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Insurance glossary - W

A Wisdom Archive on Insurance glossary - W

Insurance glossary - W

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Insurance dictionary - V,




Insurance dictionary - W,

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Insurance dictionary
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ARTICLES RELATED TO Insurance glossary - W

Insurance glossary - W: Life Insurance Glossary Dictionary - Weekly Premium Insurance

Definition and meaning of Weekly Premium Insurance :

 

Weekly Premium Insurance: (1) A policy the premium on which is collected weekly by an agent calling at the door. It is usually sold in small face amounts. (2) A form of Debit or Industrial Life Insurance. See also Industrial Life Insurance. (LI,H)

(Source: InsWeb)

 

Also see these pages: Weekly Premium Insurance , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - Whole Life Insurance

Definition and meaning of Whole Life Insurance :

 

Whole Life Insurance: Insurance which may be kept in force for a person's whole life and which pays a benefit upon his death, whenever that may be. All Whole Life policies build up nonforfeiture values, but they are paid for in 3 different ways. Under a Straight or Ordinary Life policy, premiums are paid for as long as the insured lives. A single premium policy is paid for at one time in one premium. Between these two types there are many limited-payment plans, under which the insured pays premiums for a certain period or until reaching a certain age. Contrast with Term Insurance. (LI)

(Source: InsWeb)

 

Also see these pages: Whole Life Insurance , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - Wholesale Group Insurance

Definition and meaning of Wholesale Group Insurance :

 

Wholesale Group Insurance: See Franchise Insurance. (LI,H)

(Source: InsWeb)

 

Also see these pages: Wholesale Group Insurance , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Property Insurance Glossary Dictionary - Wave Damage Insurance

Definition and meaning of Wave Damage Insurance :

 

Wave Damage Insurance: Coverage against damage to property resulting from high waves or tides. (PR)

(Source: InsWeb)

 

Also see these pages: Wave Damage Insurance , Property Insurance, Property Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Business Glossary Dictionary - Whole Life Insurance

Definition and meaning of Whole Life Insurance :

 

Whole Life Insurance: A plan of insurance for the whole of life. It includes straight life on which premiums are payable until death.

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

 

Also see these pages: Whole Life Insurance , Insurance Business, Insurance Business SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Business Glossary Dictionary - Whole Life Insurance

Definition and meaning of Whole Life Insurance :

 

Whole Life Insurance: Life insurance payable to a beneficiary at the death of the insured whenever that occurs. Premiums may be payable for a specified number of years (limited payment life) or for life (straight life).

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

 

Also see these pages: Whole Life Insurance , Insurance Business, Insurance Business SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Business Glossary Dictionary - Workers' Compensation Insurance

Definition and meaning of Workers' Compensation Insurance :

 

Workers' Compensation Insurance: Insurance against liability imposed on certain employers to pay benefits and furnish care to employees injured, and to pay benefits to dependents of employees killed in the course of or arising out of their employment.

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

 

Also see these pages: Workers' Compensation Insurance , Insurance Business, Insurance Business SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Glossary Dictionary IV - WRAP-UP INSURANCE

Definition and meaning of WRAP-UP INSURANCE :

 

WRAP-UP INSURANCE: Broad policy coordinated to cover liability exposures for a large group of businesses that have something in common. Might be used to insure all businesses working on a large construction project, such as an apartment complex.

(Source: Insurance Information Institute )

 

Also see these pages: WRAP-UP INSURANCE , Insurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Glossary Dictionary IV - WEATHER INSURANCE

Definition and meaning of WEATHER INSURANCE :

 

WEATHER INSURANCE: A type of business interruption insurance that compensates for financial losses caused by adverse weather conditions, such as constant rain on the day scheduled for a major outdoor concert.

(Source: Insurance Information Institute )

 

Also see these pages: WEATHER INSURANCE , Insurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Glossary Dictionary IV - WHOLE LIFE INSURANCE

Definition and meaning of WHOLE LIFE INSURANCE :

 

WHOLE LIFE INSURANCE: The oldest kind of cash value life insurance that combines protection against premature death with a savings account. Premiums are fixed and guaranteed and remain level throughout the policyÕs lifetime.

(Source: Insurance Information Institute )

 

Also see these pages: WHOLE LIFE INSURANCE , Insurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Glossary Dictionary III - whole life insurance

Definition and meaning of whole life insurance :

 

whole life insurance: A plan of insurance for life, with premiums payable for a person's entire life.

(Source: Bank of America )

 

Also see these pages: whole life insurance , Insurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Insurance Glossary Dictionary III - windstorm insurance

Definition and meaning of windstorm insurance :

 

windstorm insurance: Windstorm coverage pays for losses to your property that result from a windstorm. The coverage acts like a flood or earthquake policy in that it pays for damage to the dwelling, and, in some cases, for damage to your personal property and for living expenses if your home becomes uninhabitable. If you live in a coastal area, youÕll probably need to purchase separate windstorm coverage on your house. In areas where coverage is scarce, states sometime offer market assistance programs or joint underwriting associations to help homeowners find a carrier.

(Source: Bank of America )

 

Also see these pages: windstorm insurance , Insurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - WLRT

Definition and meaning of WLRT :

 

WLRT: See Women Leaders Round Table. (LI)

(Source: InsWeb)

 

Also see these pages: WLRT , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - Waiver of Premium

Definition and meaning of Waiver of Premium :

 

Waiver of Premium: A provision of a Life Insurance policy which continues the coverage without further premium payments if the insured becomes totally disabled. (LI)

(Source: InsWeb)

 

Also see these pages: Waiver of Premium , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - War Clause

Definition and meaning of War Clause :

 

War Clause: A provision excluding liability of an insurer if a loss is caused by war. (LI,H)

(Source: InsWeb)

 

Also see these pages: War Clause , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - Wisconsin Life Fund

Definition and meaning of Wisconsin Life Fund :

 

Wisconsin Life Fund: The system of state underwritten and issued Life Insurance established by the state of Wisconsin and providing Life Insurance for citizens who apply. Wisconsin is unique among the 50 states in this respect. (LI)

(Source: InsWeb)

 

Also see these pages: Wisconsin Life Fund , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Life Insurance Glossary Dictionary - Written Business

Definition and meaning of Written Business :

 

Written Business: Insurance on which an application has been taken out but which is not yet delivered and/or the first premium settled. (LI)

(Source: InsWeb)

 

Also see these pages: Written Business , Life Insurance, Life Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Property Insurance Glossary Dictionary - Warranty Policy

Definition and meaning of Warranty Policy :

 

Warranty Policy: A policy written by a reputable company. The term is used in cases where additional coverage is needed: The additional policies all state that the reputable company's warranty policy will stay in force and that they provide coverage exactly like that of the warranty policy. (PR)

(Source: InsWeb)

 

Also see these pages: Warranty Policy , Property Insurance, Property Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

Insurance glossary - W: Property Insurance Glossary Dictionary - Watchman Warranty Clause

Definition and meaning of Watchman Warranty Clause :

 

Watchman Warranty Clause: A provision often found in a Burglary or Fire policy providing for a reduced premium if there is a watchman on duty. (PR)

(Source: InsWeb)

 

Also see these pages: Watchman Warranty Clause , Property Insurance, Property Insurance SitemapInsurance, Insurance Sitemap, Insurance Dictionary - W

 

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