See: global capitation .
Tag: REFERENCE
Fully capitated
See: global capitation .
Fully paid up policies
See: PAID-UP POLICIES.
Functional benchmarking
See: benchmarking .
Funded Cover
See: Rating
*****
UK: Prospective excess of loss treaty under which the cedant pays high premiums to the reinsurer for the purpose of paying later losses. The reinsurer deducts charges from the fund and, at the end of the contract, returns the balance to the cedant as profit commission.
Funding deficiency
See: accumulated funding deficiency .
Funding instrument
See: funding vehicle .
Fur floater
See: Floater.
Future purchase option
See: cost-of-living adjustment .
FY
See: fiscal year (FY).