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Insurance Glossary - A

A Wisdom Archive on Insurance Glossary - A

Insurance Glossary - A

A selection of articles related to Insurance Glossary - A

We recommend this article: Insurance Glossary - A - 1, and also this: Insurance Glossary - A - 2.
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Insurance dictionary - A,

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ARTICLES RELATED TO Insurance Glossary - A

Insurance Glossary - A: 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 person may also be referred to as the policyholder.

(Source Lloyd's )

 

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

 

Insurance Glossary - A: 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 be the members of one or more syndicates. If the insurance is not underwritten at LloydÕs the insurer(s) will be one or more insurance companies. Some insurances may be underwritten by syndicates and insurance companies.

(Source Lloyd's )

 

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

 

Insurance Glossary - A: 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 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

 

Insurance Glossary - A: Insurance Business Glossary Dictionary - Insured

Definition and meaning of Insured :

 

Insured: A person or organization covered by an insurance policy, including the "named insured" and any other parties for whom protection is provided under the policy terms.

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

 

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

 

Insurance Glossary - A: 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, any corporation engaged primarily in the business of furnishing insurance to the public.

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

 

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

 

Insurance Glossary - A: Insurance Business Glossary Dictionary - Insurance

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 SitemapInsurance, Insurance Sitemap, Insurance Dictionary - I

 

Insurance Glossary - A: Insurance Business Glossary Dictionary - Insurability

Definition and meaning of Insurability :

 

Insurability: Acceptability to the company of an applicant for insurance.

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

 

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

 

Insurance Glossary - A: Insurance Business Glossary Dictionary - Insurance

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 SitemapInsurance, Insurance Sitemap, Insurance Dictionary - I

 

Insurance Glossary - A: 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.

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

 

Also see these pages: Insured or Insured Life , Insurance Business, Insurance Business SitemapInsurance, Insurance Sitemap, Insurance Dictionary - I

 

Insurance Glossary - A: Insurance Glossary Dictionary IV - AVIATION INSURANCE

Definition and meaning of AVIATION INSURANCE :

 

AVIATION INSURANCE: Commercial airlines hold property insurance on airplanes and liability insurance for negligent acts that result in injury or property damage to passengers or others. Damage is covered on the ground and in the air. The policy limits the geographical area and individual pilots covered.

(Source: Insurance Information Institute )

 

Also see these pages: AVIATION INSURANCE , Insurance, Insurance Sitemap, Insurance Dictionary - A

 

Insurance Glossary - A: Insurance Glossary Dictionary III - insurance

Definition and meaning of insurance :

 

insurance: Risk management plan that, for a price, offers the insured an opportunity to share the costs of possible financial loss through an insurer.

(Source: Bank of America )

 

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

 

Insurance Glossary - A: Insurance Glossary Dictionary III - insured

Definition and meaning of insured :

 

insured: The person on whose life the policy is issued.

(Source: Bank of America )

 

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

 

Insurance Glossary - A: Insurance Glossary Dictionary III - insurability

Definition and meaning of insurability :

 

insurability: Acceptability to the company of an applicant for insurance.

(Source: Bank of America )

 

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

 

Insurance Glossary - A: Insurance Glossary Dictionary IV - INSURANCE

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

 

Insurance Glossary - A: Car Insurance Glossary Dictionary - Insurance

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 SitemapInsurance, Insurance Sitemap, Insurance Dictionary - I

 

Insurance Glossary - A: Insurance Glossary Dictionary II - Insurance intermediary

Definition and meaning of Insurance intermediary :

 

A person through whom an insurance contract is effected. It may normally refers to an insurance broker and/or an agent of an insurer such as a coverholder.

(Source Lloyd's )

 

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

 

Insurance Glossary - A: Insurance Glossary Dictionary II - Insurance policy

Definition and meaning of Insurance policy :

 

See policy.

(Source Lloyd's )

 

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

 

Insurance Glossary - A: 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 )

 

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

 

Insurance Glossary - A: Insurance Glossary Dictionary II - Insurable interest

Definition and meaning of Insurable interest :

 

If an insured wishes to enforce a contract of insurance before the Courts he must have an insurable interest in the subject matter of the insurance, which is to say that he stands to benefit from its preservation and will suffer from its loss.

 

 In non-marine insurances, the insured must have insurable interest when the policy is taken out and also at the date of loss giving rise to a claim under the policy. In life insurance the insured must have insurable interest must when the policy is taken out and in marine insurance the insured must generally have insurable interest at the date of loss giving rise to a claim under the policy .

(Source Lloyd's )

 

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

 

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Insurance Glossary
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Insurance Glossary
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Insurance Glossary
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Insurance Glossary - A



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