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Insurance Advisors
Resources
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Insurance Advisors
Terms
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> Stand-Alone Life
This plan type provides life insurance but does not include any other coverage.
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> Stand-Alone Prescription
This plan type provides prescription-drug coverage, which generally means the insured person can obtain prescription drugs at a set price of a few dollars, but does not include any other coverage.
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> Dependent Property
This refers to a kind of business-interruption endorsement on a commercial policy that protects you from financial losses caused by problems somewhere other than your business. “Dependent property” is defined as property not owned, operated or controlled by you but on which you are dependent for normal business operations.
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Did You Know?