Insuropedia

A glossary of insurance industry terms and definitions.
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Lapse
L
Lapsed Policy
L
Late Applicant
L
Level Cost of Insurance (LCOI)
L
Level Premium Insurance
L
Life Annuity
L
Life Event
L
Life Expectancy
L
Life Insurance
L
Life Insurance Needs Analysis
L
Life Insured
L
Lifestyle Spending Accounts
L
Lifetime Maximum
L
Living Benefits
L
Locked-In Retirement Account (LIRA)
L
Long Term Care Insurance
L
Long Term Disability Insurance (LTD)
L
Management Expense Ratio (MER)
M
Material Facts
M
Material Misrepresentation
M
Maturity Date
M
Maximum Premium (Universal Life Insurance)
M
Medical Condition
M
Medical Emergency
M
Medical Examination
M
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