Definition and meaning of D&B :

D&B: See Dun and Bradstreet, Inc.

(Source: InsWeb)

Also see these pages: D&B , Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of D&B :

D&B: See Dun and Bradstreet, Inc.

(Source: InsWeb)

Also see these pages: D&B , Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Dun and Bradstreet, Inc., D&B :

A corporation which furnishes insurance companies with financial reports which assist them in the underwriting of prospective policyholders.

(Source: InsWeb)

Also see these pages: Dun and Bradstreet, Inc., D&B , Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Dun and Bradstreet, Inc., D&B :

A corporation which furnishes insurance companies with financial reports which assist them in the underwriting of prospective policyholders.

(Source: InsWeb)

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Definition and meaning of deposit term insurance :

deposit term insurance: A form of term insurance, not really involving a "deposit," in which the first-year premium is larger than subsequent premiums. Typically, a partial endowment is paid at the end of the term period. In many cases the partial endowment can be applied toward the purchase of a new term policy or, perhaps, a whole life policy.

(Source: Bank of America )

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Definition and meaning of Deposit Term Insurance :

Deposit Term Insurance: A form of term insurance, not really involving a "deposit," in which the first-year premium is larger than subsequent premiums. Typically, a partial endowment is paid at the end of the term period. In many cases the partial endowment can be applied toward the purchase of a new term policy, or, perhaps, a whole life policy.

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

Also see these pages: Deposit Term Insurance , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Disability Long-Term :

Disability, Long-Term:  See Long-Term Disability. (H)

(Source: InsWeb)

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Definition and meaning of Disability Short-Term :

Disability, Short-Term:  See Short-Term Disability. (H)

(Source: InsWeb)

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Definition and meaning of DECREASING TERM LIFE INSURANCE :

DECREASING TERM LIFE INSURANCE*: Term life insurance that provides a death benefit that decreases in amount over the policy term. Contrast with increasing term life insurance.

(Source: Insurance Information Institute )

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Definition and meaning of DOMESTIC INSURANCE COMPANY :

DOMESTIC INSURANCE COMPANY: Term used by a state to refer to any company incorporated there.

(Source: Insurance Information Institute )

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Definition and meaning of Decreasing Term :

Decreasing Term: A form of Life Insurance that provides a death benefit which declines throughout the term of the contract, reaching zero at the end of the term. (LI)

(Source: InsWeb)

Also see these pages: Decreasing Term , Life Insurance, Life Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Declaration :

Declaration: A term used in insurance other than Life or Health to denote that portion of the contract in which is stated such information as the name and address of the insured, the property insured, its location and description, the policy period, the amount of insurance coverage, applicable premiums, and supplemental representations by the insured. (PR,LA)

(Source: InsWeb)

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Definition and meaning of Double Protection :

Double Protection: A form of Life Insurance combining Whole Life and an equivalent amount of Term, with the Term expiring at a stated future date, usually at 65 years of age. For example, an individual may purchase $50,000 worth of Life Insurance protection, $25,000 of it being Term Insurance and the other $25,000 Whole Life. The provision would state that the $25,000 of Term Insurance ceases when the insured reaches age 65. (LI)

(Source: InsWeb)

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Definition and meaning of Declinature :

The refusal of an insurer or reinsurer to offer terms of cover.

(Source Lloyd's )

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Definition and meaning of Dividend :

Dividend: A policy holder's share in the insurer's divisible surplus fund apportioned for distribution, which may take the form of a refund of part of the premium on a participating policy. The term is also used for a stockholder's share of the portion of a corporation's earnings that is distributed in cash or additional stock.

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

Also see these pages: Dividend , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Direct Writer :

Direct Writer: The industry term for a company which uses its own sales employees to write its policies. Sometimes refers to companies which contract with exclusive agents.

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

Also see these pages: Direct Writer , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Duty of disclosure :

The duty of every person seeking insurance or reinsurance to inform the insurer/reinsurer from whom a quotation for insurance/reinsurance is sought of every material fact. The duty arises when seeking new insurance/reinsurance, when seeking a variation of cover (but only as regards a change in risk where the carrier is the same as before) and at renewal (but only as regards a change in risk where the carrier is the same as before). The scope of the duty may be modified by the terms of a proposal form.

 Should a person seeking insurance/reinsurance fail to disclose a material fact then this may lead to the avoidance of the relevant insurance or reinsurance by the underwriter. The consequences of non-disclosure may be modified by the terms of the relevant insurance/reinsurance.

(Source Lloyd's )

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Definition and meaning of disability :

disability: Physical or mental condition that prevents a person from performing one or more occupational duties temporarily (short-term), long-term, or totally (total disability).

(Source: Bank of America )

Also see these pages: disability , Insurance, Insurance Sitemap, Insurance Dictionary - D

Definition and meaning of Dedicated vehicle :

A corporate member that only participates on one or more syndicates that are managed by the same managing agent or group of managing agents. The term is often used interchangeably with the expression aligned member.

(Source Lloyd's )

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Definition and meaning of delinquency :

delinquency: Failure to comply with the terms and conditions of a mortgage, usually by not making payments on time. A delinquency rate is the sum of delinquencies at a point in time divided by the total of outstanding mortgages at that time.

(Source: Bank of America )

Also see these pages: delinquency , Insurance, Insurance Sitemap, Insurance Dictionary - D