Noninsured Plan

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Noninsured Plan

A defined-benefit pension plan on which payments are not guaranteed by a third party, such as an insurance company or a government.

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Only one respondent mentioned a pre-existing conditions provision as part of a self-insured plan, possibly due to the no-application, no'underwriting approach usually followed by a non-insured plan.

Insurance issues for financial institutions

Our traditional non-insured plans as well as our insured and self-funded products continue to record revenue gains while showing broad market acceptance," he said.

FAHC'S second quarter revenues and earnings up

Revenues from the traditional non-insured plans increased 28 percent," Raycraft said, "while the insured and self-funded products also continue to receive broad market acceptance, recording revenue gains of 81 percent compared to last year's first quarter.