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Glossary & Financial Terms: ‘N’

NAIC
Named Perils
Named Perils Coverage
Nasdaq Composit Index
National Association of Insurance Commissioners (NAIC)
National Association of Life Underwriters (NALU)
National Association of Securities Dealers (NASD)
NCCI
Negative Amortization
Net Amount at Risk
Net Asset Value (NAV)
Net Capital Gains
Net Exposure to Capital and Surplus atio
Net Exposure to Statutory Sapital Ratio
Net Income
Net Investment Income
Net Investment Income Ratio
Net Leverage
Net Operating Income
Net Premiums Written
Net Premiums/Gross Premiums
Net Reserves/Gross Reserves
Net Worth
No-Fault Automobile Insurance
No-Fault Insurance
No-Load Fund
Nominal Interest Rate
Non Cancellable
Non-Cancellable Policy
Non-Disabling Injury
Non-Forfeiture Option
Non-Forfeiture Values
Non-Medical Limit
Non-Occupational Policy
Non-Participating Insurance
Non-Qualified Annuity
Non-Qualified Pension Plan
Non-Qualified Sources
Non-Renewal Clause
Non-Smoker Rating
Noncancellable
Noncancellable (Noncan)
Noncancellable Guaranteed Renewable
Noncancellable Guaranteed Renewable Policy
Noncancellable Policy
Noncontributory Plan
Nonforfeiture Provision
Nonparticipating Policy
Nonparticipating Policy (Non Par)
Nonprofit Insurers
Nonresident Alien
Nonstandard Auto (High Risk Auto or Substandard Auto)
Nonwage Income
Normal Retirement Age
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