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Dictionary
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Insurance:
Insurance Glossary Dictionary Iv - Insurance
Definition
and meaning of
INSURANCE :
INSURANCE: A system to make large financial losses more affordable by pooling the risks...
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Dictionary
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Insurance:
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 ...
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Dictionary
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Loss Payee, Lien Holder:
Car Insurance Glossary Dictionary -
Loss Payee, Lien Holder
Definition
and meaning of Loss Payee, Lien holder :
Loss Payee/Lien holder: A person or entity with a legally secured i...
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Dictionary
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Segli:
Life Insurance Glossary Dictionary -
Segli
Definition
and meaning of SEGLI :
SEGLI: Service Employees Group Life Insurance, which is issued to members of the armed forc...
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Dictionary
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V&mm, Vmm:
Property Insurance Glossary Dictionary -
V&mm, Vmm
Definition
and meaning of
V&MM, VMM :
V&MM, or VMM: Vandalism and Malicious Mischief. Damage or destruction to proper...
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Dictionary
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Budhaism, Budhism:
Spiritual - Theosophy
Dictionary On
Budhaism, Budhism
Budhaism or Budhism (from Sanskrit budha wisdom) The anglicized form of the term for the teachings of divine philosophy, called...
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Dictionary
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Barbelo:
Spiritual - Theosophy
Dictionary On
Barbelo
Barbelo (Gnostic) Prominent in the Pistis Sophia, where it is referred to as "an invisible God"; but it is one of three invi...
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Dictionary
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Diksha:
Hindu -
Hinduism Dictionary On Diksha
diksha: (Sanskrit) "Initiation." Solemn induction by which one is entered into a new realm of awareness and practice...
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Dictionary
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Endorsements:
Insurance Business Glossary Dictionary -
Endorsements
Definition
and meaning of Endorsements :
Endorsements: An additional piece of paper, not a part of the original contract, whi...
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Dictionary
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Brahman:
Hindu -
Hinduism Dictionary On Brahman
Brahman: (Sanskrit) "Supreme Being; expansive spirit." From the root brih, "to grow, increase, expand." Name of Go...
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Dictionary
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Siddha Master:
Siddha Yoga
Dictionary On Siddha Master
Siddha master:
One who has attained the state of enlightenment and who has the capacity to awaken the dormant spiritual energy of a d...
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Dictionary
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Death:
Hindu -
Hinduism Dictionary On Death
death: Death is a rich concept for which there are many words in Sanskrit, such as: mahaprasthana, "great departure;" samadh...
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Dictionary
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Absolute:
Theosophy Dictionary On Absolute
Absolute (from Latin ab away + solvere to loosen, dissolve) Freed, released, absolved; parallel to the Sanskrit moksha, mukti (...
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Dictionary
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Representation:
Insurance Business Glossary Dictionary -
Representation
Definition
and meaning of Representation :
Representation: Statements made by an applicant in the application, which he repre...
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Dictionary
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Spiritual Dictionary: Dictionary Of Spiritual
Terms
A Dictionary of Spiritual Terms. From Acupuncture to Zoroaster.
Please
note that all words in grey, like "yoga", "...
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Dictionary
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Brahma:
Spiritual - Theosophy
Dictionary On
Brahma
Brahma (Sanskrit) (from the verbal root brih to expand, grow, fructify) The first god of the Hindu Trimurti or triad, consistin...
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Article
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Hinduism: Hinduism
Lexicon On B
Hinduism Lexicon on B
From backbiting to buddhi
chitta.
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Dictionary
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Proximate Cause:
Insurance Business Glossary Dictionary -
Proximate Cause
Definition
and meaning of Proximate Cause :
Proximate Cause: The dominating cause of loss or damage; an unbroken chain of eve...
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Dictionary
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Arya:
Hindu Sanskrit Dictionary On Arya (aryan)
Arya (Aryan): One who is an Arya-literally, "one who strives upward." Both Arya and Aryan are exclusively psychological term...
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Dictionary
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Limited Policy:
Insurance Business Glossary Dictionary -
Limited Policy
Definition
and meaning of Limited Policy :
Limited Policy: One that covers only specified accidents or sicknesses.
(Source...
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Dictionary
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Liquidation:
Insurance Business Glossary Dictionary -
Liquidation
Definition
and meaning of Liquidation :
Liquidation: Dissolving a company by selling its assets for cash.
(Source:
The Has...
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Dictionary
-
Living Benefits Rider:
Insurance Business Glossary Dictionary -
Living Benefits Rider
Definition
and meaning of Living Benefits Rider :
Living Benefits Rider: A rider that allows insureds who are terminally ill ...
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Dictionary
-
Liquor Liability Law:
Insurance Business Glossary Dictionary -
Liquor Liability Law
Definition
and meaning of Liquor Liability Law :
Liquor Liability Law: See Dramshop Law.
(Source:
The Haskayne School of B...
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Dictionary
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Limited Policy:
Insurance Business Glossary Dictionary -
Limited Policy
Definition
and meaning of Limited Policy :
Limited Policy: A contract which covers only certain specified diseases or acciden...
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Dictionary
-
Lifetime Disability Benefit:
Insurance Business Glossary Dictionary -
Lifetime Disability Benefit
Definition
and meaning of Lifetime Disability Benefit :
Lifetime Disability Benefit: Disability income payable for the life o...
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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...
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Dictionary
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Life Income Option:
Insurance Business Glossary Dictionary -
Life Income Option
Definition
and meaning of Life Income Option :
Life Income Option: Life insurance settlement option in which the policy proce...
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Dictionary
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Life Insurance In Force:
Insurance Business Glossary Dictionary -
Life Insurance In Force
Definition
and meaning of Life Insurance in Force :
Life Insurance in Force: The sum of the face amounts, plus dividend addit...
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Dictionary
-
Life Insurance Programming:
Insurance Business Glossary Dictionary -
Life Insurance Programming
Definition
and meaning of Life Insurance Programming :
Life Insurance Programming: Systematic method of determining the insur...
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Dictionary
-
Living Trust:
Insurance Business Glossary Dictionary -
Living Trust
Definition
and meaning of Living Trust :
Living Trust: A trust created while the creator of the trust is living. Also known a...
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Dictionary
-
Lifetime Disability Benefit:
Insurance Business Glossary Dictionary -
Lifetime Disability Benefit
Definition
and meaning of Lifetime Disability Benefit :
Lifetime Disability Benefit: A benefit to help replace income lost by...
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Dictionary
-
Limited Payment Life Insurance:
Insurance Business Glossary Dictionary -
Limited Payment Life Insurance
Definition
and meaning of Limited Payment Life Insurance :
Limited Payment Life Insurance: Whole life insurance on which prem...
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Dictionary
-
Loading:
Insurance Business Glossary Dictionary -
Loading
Definition
and meaning of Loading :
Loading: The amount that must be added to the pure premium for expenses, profit, and a ma...
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Dictionary
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Loss Of Use:
Insurance Business Glossary Dictionary -
Loss Of Use
Definition
and meaning of Loss of use :
Loss of use: value assigned to not having damaged property available, e.g., the...
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Dictionary
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Loss Expense - Unallocated:
Insurance Business Glossary Dictionary -
Loss Expense - Unallocated
Definition
and meaning of Loss Expense - Unallocated :
Loss Expense - Unallocated: Salaries and other expenses incurred in co...
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Dictionary
-
Loss Payable Clause:
Insurance Business Glossary Dictionary -
Loss Payable Clause
Definition
and meaning of Loss Payable Clause :
Loss Payable Clause: Means of protecting a mortgagee's interest in property b...
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Dictionary
-
Loss Prevention:
Insurance Business Glossary Dictionary -
Loss Prevention
Definition
and meaning of Loss Prevention :
Loss Prevention: Any measure which reduces the probability or frequency of a part...
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Dictionary
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Loss Reserve:
Insurance Business Glossary Dictionary -
Loss Reserve
Definition
and meaning of Loss Reserve :
Loss Reserve: The amount set up as the estimated cost of a claim. (See IBNR Reserve)...
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Dictionary
-
Loss Ratio:
Insurance Business Glossary Dictionary -
Loss Ratio
Definition
and meaning of Loss Ratio :
Loss Ratio: A ratio calculated by divinding claims into premiums. It may be calculated...
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Dictionary
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Loss Expense - Allocated:
Insurance Business Glossary Dictionary -
Loss Expense - Allocated
Definition
and meaning of Loss Expense - Allocated :
Loss Expense - Allocated: Handling expenses, such as legal or independen...
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Dictionary
-
Loss Control:
Insurance Business Glossary Dictionary -
Loss Control
Definition
and meaning of Loss control :
Loss control: any conscious action (or decision not to act) intended to reduce the f...
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Dictionary
-
Long-term Care:
Insurance Business Glossary Dictionary -
Long-term Care
Definition
and meaning of Long-Term Care :
Long-Term Care: The continuum of broad-ranged maintenance and health services to t...
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Dictionary
-
Life Expectancy:
Insurance Business Glossary Dictionary -
Life Expectancy
Definition
and meaning of Life Expectancy :
Life Expectancy: The average number of years of life remaining for a group of per...
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Dictionary
-
Long-term Disability Income Insurance:
Insurance Business Glossary Dictionary -
Long-term Disability Income Insurance
Definition
and meaning of Long-Term Disability Income Insurance :
Long-Term Disability Income Insurance: Insurance issued to ...
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Dictionary
-
Loss:
Insurance Business Glossary Dictionary -
Loss
Definition
and meaning of Loss :
Loss: The happening of the event for which insurance pays.
(Source:
The Haskayne School o...
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Dictionary
-
Loss Avoidance:
Insurance Business Glossary Dictionary -
Loss Avoidance
Definition
and meaning of Loss Avoidance :
Loss Avoidance: A risk management technique whereby a situation or activity that m...
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Dictionary
-
Loss Adjustment Expense:
Insurance Business Glossary Dictionary -
Loss Adjustment Expense
Definition
and meaning of Loss Adjustment Expense :
Loss Adjustment Expense: expenses incurred in the process of evaluating, ...
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Dictionary
-
Lloyd's Of London:
Insurance Business Glossary Dictionary -
Lloyd's Of London
Definition
and meaning of LLoyd's of London :
LLoyd's of London: insurance marketplace where brokers, representing clie...
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Dictionary
-
Life Annuity:
Insurance Business Glossary Dictionary -
Life Annuity
Definition
and meaning of Life Annuity :
Life Annuity: A series of payments under which payments, once begun, continue throug...
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Dictionary
-
Labor-management Relations Act Of 1947, Taft-hartley Act:
Insurance Business Glossary Dictionary -
Labor-management Relations Act Of 1947, Taft-hartley Act
Definition
and meaning of Labor-Management Relations Act of 1947, Taft-Hartley Act :
Labor-Management Relations Act of 1947 (...
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Dictionary
-
Key-person Insurance:
Insurance Business Glossary Dictionary -
Key-person Insurance
Definition
and meaning of Key-Person Insurance :
Key-Person Insurance: Insurance designed to protect a business firm against ...
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Dictionary
-
Lapse:
Insurance Business Glossary Dictionary -
Lapse
Definition
and meaning of Lapse :
Lapse: The termination or discontinuance of an insurance policy due to non-payment of a pre...
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Dictionary
-
Lapsed Policy:
Insurance Business Glossary Dictionary -
Lapsed Policy
Definition
and meaning of Lapsed Policy :
Lapsed Policy: A policy terminated for non-payment of premiums. The term is sometim...
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Dictionary
-
Last Clear Chance Rule:
Insurance Business Glossary Dictionary -
Last Clear Chance Rule
Definition
and meaning of Last Clear Chance Rule :
Last Clear Chance Rule: Statutory modification of the contributory neglige...
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Dictionary
-
Larceny-theft:
Insurance Business Glossary Dictionary -
Larceny-theft
Definition
and meaning of Larceny-theft :
Larceny-theft: The unlawful taking, carrying, leading or riding away of another per...
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Dictionary
-
Keogh, Hr 10 Account:
Insurance Business Glossary Dictionary -
Keogh, Hr 10 Account
Definition
and meaning of Keogh, HR 10 Account :
Keogh (HR 10) Account: An account to which a self-employed person can make a...
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Dictionary
-
Kenney Rule:
Insurance Business Glossary Dictionary -
Kenney Rule
Definition
and meaning of Kenney Rule :
Kenney Rule: Concept permitting a property liability insurer to write $2 of new net p...
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Dictionary
-
Judicial Bond:
Insurance Business Glossary Dictionary -
Judicial Bond
Definition
and meaning of Judicial Bond :
Judicial Bond: Type of surety bond used for court proceedings and guaranteeing that...
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Dictionary
-
Judgment Rating:
Insurance Business Glossary Dictionary -
Judgment Rating
Definition
and meaning of Judgment Rating :
Judgment Rating: Rate-making method for which each exposure is individually evalu...
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Dictionary
-
Jumbo Risk:
Insurance Business Glossary Dictionary -
Jumbo Risk
Definition
and meaning of Jumbo Risk :
Jumbo Risk: A risk involving exceptionally high benefits.
(Source:
The Haskayne Sch...
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Dictionary
-
Joint-and-several Liability:
Insurance Business Glossary Dictionary -
Joint-and-several Liability
Definition
and meaning of Joint-and-Several Liability :
Joint-and-Several Liability: A legal principle that permits the injur...
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Dictionary
-
Joint Underwriting Association:
Insurance Business Glossary Dictionary -
Joint Underwriting Association
Definition
and meaning of Joint Underwriting Association :
Joint Underwriting Association: A device used to provide insurance...
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Dictionary
-
Jumping Juvenile Insurance Policy:
Insurance Business Glossary Dictionary -
Jumping Juvenile Insurance Policy
Definition
and meaning of Jumping Juvenile Insurance Policy :
Jumping Juvenile Insurance Policy: Life insurance purchased by ...
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Dictionary
-
Law Of Large Numbers:
Insurance Business Glossary Dictionary -
Law Of Large Numbers
Definition
and meaning of Law of Large Numbers :
Law of Large Numbers: Concept that the greater the number of exposures, the ...
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Dictionary
-
Joint Underwriting Association:
Insurance Business Glossary Dictionary -
Joint Underwriting Association
Definition
and meaning of Joint Underwriting Association :
Joint Underwriting Association: One of several types of "shar...
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Dictionary
-
Liability Limits:
Insurance Business Glossary Dictionary -
Liability Limits
Definition
and meaning of Liability Limits :
Liability Limits: The stipulated sum or sums beyond which an insurance company i...
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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
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Dictionary
-
Liability Without Fault:
Insurance Business Glossary Dictionary -
Liability Without Fault
Definition
and meaning of Liability Without Fault :
Liability Without Fault: Principle on which workers compensation is based...
» Read the article
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Dictionary
-
License And Permit Bond:
Insurance Business Glossary Dictionary -
License And Permit Bond
Definition
and meaning of License and Permit Bond :
License and Permit Bond: Type of surety bond guaranteeing that the person...
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Dictionary
-
Life Annuity:
Insurance Business Glossary Dictionary -
Life Annuity
Definition
and meaning of Life Annuity :
Life Annuity: A contract that provides an income for life.
(Source:
The Haskayne ...
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Dictionary
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Joint-and-survivor Annuity:
Insurance Business Glossary Dictionary -
Joint-and-survivor Annuity
Definition
and meaning of Joint-and-Survivor Annuity :
Joint-and-Survivor Annuity: A contract that provides income periodical...
» Read the article
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Dictionary
-
Loss Reserve Development:
Insurance Business Glossary Dictionary -
Loss Reserve Development
Definition
and meaning of Loss Reserve Development :
Loss Reserve Development: how the latest estimate of an insurance ...
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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
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Dictionary
-
Legal Reserve Life Insurance Company:
Insurance Business Glossary Dictionary -
Legal Reserve Life Insurance Company
Definition
and meaning of Legal Reserve Life Insurance Company :
Legal Reserve Life Insurance Company: A life insurance compa...
» Read the article
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Dictionary
-
Legal Reserve:
Insurance Business Glossary Dictionary -
Legal Reserve
Definition
and meaning of Legal Reserve :
Legal Reserve: The minimum reserve which a company must keep to meet future claims ...
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Dictionary
-
Level Commission Scale:
Insurance Business Glossary Dictionary -
Level Commission Scale
Definition
and meaning of Level Commission Scale :
Level Commission Scale: A commission scale providing for payment of commis...
» Read the article
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Dictionary
-
Level Premium:
Insurance Business Glossary Dictionary -
Level Premium
Definition
and meaning of Level Premium :
Level Premium: A premium which remains unchanged throughout the life of a policy.
...
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Dictionary
-
Liability:
Insurance Business Glossary Dictionary -
Liability
Definition
and meaning of Liability :
Liability: Any legally enforceable obligation.
(Source:
The Haskayne School of Busin...
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Dictionary
-
Level Premium Life Insurance:
Insurance Business Glossary Dictionary -
Level Premium Life Insurance
Definition
and meaning of Level Premium Life Insurance :
Level Premium Life Insurance: Life insurance for which the premium r...
» Read the article
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Dictionary
-
Life Annuity With 10 Years Certain:
Insurance Business Glossary Dictionary -
Life Annuity With 10 Years Certain
Definition
and meaning of Life Annuity With 10 Years Certain :
Life Annuity With 10 Years Certain: An annuity which pays an i...
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Dictionary
-
Non-admitted Insurance Company:
Insurance Business Glossary Dictionary -
Non-admitted Insurance Company
Definition
and meaning of Non-admitted Insurance Company :
Non-admitted Insurance Company: An insurance company not licensed ...
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Dictionary
-
Partial Disability:
Insurance Business Glossary Dictionary -
Partial Disability
Definition
and meaning of Partial Disability :
Partial Disability: The result of an illness or injury which prevents an insur...
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Dictionary
-
Paramedical Examination:
Insurance Business Glossary Dictionary -
Paramedical Examination
Definition
and meaning of Paramedical Examination :
Paramedical Examination: Physical examination of an applicant by a traine...
» Read the article
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Dictionary
-
Partial Disability:
Insurance Business Glossary Dictionary -
Partial Disability
Definition
and meaning of Partial Disability :
Partial Disability: A benefit sometimes found in disability income policies pr...
» Read the article
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Dictionary
-
Participating Insurance:
Insurance Business Glossary Dictionary -
Participating Insurance
Definition
and meaning of Participating Insurance :
Participating Insurance: Insurance issued by an insurance company providi...
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Dictionary
-
Participating Policy:
Insurance Business Glossary Dictionary -
Participating Policy
Definition
and meaning of Participating Policy :
Participating Policy: One under which the policy owner is entitled to receiv...
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Dictionary
-
Participating Policy:
Insurance Business Glossary Dictionary -
Participating Policy
Definition
and meaning of Participating Policy :
Participating Policy: A life insurance policy under which the company agrees...
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Dictionary
-
Paid-up Insurance:
Insurance Business Glossary Dictionary -
Paid-up Insurance
Definition
and meaning of Paid-up Insurance :
Paid-up Insurance: Insurance on which all required premiums have been paid. The...
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Dictionary
-
Package Policy:
Insurance Business Glossary Dictionary -
Package Policy
Definition
and meaning of Package Policy :
Package Policy: A combination of two or more individual polices or coverages into ...
» Read the article
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Dictionary
-
Overhead Expense Insurance:
Insurance Business Glossary Dictionary -
Overhead Expense Insurance
Definition
and meaning of Overhead Expense Insurance :
Overhead Expense Insurance: A special form of health insurance designe...
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Dictionary
-
Ordinary Life Insurance:
Insurance Business Glossary Dictionary -
Ordinary Life Insurance
Definition
and meaning of Ordinary Life Insurance :
Ordinary Life Insurance: Life insurance usually issued in amounts of $1,0...
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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...
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Dictionary
-
Overriding Commission, Overwrite:
Insurance Business Glossary Dictionary -
Overriding Commission, Overwrite
Definition
and meaning of Overriding Commission, Overwrite :
Overriding Commission (Overwrite): A commission paid to general ...
» Read the article
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Dictionary
-
Own Occupation:
Insurance Business Glossary Dictionary -
Own Occupation
Definition
and meaning of Own Occupation :
Own Occupation: Definition of disabiliy under which a person is considered disable...
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Dictionary
-
Over-the Counter Market:
Insurance Business Glossary Dictionary -
Over-the Counter Market
Definition
and meaning of Over-the Counter Market :
Over-the Counter Market: A means of buying and selling securities that ar...
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Dictionary
-
Pension Benefit Guaranty Corporation, Pbgc:
Insurance Business Glossary Dictionary -
Pension Benefit Guaranty Corporation, Pbgc
Definition
and meaning of Pension Benefit Guaranty Corporation, PBGC :
Pension Benefit Guaranty Corporation (PBGC): The Feder...
» Read the article
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Dictionary
-
Pension Benefits:
Insurance Business Glossary Dictionary -
Pension Benefits
Definition
and meaning of Pension Benefits :
Pension Benefits: A series of payments to be provided in accordance with the pla...
» Read the article
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Dictionary
-
Personal Lines:
Insurance Business Glossary Dictionary -
Personal Lines
Definition
and meaning of Personal Lines :
Personal Lines: Those types of insurance, such as auto or home insurance, for indi...
» Read the article
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Dictionary
-
Personal Injury Protection, Pip:
Insurance Business Glossary Dictionary -
Personal Injury Protection, Pip
Definition
and meaning of Personal Injury Protection, PIP :
Personal Injury Protection (PIP): First-party no-fault coverage i...
» Read the article
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Dictionary
-
Personal Representative:
Insurance Business Glossary Dictionary -
Personal Representative
Definition
and meaning of Personal representative :
Personal representative:A person appointed through the will of a deceased...
» Read the article
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Dictionary
-
Physical Damage:
Insurance Business Glossary Dictionary -
Physical Damage
Definition
and meaning of Physical Damage :
Physical Damage: Damage to or loss of the auto resulting from collision, fire, th...
» Read the article
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