Category Archives: T – Asuransi Jiwa

TIA

See temporary insurance agreement

TI benefit

See terminal illness benefit

time limit on certain defenses provision

The incontestability provision included in some individual health insurance policies which states that the after policy has been in force for a specific period-usually two or three years- the insurer cannot use a material misrepresentation in the application to contest the policy or deny a claim unless the misrepresentation was fraudulent

traditional indemnity reinsurance

A reinsurance arrangement that is used to transfer a portion of a direct writer’s accepted risk on an ongoing basis and that is intended to be a permanent transfer. Contrast with assumption reinsurance

tradional team

A type of work team in which the manager or supervisor performs most or all of the management tasks, such as organizing, planning, monitoring, and controlling the work; other teams members concentrate solely on doing the work-performing the business functions for which the team is responsible

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