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Insurance Glossary

Industry jargon and unfamiliar terminology can be confusing.

No insurance resource would be complete without a helpful menu of terms and concepts. This information-rich list will help you make sense of the solutions you are considering.

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0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z (ALL)

Restoration Benefit

​A rider available with Long Term Care insurance policies. If the insured has been on claim, then goes off claim and stays off claim for 180 consecutive days, the insurance company will resort the amount of benefits paid.