Call Us Today !
Tampa Office:
(813) 739-8705
Margate Office:
(954) 623-6164
Tollfree:
(866) 882-8209
 
  A  |   B  |   C  |   D  |   E  |   F  |   G  |   H  |   I  |   J  |   K  |   L  |   M  |   N  |   O  |   P  |   Q  |   R  |   S  |   T  |   U  |   V  |   W  |   X  |   Y  |   Z  
J
JOINT AND SURVIVOR ANNUITY
An annuity with two annuitants, usually spouses. Payments continue until the death of the longest living of the two.
 
JOINT UNDERWRITING ASSOCIATION / JUA
Insurers which join together to provide coverage for a particular type of risk or size of exposure, when there are difficulties in obtaining coverage in the regular market, and which share in the profits and losses associated with the program. JUAs may be set up to provide auto and homeowners insurance and various commercial coverages, such as medical malpractice. (See Assigned risk plans, Residual market )
 
JUNK BONDS
Corporate bonds with credit ratings of BB or less. They pay a higher yield than investment grade bonds because issuers have a higher perceived risk of default. Such bonds involve market risk that could force investors, including insurers, to sell the bonds when their value is low. Most states place limits on insurers’ investments in these bonds. In general, because property/casualty insurers can be called upon to provide huge sums of money immediately after a disaster, their investments must be liquid. Less than 2 percent are in real estate and a similarly small percentage are in junk bonds.
 
1st Capital Insurance
3302 W Cypress St Suite#105 Tampa, FL 33607
  Toll Free: 866-882-8209
  Telephone: 813-739-8705
  Fax: 813-739-8718
2515 N. State Rd 7 Suite#213 Margate, FL 33063
  Telephone : 954-623-6164
  Fax: 954-623-6181
Home   About Us   Get A Quote   Personal   Business   Customer Service   Resources   Contact Us  
© 1st Capital Insurance, Inc. Website Design, Development & Hosting by ARCS