Definition and meaning of multiline insurer :

multiline insurer: An insurer that writes financial guaranty and property/casualty insurance.

(Source: Bank of America )

Also see these pages: multiline insurer , Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of INTERNET INSURER :

INTERNET INSURER: An insurer that sells exclusively via the Internet.

(Source: Insurance Information Institute )

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

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 Mutual Insurer Policy :

Mutual Insurer Policy: Insurance issued by a mutual insurer.

(Source: InsWeb)

Also see these pages: Mutual Insurer Policy , Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Mutual Insurer Policy :

Mutual Insurer Policy: Insurance issued by a mutual insurer.

(Source: InsWeb)

Also see these pages: Mutual Insurer Policy , Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Other Insurance :

Other Insurance: The existence of other contracts covering the same interest and perils. See also Concurrent Insurance.

(Source: InsWeb)

Also see these pages: Other Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - O

Definition and meaning of Other Insurance :

Other Insurance: The existence of other contracts covering the same interest and perils. See also Concurrent Insurance.

(Source: InsWeb)

Also see these pages: Other Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - O

Definition and meaning of Self-Insurance :

Self-Insurance: Making financial preparations to meet pure risks by appropriating sufficient funds in advance to meet estimated losses, including enough to cover possible losses in excess of those estimated. Few organizations are large or dispersed enough to make this a sound alternative to insurance.

(Source: InsWeb)

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

Definition and meaning of Self-Insurance :

Self-Insurance: Making financial preparations to meet pure risks by appropriating sufficient funds in advance to meet estimated losses, including enough to cover possible losses in excess of those estimated. Few organizations are large or dispersed enough to make this a sound alternative to insurance.

(Source: InsWeb)

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

Definition and meaning of Superintendent of Insurance :

Superintendent of Insurance: The title of the head of a state or provincial insurance department used in some jurisdictions. In most states the title "commissioner" is used.

(Source: InsWeb)

Also see these pages: Superintendent of Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - S

Definition and meaning of Superintendent of Insurance :

Superintendent of Insurance: The title of the head of a state or provincial insurance department used in some jurisdictions. In most states the title "commissioner" is used.

(Source: InsWeb)

Also see these pages: Superintendent of Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - S

Definition and meaning of Title Insurance :

Title Insurance: Insurance which indemnifies the owner of real estate in the event that his clear ownership of property is challenged by the discovery of faults in the title that was passed to him.

(Source: InsWeb)

Also see these pages: Title Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - T

Definition and meaning of Title Insurance :

Title Insurance: Insurance which indemnifies the owner of real estate in the event that his clear ownership of property is challenged by the discovery of faults in the title that was passed to him.

(Source: InsWeb)

Also see these pages: Title Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - T

Definition and meaning of Controlled Insurance :

Controlled Insurance: (1) See Control. See Control Provision. An insurance account that an agent or broker can control by virtue of his influence with the buyer, as contrasted with controlling it by actual agreement.

(Source: InsWeb)

Also see these pages: Controlled Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Controlled Insurance :

Controlled Insurance: (1) See Control. See Control Provision. An insurance account that an agent or broker can control by virtue of his influence with the buyer, as contrasted with controlling it by actual agreement.

(Source: InsWeb)

Also see these pages: Controlled Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Cooperative Insurance :

Cooperative Insurance: Insurance issued by a mutual association such as a fraternal society, an employee association, an industrial association, or a trade union.

(Source: InsWeb)

Also see these pages: Cooperative Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Cooperative Insurance :

Cooperative Insurance: Insurance issued by a mutual association such as a fraternal society, an employee association, an industrial association, or a trade union.

(Source: InsWeb)

Also see these pages: Cooperative Insurance , Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Named Insured :

Named Insured: Any person, firm, or corporation, or any member thereof, specifically designated by name as the insured(s) in a policy. Others may be protected as insureds even though their names do not appear on the policy. A common application of this latter principle is in Automobile policies where, under the definition of insured, protection is extended to cover other drivers using the car with the permission of the named insured.

(Source: InsWeb)

Also see these pages: Named Insured , Insurance, Insurance Sitemap, Insurance Dictionary - N

Definition and meaning of Named Insured :

Named Insured: Any person, firm, or corporation, or any member thereof, specifically designated by name as the insured(s) in a policy. Others may be protected as insureds even though their names do not appear on the policy. A common application of this latter principle is in Automobile policies where, under the definition of insured, protection is extended to cover other drivers using the car with the permission of the named insured.

(Source: InsWeb)

Also see these pages: Named Insured , 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 Insurance :

Insurance: Protection by written contract against the financial hazards (in whole or in part) of the happenings of specified fortuitous events.

(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 Insurance :

Insurance:  A contract whereby one undertakes to indemnify another, pay or allow a specified amount or a determinable benefit upon determinable contingencies.

(Source: CarInsurance.com )

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