Glossary

A guaranty fund is a state-backed safety net that protects policyholders if an insurance company becomes insolvent. A guaranty fund helps pay claims when an insurer fails, making sure policyholders …

A Group Health Organization HMO gives members access to comprehensive healthcare services for a fixed fee, using approved doctors and facilities within a set service area. Understanding Group Health Organizations …

Group credit life insurance provides life insurance protection tied directly to a loan or credit agreement, helping pay off the debt if the borrower dies. Understanding Group Credit Life Insurance …

A group code is a short number that identifies insurance companies that belong to the same parent group. Understanding the Group Code in Simple Terms When you look at the …

Group health insurance provides medical coverage to employees or members of an organization under a single, shared insurance plan. Understanding Group Health Insurance in Simple Terms Group health insurance is …

A group annuity provides steady income to employees for a set period of time or for the rest of their lives, usually through an employer-sponsored plan. Understanding Group Annuities in …

A simple guide to understanding unallocated group annuities and how they work in employer-sponsored retirement plans. A Group Annuity – Unallocated is a term often used in pension plans and …

A clear and friendly guide to understanding immediate variable group annuities and how they create income that starts quickly and changes with the market. A Group Annuity – Immediate Variable …

A friendly guide to understanding how immediate non-variable and variable group annuities work and how they turn savings into quick-start income. A Group Annuity – Immediate Non-Variable and Variable may …