Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Types Of Insurance
Any risk that can be quantified probably has a type of insurance to protect it. Among the different types of insurance are: Automobile i...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Insurance In Blackjack
In the casino game , insurance is an optional play that requires the player to bet 1/2 of his current bet to the posibilitiy of the house...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Life Insurance And Saving
Certain life insurance contracts accumulate cash values, which may be taken by the insured if the policy is surrendered or which may be b...   » Read the article

Encyclopedia - Casualty Insurance: Encyclopedia - Casualty Insurance
Casualty insurance is a broad category of insurance that includes almost any coverage that is not related to life, health, or property. ...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - History Of Insurance
Early methods of transferring or distributing risk were practiced by Babylonian traders as long ago as the 2nd millennium BCE. The Babylo...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Principles Of Insurance
The timing or occurrence of the loss must be uncertain. The rate of losses must be relatively predictable: In order to set premiums (pric...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Types Of Insurance Companies
Insurance companies may be classified as Life insurance companies, who sell life insurance, annuities and pensions products. Non-life or...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Principles Of Insurance
The timing or occurrence of the loss must be uncertain. The rate of losses must be relatively predictable: In order to set premiums (pric...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Controversies
Insurance - Insurance insulates too much. By creating a "security blanket" for its insureds, an insurance company may inadvertently fin...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Determination Of Rate Structures
The insurer uses actuarial science to quantify the risk they are willing to assume. Data is generated to approximate future claims, ordin...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Indemnification
An entity seeking to transfer risk (an individual, corporation, or association of any type) becomes the 'insured' party once risk is assu...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - How An Insurance Company Makes Money
A customer might pay one or more premium payments over time. The company collects these payments from one or more customers. If something...   » Read the article

Encyclopedia - Insurance: Encyclopedia Ii - Insurance - Gambling Analogy
Some people erroneously consider insurance a type of wager (particularly as associated with moral hazard) that executes over the policy p...   » Read the article

Dictionary - Insurer: Insurance Glossary Dictionary Ii - Insurer
Definition and meaning of Insurer :   A provider of insurance. If the insurance is underwritten at LloydÕs the insurer(s) will ...   » Read the article

Dictionary - Insured: Insurance Glossary Dictionary Ii - Insured
Definition and meaning of Insured :   A person who is insured under a contract of insurance. Where there is one insured this pe...   » Read the article

Dictionary - Authorized Insurer: Insurance Terms Dictionary - Authorized Insurer
Definition and meaning of Authorized Insurer :   Authorized Insurer: An insurer authorized by the state to transact business in...   » Read the article

Dictionary - Insurability: Insurance Glossary Dictionary Iii - Insurability
Definition and meaning of insurability :   insurability: Acceptability to the company of an applicant for insurance. (Source...   » Read the article

Dictionary - Unauthorized Insurer: Insurance Terms Dictionary - Unauthorized Insurer
Definition and meaning of Unauthorized Insurer :   Unauthorized Insurer: See Nonadmitted Insurer. (Source: InsWeb)   ...   » Read the article

Dictionary - Unauthorized Insurer: Insurance Terms Dictionary - Unauthorized Insurer
Definition and meaning of Unauthorized Insurer :   Unauthorized Insurer: See Nonadmitted Insurer. (Source: InsWeb)   ...   » Read the article

Dictionary - Gi Insurance: Insurance Terms Dictionary - Gi Insurance
Definition and meaning of GI Insurance :   GI Insurance: See United States Government Life Insurance. (G,LI) (Source: InsWeb...   » Read the article

Dictionary - Gi Insurance: Insurance Terms Dictionary - Gi Insurance
Definition and meaning of GI Insurance :   GI Insurance: See United States Government Life Insurance. (G,LI) (Source: InsWeb...   » Read the article

Dictionary - Insured: Insurance Glossary Dictionary Iii - Insured
Definition and meaning of insured :   insured: The person on whose life the policy is issued. (Source: Bank of America ) &n...   » Read the article

Dictionary - And Insurance Expense: Insurance Terms Dictionary - And Insurance Expense
Definition and meaning of and Insurance Expense :   and Insurance Expense: See Operating Expense. (Source: InsWeb)   ...   » Read the article

Dictionary - And Insurance Expense: Insurance Terms Dictionary - And Insurance Expense
Definition and meaning of and Insurance Expense :   and Insurance Expense: See Operating Expense. (Source: InsWeb)   ...   » Read the article

Dictionary - Renters Insurance: Insurance Glossary Dictionary Iv - Renters Insurance
Definition and meaning of RENTERS INSURANCE :   RENTERS INSURANCE: A form of insurance that covers a policyholderÕs belongings ...   » Read the article

Dictionary - Mutual Insurer: Insurance Terms Dictionary - Mutual Insurer
Definition and meaning of Mutual Insurer :   Mutual Insurer: An incorporated insurer without incorporated capital owned by its ...   » Read the article

Dictionary - Mutual Insurer: Insurance Terms Dictionary - Mutual Insurer
Definition and meaning of Mutual Insurer :   Mutual Insurer: An incorporated insurer without incorporated capital owned by its ...   » Read the article

Dictionary - Nonadmitted Insurer: Insurance Terms Dictionary - Nonadmitted Insurer
Definition and meaning of Nonadmitted Insurer :   Nonadmitted Insurer: An insurer not licensed to do business in the jurisdicti...   » Read the article

Dictionary - Nonadmitted Insurer: Insurance Terms Dictionary - Nonadmitted Insurer
Definition and meaning of Nonadmitted Insurer :   Nonadmitted Insurer: An insurer not licensed to do business in the jurisdicti...   » Read the article

Dictionary - Liquidation Of Insurer: Insurance Terms Dictionary - Liquidation Of Insurer
Definition and meaning of Liquidation of Insurer :   Liquidation of Insurer: Action undertaken by a state Insurance Department ...   » Read the article

Dictionary - Liquidation Of Insurer: Insurance Terms Dictionary - Liquidation Of Insurer
Definition and meaning of Liquidation of Insurer :   Liquidation of Insurer: Action undertaken by a state Insurance Department ...   » Read the article

Dictionary - Additional Insured: Insurance Terms Dictionary - Additional Insured
Definition and meaning of Additional Insured :   Additional Insured: A person other than the named insured who is protected und...   » Read the article

Dictionary - Foreign Insurer: Insurance Terms Dictionary - Foreign Insurer
Definition and meaning of Foreign Insurer :   Foreign Insurer: An insurer domiciled in a state of the United States other than ...   » Read the article

Dictionary - Foreign Insurer: Insurance Terms Dictionary - Foreign Insurer
Definition and meaning of Foreign Insurer :   Foreign Insurer: An insurer domiciled in a state of the United States other than ...   » Read the article

Dictionary - Primary Insurer: Insurance Glossary Dictionary Iii - Primary Insurer
Definition and meaning of primary insurer :   primary insurer: An insurer that directly assumes liabilities by issuing an insur...   » Read the article

Dictionary - Insurance-to-value: Insurance Glossary Dictionary Iv - Insurance-to-value
Definition and meaning of INSURANCE-TO-VALUE :   INSURANCE-TO-VALUE: Insurance written in an amount approximating the value of ...   » Read the article

Dictionary - Insurance: Insurance Glossary Dictionary Iii - Insurance
Definition and meaning of insurance :   insurance: Risk management plan that, for a price, offers the insured an opportunity to...   » Read the article

Dictionary - Insurance: Insurance Glossary Dictionary Iv - Insurance
Definition and meaning of INSURANCE :   INSURANCE: A system to make large financial losses more affordable by pooling the risks...   » Read the article

Dictionary - Overlapping Insurance: Insurance Terms Dictionary - Overlapping Insurance
Definition and meaning of Overlapping Insurance :   Overlapping Insurance: Coverage from two or more policies or insurers which...   » Read the article

Dictionary - Overlapping Insurance: Insurance Terms Dictionary - Overlapping Insurance
Definition and meaning of Overlapping Insurance :   Overlapping Insurance: Coverage from two or more policies or insurers which...   » Read the article

Dictionary - Stock Insurer: Insurance Terms Dictionary - Stock Insurer
Definition and meaning of Stock Insurer :   Stock Insurer: An incorporated insurer with capital contributed by stockholders, to...   » Read the article

Dictionary - Stock Insurer: Insurance Terms Dictionary - Stock Insurer
Definition and meaning of Stock Insurer :   Stock Insurer: An incorporated insurer with capital contributed by stockholders, to...   » Read the article

Dictionary - Transacting Insurance: Insurance Terms Dictionary - Transacting Insurance
Definition and meaning of Transacting Insurance :   Transacting Insurance: The solicitation, inducement, and preliminary negoti...   » Read the article

Dictionary - Transacting Insurance: Insurance Terms Dictionary - Transacting Insurance
Definition and meaning of Transacting Insurance :   Transacting Insurance: The solicitation, inducement, and preliminary negoti...   » Read the article

Dictionary - Alien Insurer: Insurance Terms Dictionary - Alien Insurer
Definition and meaning of Alien Insurer :   Alien Insurer: An insurer formed under the laws of a country other than the United ...   » Read the article

Dictionary - Director Of Insurance: Insurance Terms Dictionary - Director Of Insurance
Definition and meaning of Director of Insurance :   Director of Insurance: A title used in some states for the head of the depa...   » Read the article

Dictionary - Director Of Insurance: Insurance Terms Dictionary - Director Of Insurance
Definition and meaning of Director of Insurance :   Director of Insurance: A title used in some states for the head of the depa...   » Read the article

Dictionary - Commissioner Of Insurance: Insurance Terms Dictionary - Commissioner Of Insurance
Definition and meaning of Commissioner of Insurance :   Commissioner of Insurance: The title of the head of most state insuranc...   » Read the article

Dictionary - Commissioner Of Insurance: Insurance Terms Dictionary - Commissioner Of Insurance
Definition and meaning of Commissioner of Insurance :   Commissioner of Insurance: The title of the head of most state insuranc...   » Read the article

Dictionary - Captive Insurer: Insurance Terms Dictionary - Captive Insurer
Definition and meaning of Captive Insurer :   Captive Insurer: A legally recognized insurance company organized and owned by a ...   » Read the article

Dictionary - Captive Insurer: Insurance Terms Dictionary - Captive Insurer
Definition and meaning of Captive Insurer :   Captive Insurer: A legally recognized insurance company organized and owned by a ...   » Read the article

Dictionary - Monoline Insurer: Insurance Glossary Dictionary Iii - Monoline Insurer
Definition and meaning of monoline insurer :   monoline insurer: An insurer that writes only financial guaranty insurance. (...   » Read the article

Dictionary - Multiline Insurer: Insurance Glossary Dictionary Iii - Multiline Insurer
Definition and meaning of multiline insurer :   multiline insurer: An insurer that writes financial guaranty and property/casua...   » Read the article

Dictionary - Internet Insurer: Insurance Glossary Dictionary Iv - Internet Insurer
Definition and meaning of INTERNET INSURER :   INTERNET INSURER: An insurer that sells exclusively via the Internet. (Source...   » Read the article

Dictionary - Mutual Insurer Policy: Insurance Terms Dictionary - Mutual Insurer Policy
Definition and meaning of Mutual Insurer Policy :   Mutual Insurer Policy: Insurance issued by a mutual insurer. (Source: I...   » Read the article

Dictionary - Mutual Insurer Policy: Insurance Terms Dictionary - Mutual Insurer Policy
Definition and meaning of Mutual Insurer Policy :   Mutual Insurer Policy: Insurance issued by a mutual insurer. (Source: I...   » Read the article

Dictionary - Named Insured: Insurance Terms Dictionary - Named Insured
Definition and meaning of Named Insured :   Named Insured: Any person, firm, or corporation, or any member thereof, specificall...   » Read the article

Dictionary - Named Insured: Insurance Terms Dictionary - Named Insured
Definition and meaning of Named Insured :   Named Insured: Any person, firm, or corporation, or any member thereof, specificall...   » Read the article

Dictionary - Insurance: Insurance Glossary Dictionary Ii - Insurance
Definition and meaning of Insurance :   A contract whereby an insurer promises to pay the insured a sum of money or some other ...   » Read the article

Dictionary - Other Insurance: Insurance Terms Dictionary - Other Insurance
Definition and meaning of Other Insurance :   Other Insurance: The existence of other contracts covering the same interest and ...   » Read the article

Dictionary - Other Insurance: Insurance Terms Dictionary - Other Insurance
Definition and meaning of Other Insurance :   Other Insurance: The existence of other contracts covering the same interest and ...   » Read the article

Dictionary - Self-insurance: Insurance Terms Dictionary - Self-insurance
Definition and meaning of Self-Insurance :   Self-Insurance: Making financial preparations to meet pure risks by appropriating ...   » Read the article

Dictionary - Self-insurance: Insurance Terms Dictionary - Self-insurance
Definition and meaning of Self-Insurance :   Self-Insurance: Making financial preparations to meet pure risks by appropriating ...   » Read the article

Dictionary - Superintendent Of Insurance: Insurance Terms Dictionary - Superintendent Of Insurance
Definition and meaning of Superintendent of Insurance :   Superintendent of Insurance: The title of the head of a state or prov...   » Read the article

Dictionary - Superintendent Of Insurance: Insurance Terms Dictionary - Superintendent Of Insurance
Definition and meaning of Superintendent of Insurance :   Superintendent of Insurance: The title of the head of a state or prov...   » Read the article

Dictionary - Title Insurance: Insurance Terms Dictionary - Title Insurance
Definition and meaning of Title Insurance :   Title Insurance: Insurance which indemnifies the owner of real estate in the even...   » Read the article

Dictionary - Title Insurance: Insurance Terms Dictionary - Title Insurance
Definition and meaning of Title Insurance :   Title Insurance: Insurance which indemnifies the owner of real estate in the even...   » Read the article

Dictionary - Controlled Insurance: Insurance Terms Dictionary - Controlled Insurance
Definition and meaning of Controlled Insurance :   Controlled Insurance: (1) See Control. See Control Provision. An insurance a...   » Read the article

Dictionary - Controlled Insurance: Insurance Terms Dictionary - Controlled Insurance
Definition and meaning of Controlled Insurance :   Controlled Insurance: (1) See Control. See Control Provision. An insurance a...   » Read the article

Dictionary - Cooperative Insurance: Insurance Terms Dictionary - Cooperative Insurance
Definition and meaning of Cooperative Insurance :   Cooperative Insurance: Insurance issued by a mutual association such as a f...   » Read the article

Dictionary - Cooperative Insurance: Insurance Terms Dictionary - Cooperative Insurance
Definition and meaning of Cooperative Insurance :   Cooperative Insurance: Insurance issued by a mutual association such as a f...   » Read the article

Dictionary - Primary Insurance: Insurance Glossary Dictionary Iii - Primary Insurance
Definition and meaning of primary insurance :   primary insurance: The insurance of an individual mortgage. (Source: Bank of...   » Read the article

Dictionary - Insurance In Force: Insurance Glossary Dictionary Iii - Insurance In Force
Definition and meaning of Insurance in force :   Insurance in force: The aggregate unpaid balance of loans insured. (Source:...   » Read the article

Dictionary - Survivorship Insurance: Insurance Glossary Dictionary Iii - Survivorship Insurance
Definition and meaning of survivorship insurance :   survivorship insurance: Another name for second-to-die insurance. (Sour...   » Read the article

Dictionary - Crime Insurance: Insurance Glossary Dictionary Iv - Crime Insurance
Definition and meaning of CRIME INSURANCE :   CRIME INSURANCE: Term referring to property coverages for the perils of burglary,...   » Read the article

Dictionary - Collision Insurance: Insurance Glossary Dictionary Iii - Collision Insurance
Definition and meaning of collision insurance :   collision insurance: The part of an auto insurance policy that pays for the r...   » Read the article

Dictionary - Insurable Interest: Insurance Glossary Dictionary Iv - Insurable Interest
Definition and meaning of INSURABLE INTEREST :   INSURABLE INTEREST*: In insurance, a person exhibits an insurable interest in ...   » Read the article

Dictionary - Capital Stock Insurer: Insurance Terms Dictionary - Capital Stock Insurer
Definition and meaning of Capital Stock Insurer :   Capital Stock Insurer: See Stock Insurer. (Source: InsWeb)   Also...   » Read the article

Dictionary - Capital Stock Insurer: Insurance Terms Dictionary - Capital Stock Insurer
Definition and meaning of Capital Stock Insurer :   Capital Stock Insurer: See Stock Insurer. (Source: InsWeb)   Also...   » Read the article

Dictionary - Excess Insurance: Insurance Terms Dictionary - Excess Insurance
Definition and meaning of Excess Insurance :   Excess Insurance: A coverage designed to be in excess over one or more primary c...   » Read the article

Dictionary - Excess Insurance: Insurance Terms Dictionary - Excess Insurance
Definition and meaning of Excess Insurance :   Excess Insurance: A coverage designed to be in excess over one or more primary c...   » Read the article

Dictionary - Unemployment Insurance: Insurance Terms Dictionary - Unemployment Insurance
Definition and meaning of Unemployment Insurance :   Unemployment Insurance: Insurance against loss of income due to unemployme...   » Read the article

Dictionary - Unemployment Insurance: Insurance Terms Dictionary - Unemployment Insurance
Definition and meaning of Unemployment Insurance :   Unemployment Insurance: Insurance against loss of income due to unemployme...   » Read the article

Dictionary - Certificate Of Insurance: Insurance Terms Dictionary - Certificate Of Insurance
Definition and meaning of Certificate of Insurance :   Certificate of Insurance: (1) A statement of the coverage and provisions...   » Read the article

Dictionary - Certificate Of Insurance: Insurance Terms Dictionary - Certificate Of Insurance
Definition and meaning of Certificate of Insurance :   Certificate of Insurance: (1) A statement of the coverage and provisions...   » Read the article

Dictionary - Life Insurance: Insurance Glossary Dictionary Iv - Life Insurance
Definition and meaning of LIFE INSURANCE :   LIFE INSURANCE: See Ordinary life insurance; Term insurance; Variable life insuran...   » Read the article

Dictionary - Insured Peril: Insurance Glossary Dictionary Ii - Insured Peril
Definition and meaning of Insured peril :   A harmful event which is covered under a contract of insurance. (Source Lloyd's ...   » Read the article

Dictionary - Flood Insurance: Insurance Glossary Dictionary Iii - Flood Insurance
Definition and meaning of flood insurance :   flood insurance: A regular homeownerÕs policy will not pay for damages caused by ...   » Read the article

Dictionary - Bond Insurance: Insurance Glossary Dictionary Iii - Bond Insurance
Definition and meaning of bond insurance :   bond insurance: (Source: Bank of America )   Also see these pages: bond...   » Read the article

Dictionary - Social Insurance: Insurance Terms Dictionary - Social Insurance
Definition and meaning of Social Insurance :   Social Insurance: Compulsory insurance legislated to provide minimum economic se...   » Read the article

Dictionary - Insured Or Insured Life: Insurance Business Glossary Dictionary - Insured Or Insured Life
Definition and meaning of Insured or Insured Life :   Insured or Insured Life: The person on whose life the policy is issued. ...   » Read the article

Dictionary - Insurability: Insurance Business Glossary Dictionary - Insurability
Definition and meaning of Insurability :   Insurability: Acceptability to the company of an applicant for insurance. (Source...   » Read the article

Dictionary - Insured: Insurance Business Glossary Dictionary - Insured
Definition and meaning of Insured :   Insured: A person or organization covered by an insurance policy, including the "nam...   » Read the article

Dictionary - Insurer: Insurance Business Glossary Dictionary - Insurer
Definition and meaning of Insurer :   Insurer: The party to the insurance contract who promises to pay losses or benefits. Also...   » Read the article

Dictionary - Insurance: Insurance Business Glossary Dictionary - Insurance
Definition and meaning of Insurance :   Insurance: A system under which individuals, businesses, and other organizations or ent...   » Read the article

Dictionary - Insurance: Insurance Business Glossary Dictionary - Insurance
Definition and meaning of Insurance :   Insurance: Protection by written contract against the financial hazards (in whole or in...   » Read the article

Dictionary - Insurance: Car Insurance Glossary Dictionary - Insurance
Definition and meaning of Insurance :   Insurance:  A contract whereby one undertakes to indemnify another, pay or allow a...   » Read the article

Dictionary - Health Insurance: Insurance Business Glossary Dictionary - Health Insurance
Definition and meaning of Health Insurance :   Health Insurance: Insurance providing for the payment of benefits as a result of...   » Read the article

Dictionary - Insuring Agreement: Insurance Business Glossary Dictionary - Insuring Agreement
Definition and meaning of Insuring Agreement :   Insuring Agreement: That part of an insurance contract that states the promise...   » Read the article

Dictionary - Accident Insurance: Health Insurance Glossary Dictionary - Accident Insurance
Definition and meaning of Accident Insurance :   Accident Insurance:  A form of insurance against loss by accidental bodil...   » Read the article