Index
Term · Insurance and risk management · MLC-T-INS-001809
A statistical measure that tracks changes in a specific market, economic sector, or financial instrument over time. In insurance, an index can be used to adjust policy values, premiums, or deductibles to account for inflation or other economic factors. Examples include the Consumer Price Index (CPI) for inflation adjustments or stock market indices for variable annuity performance.
| Identifier | MLC-T-INS-001809 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001809",
"term": "Index",
"field": "Insurance and risk management",
"definition": "A statistical measure that tracks changes in a specific market, economic sector, or financial instrument over time. In insurance, an index can be used to adjust policy values, premiums, or deductibles to account for inflation or other economic factors. Examples include the Consumer Price Index (CPI) for inflation adjustments or stock market indices for variable annuity performance.",
"url": "https://mlchart.com/terminology/insurance/index-term/"
}
Record 1,744 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.