personal information. And then, suddenly, it’s gone. Either you’ve lost it, or it’s been stolen. Now you’re in a real jam. Airports and hotels are favorite places for thieves. Laptops disappear from both and that’s... 

How much life insurance do you need? This comprehensive life insurance calculator includes detailed net worth analysis, budgeting and college savings to help you decide how much life insurance you might need. You can also adjust the inflation rate and your expected rate of return to see how these variables can impact your insurance needs. Definitions Years for insurance income to last Number of years... 

Title: 7 Insider’s Questions You Must Know Before Spending a Dime on Health Insurance Author: Jay Davidson Inside it, you’ll learn… How to get insured even with Pre-Existing Health Conditions . . . How to Know If Your Family Healthcare Insurance is Adequate. . . Secrets about Health Savings Account (HSA) that Most People Don’t Know . . . The intricate differences between PPOs,... 

Secondary Market – The secondary market is populated by buyers willing to pay what they determine to be fair market value. Section 1035 Exchange- This refers to a part of the Internal Revenue Code that allows owners to replace a life insurance or annuity policy without creating a taxable event. Section 7702- Part of the Internal Revenue Code that defines the conditions a life policy must satisfy... 

Occurrence – An event that results in an insured loss. In some lines of business, such as liability, an occurrence is distinguished from accident in that the loss doesn’t have to be sudden and fortuitous and can result from continuous or repeated exposure which results in bodily injury or property damage neither expected not intended by the insured. Operating Cash Flow – Measures... 

Impaired Insurer – An insurer which is in financial difficulty to the point where its ability to meet financial obligations or regulatory requirements is in question. Indemnity- Restoration to the victim of a loss by payment, repair or replacement. Independent Insurance Agents & Brokers of America (IIABA) - Formerly the Independent Insurance Agents of America (IIAA), this is a member organization... 

Death Benefit – The limit of insurance or the amount of benefit that will be paid in the event of the death of a covered person. Deductible- Amount of loss that the insured pays before the insurance kicks in. Developed to Net Premiums Earned- The ratio of developed premiums through the year to net premiums earned. If premium growth was relatively steady, and the mix of business by line didn’t...