| WORD | DESCRIPTION |
| Accident benefit | An extra feature that compensates the policy-holder if he meets with an accident. It is available with all policies by paying an additional Re. 1 per 1000 sum assured. |
| Accidental Death Insurance | Insurance providing payment if the insured's death results from an accident. |
| After Tax Rupees | This refers to the disposable income that the policyholder has in his hands after paying all tax dues during a particular financial year under the Income Tax Act of 1962. |
| Annuitant | The person who receives the annuity amount periodically. |
| Annuity | An insurance scheme that pays a certain value at monthly, quarterly, half yearly or yearly intervals, based on the annuitant's specification. |
| Assignee | The person, who gets the title, rights and benefits under the policy from the assignor. |
| Assignor | The policyholder who transfers the title, beneficial interest and rights under the policy to another individual. |
| Attained Age | Your current age. Your attained age is one of the factors life insurance companies use to determine your premiums. The older you are, the greater chance you'll die while you are covered, so the higher your premium. |
