Accelerated Benefit
Accident
Accident Hospital Indemnity Policy (AHIP)
Accidental Death
Accidental Death Insurance
Accrue
Accumulation Phase
ACLI
Act of God
Actuary
Age Basis - Age Change
Agent
Aggregate Limit
Amendment
American Council of Life Insurers - ACLI
American Society of CLU
Amortization
Anniversary
Annuity
Applicant
Application
Asset
Asset Valuation Reserve
Assignment
Attained Age
Attending Physician's Statement
Authorization
Auto/Pedestrian Coverage
Back Dating
Beneficiary
Benefit Period
Benefits
Blended Product
Cancellable
Cancellation
Capital Gain/Loss
Carrier
Cash Value
Certificate
Change of Beneficiary Provision
Change of Insured
Child Rider
Claim
Clause
Common Carrier
Concealment
Conditional Receipt
Contestable Period
Contingent Beneficiary
Contract
Conversion
Date of Issue
Death Benefit
Decreasing Term Insurance
Deferred Annuity
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Assignment
Assignment - Assignment of a mortgage can mean one of two things. Assignment can be the transfer of a mortgage from a buyer to a seller, or it can be the transfer of a mortgage from one lender to another. If your mortgage is assumable, an assignment would allow the buyer of your home to take over your current payments and interest rate. A second definition of the term is if your current lender sells your mortgage to another lender, they would assign, or transfer, the mortgage to that lender.
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