Dictionary - Business Insurance: Insurance Business Glossary Dictionary - Business Insurance
Definition and meaning of Business Insurance :   Business Insurance: A policy which primarily provides coverage of benefits to ...   » Read the article

Dictionary - Business Interruption Insurance: Insurance Business Glossary Dictionary - Business Interruption Insurance
Definition and meaning of Business Interruption Insurance :   Business Interruption Insurance: Protection for a business owner ...   » Read the article

Dictionary - Business Life Insurance: Insurance Business Glossary Dictionary - Business Life Insurance
Definition and meaning of Business Life Insurance :   Business Life Insurance: Life insurance purchased by a business enterpris...   » Read the article

Dictionary - Business Insurance: Insurance Glossary Dictionary Iii - Business Insurance
Definition and meaning of business insurance :   business insurance: A policy that provides coverage to a business. It is often...   » 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 - Business Income Insurance, Business Interruption Insurance: Insurance Glossary Dictionary Iv - Business Income Insurance, Business Interruption Insurance
Definition and meaning of BUSINESS INCOME INSURANCE, BUSINESS INTERRUPTION INSURANCE :   BUSINESS INCOME INSURANCE (also known ...   » Read the article

Dictionary - Business: Insurance Terms Dictionary - Business
Definition and meaning of Business :   Business: In Property, Liability, and Health lines, it usually refers to the volume of p...   » Read the article

Dictionary - Business: Insurance Terms Dictionary - Business
Definition and meaning of Business :   Business: In Property, Liability, and Health lines, it usually refers to the volume of p...   » 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 - 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 - Business Insurance: Life Insurance Glossary Dictionary - Business Insurance
Definition and meaning of Business Insurance :   Business Insurance: Policies written for business purposes, such as key employ...   » 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 - Book Of Business: Insurance Business Glossary Dictionary - Book Of Business
Definition and meaning of Book of Business :   Book of Business: the number, size and type of accounts (policyholders) that an ...   » Read the article

Dictionary - Submitted Business: Insurance Terms Dictionary - Submitted Business
Definition and meaning of Submitted Business :   Submitted Business: Applications for insurance submitted to an insurer but not...   » Read the article

Dictionary - Submitted Business: Insurance Terms Dictionary - Submitted Business
Definition and meaning of Submitted Business :   Submitted Business: Applications for insurance submitted to an insurer but not...   » Read the article

Dictionary - Will: Insurance Business Glossary Dictionary - Will
Definition and meaning of Will :   Will: The legal statement of a person's wishes concerning the disposal of his or her propert...   » Read the article

Dictionary - Book Of Business: Insurance Terms Dictionary - Book Of Business
Definition and meaning of Book of Business :   Book of Business: A total of all insurance accounts written by a company or agen...   » Read the article

Dictionary - Book Of Business: Insurance Terms Dictionary - Book Of Business
Definition and meaning of Book of Business :   Book of Business: A total of all insurance accounts written by a company or agen...   » 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 - Insurance Commissioner: Insurance Business Glossary Dictionary - Insurance Commissioner
Definition and meaning of Insurance Commissioner :   Insurance Commissioner: The top insurance regulatory official in a state. ...   » Read the article

Dictionary - Insurance Company: Insurance Business Glossary Dictionary - Insurance Company
Definition and meaning of Insurance Company :   Insurance Company: An organization chartered to operate as an insurer. (Sour...   » Read the article

Dictionary - Compulsory Insurance: Insurance Business Glossary Dictionary - Compulsory Insurance
Definition and meaning of Compulsory Insurance :   Compulsory Insurance: Any form of insurance which is required by law. (So...   » Read the article

Dictionary - Additional Insured: Insurance Business Glossary Dictionary - Additional Insured
Definition and meaning of Additional insured :   Additional insured: an assured party specifically named under an insurance pol...   » Read the article

Dictionary - Alien Insurer: Insurance Business Glossary Dictionary - Alien Insurer
Definition and meaning of Alien Insurer :   Alien Insurer: An insurance company domiciled in another country. (Source: The H...   » 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 - Glass Insurance: Insurance Business Glossary Dictionary - Glass Insurance
Definition and meaning of Glass Insurance :   Glass Insurance: Protection for loss of or damage to glass and its appurtenances....   » Read the article

Dictionary - Business: Life Insurance Glossary Dictionary - Business
Definition and meaning of Business :   Business: The face amount of Life insurance written. (LI) (Source: InsWeb)   A...   » 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 - Brokerage Business: Insurance Terms Dictionary - Brokerage Business
Definition and meaning of Brokerage Business :   Brokerage Business: Business offered to an insurer by a broker. This is someti...   » Read the article

Dictionary - Brokerage Business: Insurance Terms Dictionary - Brokerage Business
Definition and meaning of Brokerage Business :   Brokerage Business: Business offered to an insurer by a broker. This is someti...   » Read the article

Dictionary - Health Insurance: Insurance Business Glossary Dictionary - Health Insurance
Definition and meaning of Health Insurance :   Health Insurance: Protection which provide payment of benefits for covered sickn...   » Read the article

Dictionary - Line Of Business: Insurance Terms Dictionary - Line Of Business
Definition and meaning of Line of Business :   Line of Business: The classification of business as utilized in the insurance in...   » Read the article

Dictionary - Line Of Business: Insurance Terms Dictionary - Line Of Business
Definition and meaning of Line of Business :   Line of Business: The classification of business as utilized in the insurance in...   » Read the article

Dictionary - Hull Insurance: Insurance Business Glossary Dictionary - Hull Insurance
Definition and meaning of Hull Insurance :   Hull Insurance: (1) Class of ocean marine insurance that covers prysical damage to...   » Read the article

Dictionary - Casualty Insurance: Insurance Business Glossary Dictionary - Casualty Insurance
Definition and meaning of Casualty Insurance :   Casualty Insurance: Insurance concerned with the insured's legal liability for...   » Read the article

Dictionary - Certificate Of Insurance: Insurance Business Glossary Dictionary - Certificate Of Insurance
Definition and meaning of Certificate of Insurance :   Certificate of Insurance: A statement of coverage issued to an individua...   » Read the article

Dictionary - Aviation Insurance: Insurance Business Glossary Dictionary - Aviation Insurance
Definition and meaning of Aviation Insurance :   Aviation Insurance: Aircraft insurance including coverage of aircraft or their...   » Read the article

Dictionary - Business Interruption Insurance: Property Insurance Glossary Dictionary - Business Interruption Insurance
Definition and meaning of Business Interruption Insurance :   Business Interruption Insurance: A time element coverage that pay...   » Read the article

Dictionary - Insurance Company: Insurance Business Glossary Dictionary - Insurance Company
Definition and meaning of Insurance Company :   Insurance Company: Any corporation primarily engaged in the business of furnish...   » Read the article

Dictionary - Overhead Insurance: Insurance Business Glossary Dictionary - Overhead Insurance
Definition and meaning of Overhead Insurance :   Overhead Insurance: A type of short-term disability income contract that reimb...   » Read the article

Dictionary - Business Life Insurance: Insurance Glossary Dictionary Iii - Business Life Insurance
Definition and meaning of business life insurance :   business life insurance: Life insurance purchased by a business enterpris...   » Read the article

Dictionary - Controlled Business: Insurance Terms Dictionary - Controlled Business
Definition and meaning of Controlled Business :   Controlled Business: This term refers to the amount of insurance countersigne...   » Read the article

Dictionary - Controlled Business: Insurance Terms Dictionary - Controlled Business
Definition and meaning of Controlled Business :   Controlled Business: This term refers to the amount of insurance countersigne...   » Read the article

Dictionary - Insurance Examiner: Insurance Business Glossary Dictionary - Insurance Examiner
Definition and meaning of Insurance Examiner :   Insurance Examiner: The representative of a state insurance department assigne...   » Read the article

Dictionary - Individual Insurance: Insurance Business Glossary Dictionary - Individual Insurance
Definition and meaning of Individual Insurance :   Individual Insurance: Policies which provide protection to the policyholder ...   » Read the article

Dictionary - Life Insurance: Insurance Business Glossary Dictionary - Life Insurance
Definition and meaning of Life Insurance :   Life Insurance: Insurance providing for payment of a specified amount on the insur...   » Read the article

Dictionary - Participating Insurance: Insurance Business Glossary Dictionary - Participating Insurance
Definition and meaning of Participating Insurance :   Participating Insurance: Insurance issued by an insurance company providi...   » Read the article

Dictionary - Primary Insurance: Insurance Business Glossary Dictionary - Primary Insurance
Definition and meaning of Primary Insurance :   Primary Insurance: Insurance that pays compensation for a loss ahead of any oth...   » Read the article

Dictionary - Standard Insurance: Insurance Business Glossary Dictionary - Standard Insurance
Definition and meaning of Standard Insurance :   Standard Insurance: Insurance written on the basis of regular morbidity underw...   » Read the article

Dictionary - Substandard Insurance: Insurance Business Glossary Dictionary - Substandard Insurance
Definition and meaning of Substandard Insurance :   Substandard Insurance: Insurance issued with an extra premium or special re...   » Read the article

Dictionary - Term Insurance: Insurance Business Glossary Dictionary - Term Insurance
Definition and meaning of Term Insurance :   Term Insurance: Life insurance payable to a beneficiary only when an insured dies ...   » Read the article

Dictionary - Term Insurance: Insurance Business Glossary Dictionary - Term Insurance
Definition and meaning of Term Insurance :   Term Insurance: Life or health insurance protection during a limited number of yea...   » Read the article

Dictionary - Captive Insurer: Insurance Business Glossary Dictionary - Captive Insurer
Definition and meaning of Captive Insurer :   Captive Insurer: Insurance company established and owned by a parent firm in orde...   » Read the article

Dictionary - Collision Insurance: Insurance Business Glossary Dictionary - Collision Insurance
Definition and meaning of Collision Insurance :   Collision Insurance: Protection against loss resulting from any damage to the...   » Read the article

Dictionary - Insuring Clause: Insurance Business Glossary Dictionary - Insuring Clause
Definition and meaning of Insuring Clause :   Insuring Clause: The clause which sets forth the type of loss being covered by th...   » Read the article

Dictionary - Liability Insurance: Insurance Business Glossary Dictionary - Liability Insurance
Definition and meaning of Liability Insurance :   Liability Insurance: Insurance covering the policyholder's legal liability re...   » Read the article

Dictionary - Liability Insurance: Insurance Business Glossary Dictionary - Liability Insurance
Definition and meaning of Liability Insurance :   Liability Insurance: Provides protection for the insured against loss arising...   » Read the article

Dictionary - Evidence Of Insurability: Insurance Business Glossary Dictionary - Evidence Of Insurability
Definition and meaning of Evidence of Insurability :   Evidence of Insurability: Any statement of proof of a person's physical ...   » Read the article

Dictionary - Health Insurance: Insurance Business Glossary Dictionary - Health Insurance
Definition and meaning of Health Insurance :   Health Insurance: Insurance against financial losses resulting from sickness or ...   » Read the article

Dictionary - Group Insurance: Insurance Business Glossary Dictionary - Group Insurance
Definition and meaning of Group Insurance :   Group Insurance: Insurance written on a number of people under a single master po...   » Read the article

Dictionary - Nonparticipating Insurance: Insurance Business Glossary Dictionary - Nonparticipating Insurance
Definition and meaning of Nonparticipating Insurance :   Nonparticipating Insurance: Plan of insurance under which the policy-h...   » Read the article

Dictionary - Nonprofit Insurers: Insurance Business Glossary Dictionary - Nonprofit Insurers
Definition and meaning of Nonprofit Insurers :   Nonprofit Insurers: Persons organized under special state laws to provide hosp...   » Read the article

Dictionary - Property Insurance: Insurance Business Glossary Dictionary - Property Insurance
Definition and meaning of Property Insurance :   Property Insurance: Insurance providing financial protection against the loss ...   » Read the article

Dictionary - Property Insurance: Insurance Business Glossary Dictionary - Property Insurance
Definition and meaning of Property Insurance :   Property Insurance: Provides financial protection against loss or damage to th...   » Read the article

Dictionary - Sickness Insurance: Insurance Business Glossary Dictionary - Sickness Insurance
Definition and meaning of Sickness Insurance :   Sickness Insurance: A form of health insurance providing benefits for loss res...   » Read the article

Dictionary - Currently Insured: Insurance Business Glossary Dictionary - Currently Insured
Definition and meaning of Currently Insured :   Currently Insured: Status of a covered person under the Old-age, survivors, and...   » Read the article

Dictionary - Domestic Insurer: Insurance Business Glossary Dictionary - Domestic Insurer
Definition and meaning of Domestic Insurer :   Domestic Insurer: An insurance company is a domestic company in the state in whi...   » Read the article

Dictionary - Dismemberment Insurance: Insurance Business Glossary Dictionary - Dismemberment Insurance
Definition and meaning of Dismemberment Insurance :   Dismemberment Insurance: A form of health insurance that provides payment...   » Read the article

Dictionary - Cargo Insurance: Insurance Business Glossary Dictionary - Cargo Insurance
Definition and meaning of Cargo Insurance :   Cargo Insurance: Type of ocean marine insurance that protects the shipper of the ...   » Read the article

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

Dictionary - Treaty: Insurance Business Glossary Dictionary - Treaty
Definition and meaning of Treaty :   Treaty: An agreement between a reinsurer and a ceding insurer setting forth details of the...   » Read the article

Dictionary - Surrender: Insurance Business Glossary Dictionary - Surrender
Definition and meaning of Surrender :   Surrender: The cancellation of life insurance by the policyholder (Source: The Haska...   » Read the article

Dictionary - Adjuster: Insurance Business Glossary Dictionary - Adjuster
Definition and meaning of Adjuster :   Adjuster: A person who investigates and settles losses for an insurance carrier. (Sou...   » Read the article

Dictionary - Adjusting: Insurance Business Glossary Dictionary - Adjusting
Definition and meaning of Adjusting :   Adjusting: The process of investigating and settling losses with or by an insurance car...   » Read the article

Dictionary - Assignment: Insurance Business Glossary Dictionary - Assignment
Definition and meaning of Assignment :   Assignment: The legal transfer of one person's interest in an insurance policy to anot...   » Read the article

Dictionary - Credit Insurance: Insurance Business Glossary Dictionary - Credit Insurance
Definition and meaning of Credit Insurance :   Credit Insurance: A guarantee to manufacturers, wholesalers, and service organiz...   » Read the article

Dictionary - Dental Insurance: Insurance Business Glossary Dictionary - Dental Insurance
Definition and meaning of Dental Insurance :   Dental Insurance: Individual or group plan that helps pay costs of normal dental...   » Read the article

Dictionary - Assurance Insurance: Insurance Business Glossary Dictionary - Assurance Insurance
Definition and meaning of Assurance Insurance :   Assurance Insurance: These terms are today generally accepted as synonymous, ...   » Read the article

Dictionary - Trust: Insurance Business Glossary Dictionary - Trust
Definition and meaning of Trust :   Trust: A legal instrument allowing one party to control property for the benefit of another...   » Read the article

Dictionary - Accident: Insurance Business Glossary Dictionary - Accident
Definition and meaning of Accident :   Accident: An event or occurrence which is unforeseen and unintended. (Source: The Has...   » Read the article

Dictionary - Annuitant: Insurance Business Glossary Dictionary - Annuitant
Definition and meaning of Annuitant :   Annuitant: The person during whose life an annuity is payable, usually the person to re...   » Read the article

Dictionary - Annuity: Insurance Business Glossary Dictionary - Annuity
Definition and meaning of Annuity :   Annuity: A contract that provides an income for a specified period of time, such as a num...   » Read the article

Dictionary - Avoidance: Insurance Business Glossary Dictionary - Avoidance
Definition and meaning of Avoidance :   Avoidance: see Loss Avoidance. (Source: The Haskayne School of Business at the Unive...   » Read the article

Dictionary - Business Income Exposure: Insurance Business Glossary Dictionary - Business Income Exposure
Definition and meaning of Business income exposure :   Business income exposure: lost profits resulting from damage to property...   » Read the article

Dictionary - Business Interruption Exposure: Insurance Business Glossary Dictionary - Business Interruption Exposure
Definition and meaning of Business interruption exposure :   Business interruption exposure: see Business income exposure (S...   » Read the article

Dictionary - Insurable Risk: Insurance Business Glossary Dictionary - Insurable Risk
Definition and meaning of Insurable Risk :   Insurable Risk: The conditions that make a risk insurable are (a) the peril insure...   » Read the article

Dictionary - Insurance Exchange: Insurance Business Glossary Dictionary - Insurance Exchange
Definition and meaning of Insurance Exchange :   Insurance Exchange: Term used to describe a facility that exists in a few stat...   » Read the article

Dictionary - Agent: Insurance Business Glossary Dictionary - Agent
Definition and meaning of Agent :   Agent: An insurance company representative licensed by the state who solicits, negotiates o...   » Read the article

Dictionary - Application: Insurance Business Glossary Dictionary - Application
Definition and meaning of Application :   Application: A signed statement of facts made by a person applying for life insurance...   » Read the article

Dictionary - Disability Insured: Insurance Business Glossary Dictionary - Disability Insured
Definition and meaning of Disability Insured :   Disability Insured: Status of an individual who is insured for disability bene...   » Read the article

Dictionary - Direct Business: Insurance Glossary Dictionary Ii - Direct Business
Definition and meaning of Direct business :   Insurance placed with an insurer direct and not through an intermediary. (Sour...   » Read the article

Dictionary - Salvage: Insurance Business Glossary Dictionary - Salvage
Definition and meaning of Salvage :   Salvage: Recovery made by an insurance company by the sale of property which has been tak...   » Read the article

Dictionary - Surplus: Insurance Business Glossary Dictionary - Surplus
Definition and meaning of Surplus :   Surplus: The amount by which the value of an insurer's assets exceeds its liabilities, i....   » Read the article

Dictionary - Actuary: Insurance Business Glossary Dictionary - Actuary
Definition and meaning of Actuary :   Actuary: A person professionally trained in the technical aspects of pensions, insurance ...   » Read the article

Dictionary - Amendment: Insurance Business Glossary Dictionary - Amendment
Definition and meaning of Amendment :   Amendment: A formal document changing the provisions of an insurance policy signed join...   » Read the article

Dictionary - Subrogation: Insurance Business Glossary Dictionary - Subrogation
Definition and meaning of Subrogation :   Subrogation: Process by which one insurance company seeks reimbursement from another ...   » Read the article

Dictionary - Twisting: Insurance Business Glossary Dictionary - Twisting
Definition and meaning of Twisting :   Twisting: The practice of inducing by misrepresentation, or inaccurate or incomplete com...   » Read the article

Dictionary - Antiselection: Insurance Business Glossary Dictionary - Antiselection
Definition and meaning of Antiselection :   Antiselection: The tendency of persons who present a poorer-than-average risk to ap...   » Read the article

Dictionary - Assets: Insurance Business Glossary Dictionary - Assets
Definition and meaning of Assets :   Assets: All funds, property, goods, securities, rights of action, or resources of any kind...   » Read the article