Glossary of Terms

H

Home Office Life Underwriters Association. :
An organization offering a course of study for home office Life Underwriters. (LI)
Home Service Industrial Insurance. :
See Industrial Life Insurance. (LI)
Home Service Life Insurance. :
See Industrial Life Insurance. (LI)
Home Service Ordinary. :
A monthly premium policy of Ordinary Life Insurance, not Industrial, with the premiums collected according to the debit system. (LI)
Human Life Value. :
A method of determining Life Insurance needs by considering a person's income, expenses, remaining years of earning capacity, and depreciation in the value of the dollar over time. (LI)

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Glossary of Insurance Terms

H

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