Definition and meaning of Insurance :

A contract whereby an insurer promises to pay the insured a sum of money or some other benefit upon the happening of one or more uncertain events in exchange for the payment of a premium. There must be uncertainty as to whether the relevant event(s) may happen at all or, if they will occur (e.g. death) as to their timing.

(Source Lloyd's )

Also see these pages: Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - I

Definition and meaning of INSURANCE :

INSURANCE: A system to make large financial losses more affordable by pooling the risks of many individuals and business entities and transferring them to an insurance company or other large group in return for a premium.

(Source: Insurance Information Institute )

Also see these pages: INSURANCE , Insurance, Insurance Sitemap, Insurance Dictionary - I

Definition and meaning of solvency :

solvency: The minimum standard of financial health for an insurance company, when assets exceed liabilities.

(Source: Bank of America )

Also see these pages: solvency , Insurance, Insurance Sitemap, Insurance Dictionary - S

Definition and meaning of EQUITY INDEXED ANNUITY :

EQUITY INDEXED ANNUITY: Nontraditional fixed annuity. The specified rate of interest guarantees a fixed minimum rate of interest like traditional fixed annuities. At the same time, additional interest may be credited to policy values based upon positive changes, if any, in an established index such as the S&P 500. The amount of additional interest depends upon the particular design of the policy. They are sold by licensed insurance agents and regulated by state insurance departments.

(Source: Insurance Information Institute )

Also see these pages: EQUITY INDEXED ANNUITY , Insurance, Insurance Sitemap, Insurance Dictionary - E

Definition and meaning of Antiselection :

Antiselection: The tendency of persons who present a poorer-than-average risk to apply for, or continue, insurance to a greater extent than do persons with average or better-than-average expectations of loss.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Antiselection , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - A

Definition and meaning of SEGLI :

SEGLI: Service Employees Group Life Insurance, which is issued to members of the armed forces while they are in the service. After separation it is convertible to individual policies from certain private insurers. (LI)

(Source: InsWeb)

Also see these pages: SEGLI , Life Insurance, Life Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - S

Definition and meaning of Cross liability clause :

Cross liability clause: obligates an insurer to protect each insured separately.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Cross liability clause , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Net Retention :

Net Retention: The amount of insurance that a ceding company keeps for its own account and does not reinsure.

(Source: InsWeb)

Also see these pages: Net Retention , Insurance, Insurance Sitemap, Insurance Dictionary - N

Definition and meaning of Insurance :

Insurance: A system under which individuals, businesses, and other organizations or entities, in exchange for payment of a sum of money (a premium), are guaranteed compensation for losses resulting from certain perils under specified conditions.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Insurance , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - I

Definition and meaning of Sublimit :

Sublimit: Any limit of insurance which exists within another limit. For example, special classes of property may be subject to a specified dollar limit per occurrence, even though the policy has a higher overall limit; a health insurance policy may limit certain benefits to fixed dollar amounts or maximum amounts per day, even though the overall coverage limit is higher.

(Source: InsWeb)

Also see these pages: Sublimit , Insurance, Insurance Sitemap, Insurance Dictionary - S

Definition and meaning of SAA :

SAA: See Surety Association of America.

(Source: InsWeb)

Also see these pages: SAA , Insurance, Insurance Sitemap, Insurance Dictionary - S

Siddha master:

One who has attained the state of enlightenment and who has the capacity to awaken the dormant spiritual energy of a disciple and guide him or her to the state of the Truth.

(See also: Siddha master , Yoga, Yoga Dictionary, Siddha Yoga, Siddha Yoga Dictionary)

A B C D E F G H I J K L M N O P Q R S T U V X Y Z

Water

Water is a very common but powerful dream symbol. Its meaning varies with the details and the mood of the dream. Water is a deeply spiritual symbol representing the "water of life" or the "flow of life." Large bodies of water usually represent our unconscious minds or/and soul experiences. Water symbolizes emotions (rough, smooth, clear, murky, etc.). Freud thought that since fluids are involved in sexual activities, at times, water in dreams has sexual connotations.

See also: Meaning of Dreams about Ocean, Rain, River

Source: Dream Lover Incorporated, http://www.dreamloverinc.com

(See also: Dream Archives, Meaning of Dreams, Dream Interpretation, Dream Dictionary, Dream Dictionary - Water , Meaning of Dreams about Water , Dream Interpretation Water )

Definition and meaning of Representation :

Representation: Statements made by an applicant in the application, which he represents as being substantially true to the best of his knowledge and belief, but which are not warranted as exact in every detail.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Representation , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - R

deeksha: (Sanskrit) "Initiation."

Solemn induction by which one is entered into a new realm of awareness and practice by a teacher or preceptor through the bestowing of blessings and the transmission of pranas. Denotes initial or deepened connection with the teacher and his lineage and is usually accompanied by ceremony. Initiation, revered as a moment of awakening, may be conferred by a touch, a word, a look or a thought.

Most Hindu schools, and especially Saivism, teach that only with initiation from a satguru is enlightenment attainable. Sought after by all Hindus is the diksha called shaktipata (shaktipat), "descent of grace," which, often coming unbidden, stirs and arouses the mystic kundalini force. Central Saivite dikshas include samaya, vishesha, nirvana and abhisheka.

See: grace, shaktipata, shakipat, sound.

(See also: Deeksha , Hinduism, Body Mind and Soul)

Absolute (from Latin ab away + solvere to loosen, dissolve)

Freed, released, absolved; parallel to the Sanskrit moksha, mukti (set free, released), also to the Buddhist nirvana (blown out), all three terms signifying one who has obtained freedom from the cycle of material existence.

Absolute, in European philosophy, is used somewhat loosely for the unconditional or boundless infinitude. On the other hand, Sir W. Hamilton (Disc 13n) considers the Absolute as "diametrically opposed to, . . . contradictory of, the Infinite," which is correct from the standpoint of both etymology and abstract philosophy. Blavatsky uses the term both ways: sometimes equating it with infinity, at other times with the first cause or one divine substance-principle.

Strictly speaking, absolute is a relative term. It is the philosophic One or cosmic originant, but not the mystic zero or infinitude. An absolute or a cosmic freed one is not That (infinity), for infinity has no attributes: it is neither absolute nor nonabsolute, conscious nor unconscious, because all attributes and qualities belong to manifested and therefore noninfinite beings and things (cf FSO 89-90). The boundless or infinite, in which exist innumerable absolutes, includes the cognizer, the cognized, and the cognition, and is both matter and spirit, subject and object; all egos and non-egos are included within it.

From the zero emanate an infinite number of cosmic Ones or monads. Every absolute is not only the hierarch of its own hierarchy, the One from which all subsequent differentiations emanate, but is also a cosmic jivanmukta, a released monad freed from the pull of the lower planes. Every monad at the threshold of paranirvana reassumes its primeval essence and becomes at one with the absolute of its own hierarchy once more. The absolute is thus the goal of evolution as well as the source, the highest divinity or Silent Watcher of the hierarchy of compassion, which forms the light side of a universe or cosmic hierarchy.

(See also: Absolute , Mysticism, Mysticism Dictionary, Occultism, Occultism Dictionary)

Waves

The waves in dreams may represent emotional fluctuations. If you are currently experiencing a period of tranquillity and peace, you may be dreaming about calm waters and gentle ocean waves. This dream suggests that you may be gathering energy and recharging emotionally. However, more commonly people dream of violent and dangerous tidal waves. Tidal waves or tsunamis suggest a period of emotional upheaval. Anxiety, stress, and unconscious materials may be coming to the surface and affecting your daily moods. Giant tidal waves may symbolize current emotional unhappiness and psychological stress, which are threatening to destroy you. The outcome of this dream may reveal how much strength you have to "ride out" personal storms. For example, surviving the tidal wave suggests that you have enough strength to overcome challenges and drowning that you may be "in it over your head" and should seek assistance.

Source: Dream Lover Incorporated, http://www.dreamloverinc.com

(See also: Dream Archives, Meaning of Dreams, Dream Interpretation, Dream Dictionary, Dream Dictionary - Waves , Meaning of Dreams about Waves , Dream Interpretation Waves )

faith: Trust or belief. Conviction. From the Latin fides, "trust." Faith in its broadest sense means "religion, dharma." More specifically, it is the essential element of religion-the belief in phenomena beyond the pale of the five senses, distinguishing it sharply from rationalism.

Faith is established through intuitive or transcendent experience of an individual, study of scripture and hearing the testimony of the many wise rishis speaking out the same truths over thousands of years. This inner conviction is based in the divine sight of the third eye center, ajna chakra.

Rightly founded, faith transcends reason, but does not conflict with reason. Faith also means confidence, as in the testimony and reputation of other people. The Sanskrit equivalent is shraddha. Synonyms include astikya, vishvasa, dharma and mati.

(See also: Faith , Hinduism, Body Mind and Soul)

dosha: (Sanskrit) "Bodily humor; individual constitution."

Three bodily humors, which according to ayurveda regulate the body, govern its proper functioning and determine its unique constitution. These are

• vata, the air humor;
• pitta, the fire humor; and
• kapha, the water humor.

Vata has its seat in the intestinal area, pitta in the stomach, and kapha in the lung area. They govern the creation, preservation and dissolution of bodily tissue. Vata humor is metabolic, nerve energy. Pitta is the catabolic, fire energy. Kapha is the anabolic, nutritive energy.

The three doshas (tridosha) also give rise to the various emotions and correspond to the three gunas, "qualities:" sattva (quiescence- vata), rajas (activity- pitta) and tamas (inertia- kapha).

See: ayurveda, kapha, pitta, vata.

(See also: Dosha , Hinduism, Body Mind and Soul)

Definition and meaning of Proximate Cause :

Proximate Cause: The dominating cause of loss or damage; an unbroken chain of events between the occurrence and damage.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Proximate Cause , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - P