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