The purpose of the Short Term Insurance Ombudsman is to resolve disputes between members and insured consumers in an independent, impartial, cost-effective, efficient, informal and fair way. . More Details »
Life insurance, usually for small sums insured with premiums payable at intervals of less than two months, often weekly and generally collected at the home of the insured by an agent or collector of the life office. In Force 1. Referring to a policy, it means the policy is in effect and has not expired or been cancelled.