Age Limits
Barron's Insurance Dictionary:
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Age Limits
Maximum age of an applicant or insured beyond which an insurance company will not initially underwrite a risk or continue to insure it. For example, under some forms of renewable term life insurance , coverage will not be renewed beyond age 60.
| Age Discrimination in Employment Act (ADEA), Age Change, Affiliated Companies | |
| Age Setback, Age-Weighted Profit-Sharing Plan, Agency |
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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