Property Insurance Glossary

Definition and meaning of V&MM, VMM :

V&MM, or VMM: Vandalism and Malicious Mischief. Damage or destruction to property which is willful. Traditionally VM&M coverage was optional on many forms or added by endorsement, but today it is automatically covered by basic commercial and homeowner forms. (PR)

(Source: InsWeb)

Also see these pages: V&MM, VMM , Property Insurance, Property Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - V

Definition and meaning of Cross liability clause :

Cross liability clause: obligates an insurer to protect each insured separately.

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

Also see these pages: Cross liability clause , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - C

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 Sublimit :

Sublimit: Any limit of insurance which exists within another limit. For example, special classes of property may be subject to a specified dollar limit per occurrence, even though the policy has a higher overall limit; a health insurance policy may limit certain benefits to fixed dollar amounts or maximum amounts per day, even though the overall coverage limit is higher.

(Source: InsWeb)

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

Insurance companies may be classified as Life insurance companies, who sell life insurance, annuities and pensions products. Non-life or general insurance companies, who sell other types of insurance. In most countries, life and non-life insurers are subject to different regulations, tax and accounting rules. The main reason for the distinction between the two types of company is that life business is very long term in nature — coverage for life assurance or a pension can cover risks over many decades. By contrast, non-life insuranc ...

See also:

Insurance, Insurance - Principles of insurance, Insurance - Indemnification, Insurance - How an insurance company makes money, Insurance - Determination of rate structures, Insurance - Gambling analogy, Insurance - History of insurance, Insurance - Types of insurance, Insurance - Types of insurance companies, Insurance - Life insurance and saving, Insurance - Financial viability of insurance companies, Insurance - Controversies, Insurance - Insurance insulates too much, Insurance - Complexity of insurance policy contracts, Insurance - Redlining, Insurance - Health insurance, Insurance - Dental insurance, Insurance - Insurance Patents, Insurance - The insurance industry and rent seeking, Insurance - Insurance in Blackjack, Insurance - Glossary, Insurance - Quote, Insurance - Lists

Read more here: » Insurance: Encyclopedia II - Insurance - Types of insurance companies

Definition and meaning of Object :

Object: In Boiler and Machinery Insurance, the name of the vessel insured; the object of insurance. (PR)

(Source: InsWeb)

Also see these pages: Object , Property Insurance, Property Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - O

Early methods of transferring or distributing risk were practiced by Babylonian traders as long ago as the 2nd millennium BCE. The Babylonians developed a system which was recorded in the famous Code of Hammurabi, c. 1750 BC, and practiced by early Mediterranean sailing merchants. If a merchant received a loan to fund his shipment, he would pay the lender an additional sum in exchange for the lender's guarantee ...

See also:

Insurance, Insurance - Principles of insurance, Insurance - Indemnification, Insurance - How an insurance company makes money, Insurance - Determination of rate structures, Insurance - Gambling analogy, Insurance - History of insurance, Insurance - Types of insurance, Insurance - Types of insurance companies, Insurance - Life insurance and saving, Insurance - Financial viability of insurance companies, Insurance - Controversies, Insurance - Insurance insulates too much, Insurance - Complexity of insurance policy contracts, Insurance - Redlining, Insurance - Health insurance, Insurance - Dental insurance, Insurance - Insurance Patents, Insurance - The insurance industry and rent seeking, Insurance - Insurance in Blackjack, Insurance - Glossary, Insurance - Quote, Insurance - Lists

Read more here: » Insurance: Encyclopedia II - Insurance - History of insurance

Definition and meaning of MPIC :

MPIC: Multiple Peril Insurance Conference. (PR)

(Source: InsWeb)

Also see these pages: MPIC , Property Insurance, Property Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Vallabacharya (Sanskrit). The name of a mystic who was the chela (disciple) of Vishnu Swami, and the founder of a sect of Vaishnavas. His descendants are called Goswami Maharaj, and have much landed property and numerous mandirs (temples) in Bombay. They have degenerated into a shamefully licentious sect.

(See also: Vallabacharya , Theosophy, Spirituality, Body mind and Soul, Spiritual Dictionary,)

Dream Dictionary Index with links to 10.000 dream interpretations from many different sources.

Please note that all words in grey are hyperlinked to an archive with articles related to that word, including dream interpretations.

For more dream interpretation, see: Meaning of Dreams or Dream Dictionary

For articles about dreams, see: Dreams

Read more here: » Dream Interpretation Index: Dream Interpretation Index including links to 10.000 dream interpretations

Celtic Marriage

This article is not just for those interested in the traditions of Celtic Marriage, it is also a look into the complex body of law that governed the ancient Celts.

For the ancient Celts, marriage was a very different thing than what we conceive of as "marriage" today. For them, marriage or handfasting as some know it was a form of contract that had several purposes. These included the protection of property rights, the care of progeny (children), and the rights of the individuals involved in the relationships themselves.

Read more here: » Ancient Celts: Celtic Marriage

The word - Sankhya - means - number -. The system gives an enumeration of the principles of the universe, twenty-five in number. Hence the name is quite appropriate. The term - Sankhya - is used in the sense of - Vichara - or - philosophical reflection - also.

In the Sankhya system, there is no analytical enquiry into the universe as actually existing, arranged under topics and categories. There is a synthetical system, starting from an original primordial Tattva or Principle, called Prakriti, that which evolves or produces or brings forth (Prakaroti) everything else.

Excerpt from All About Hinduism by Sri Swami Sivananda

Read more here: » Sankhya: Hindu Philosophy . The Sankhya

MOTHER KALI

The Destroyer of Demoniac Attributes

It is unfortunate that Devi is ignorantly understood by many as a mere blood-thirsty Hindu Goddess. No! Devi is not a vicious demoness nor is She the property of the Hindus alone. Devi does not belong to any religion. Devi is that conscious power of God. The words Devi, Shakti, etc., and the ideas of different forms connected with these names are concessions granted by the sages due to the limitations of the human intellect; they are by no means the ultimate definitions of Shakti.

From " Hindu Fasts & Festivals " by Sri Swami Sivananda.

Read more here: » Kali: The Hindu Godess Mother Kali

Man can be compared to a plant. He grows and flourishes like a plant and dies in the end but not completely. The plant also grows and flourishes and dies in the end. It leaves behind it the seed which produces a new plant. Man leaves when dying his Karma behind—the good or bad actions of his life. The physical body may die and disintegrate, but the impressions of his actions do not die. He has to take birth again to enjoy the fruits of these actions. No life can be the first, for it is the fruits of previous actions, nor the last, for its actions must be expiated in the next life following. Therefore, Samsara or phenomenal existence is without beginning and an end. But there is no Samsara for a Jivanmukta or liberated sage who is resting in his own Sat-Chit-Ananda Svarupa.

The death and dying and the life after death has always fascinated man. This is an excerpt from the book What Becomes Of The Soul After Death by Sri Swami Sivananda.

Read more here: » Reincarnation: Theory Of Rebirth

Detachment is not indifference or lack of love. In fact, it is real love because it is not related to appearance. Witness has no attachment and hence no detachment is needed. Ego has attachment therefore detachment has to be developed.This article is Ean excerption from Mind the Gap. The writer, Sukshmananda Swami, is a disciple of Sri Narayana Guru.

Read more here: » Buddhism: Buddha Consciousness - Become a Witness

Osho often pointed out that no church or temple built by man can be greater than man. And man-made churches and temples are so small and insignificant there isn't enough room for God! A temple built by someone whose mind is not a temple itself is of no use.

(See also: Osho , Faith and Belief, Spiritual Guidance, God and Religion, Peace on Earth, Peace of Mind, Love and Happiness, Life and Beyond, Body Mind and Soul)

Read more here: » Osho: Look for the Mandir That's Within You  

Hinduism and Women: Hindu view on the Woman

According to Hinduism, a woman is a form of energy (shaktiswarupini) or an aspect of Shakti. She is mata, the Mother Goddess, or devi the auspicious one. As a young child she is kanya, the goddess Durga. As a wife she is patni and saha dharma charini, a partner in her husbands religious duties. As a mother she is worthy of worship (matrudevobhava).

Read more here: » Hinduism and Women: Hindu view on the Woman

 The whole universe is made up of five basic elements, the earth, water, fire, air and space. Our body is also made up of these five basic elements of nature. The  pancha-mahabhootas  are related to our five senses of smell, taste, hearing, touch and sight. Any imbalance in our external and internal Vastu translates into unhappy situations. Vastu teaches the individual to live in balance and harmony with the panchamahabhootas.

Read more here: » Vastu: Five Elements Of Vastu

How vastu is working and how bad vastu can be rectified. Describes earth energies impact on the chakra system. The ancient science of Vastu is the Indian counterpart of Feng Shui.

Read more here: » Vastu: Vasthu, the Indian Vedic science of Environmental bliss

purushartha: (Sanskrit) "Human wealth or purpose."

The four pursuits in which humans may legitimately engage, also called chaturvarga, "four-fold good" - a basic principle of Hindu ethics.

-       dharma: "Righteous living." The fulfillment of virtue, good works, duties and responsibilities, restraints and observances - performing one's part in the service and upliftment of society. This includes pursuit of truth under a guru of a particular parampara and sampradaya. Dharma is of four primary forms. It is the steady guide for artha and kama.

-       See: dharma.

-       artha: "Wealth." Material welfare and abundance, money, property, possessions. Artha is the pursuit of wealth, guided by dharma. It includes the basic needs - food, money, clothing and shelter - and extends to the wealth required to maintain a comfortable home, raise a family, fulfill a successful career and perform religious duties. The broadest concept of wealth embraces financial independence, freedom from debt, worthy children, good friends, leisure time, faithful servants, trustworthy employees, and the joys of giving, including tithing (dashamamsha), feeding the poor, supporting religious mendicants, worshiping devoutly, protecting all creatures, upholding the family and offering hospitality to guests. Artha measures not only riches but quality of life, providing the personal and social security needed to pursue kama, dharma and moksha. It allows for the fulfillment of the householder's five daily sacrifices, pancha mahayajna: to God, ancestors, devas, creatures and men.

-       See: yajna.

-       kama: "Pleasure, love; enjoyment." Earthly love, aesthetic and cultural fulfillment, pleasures of the world (including sexual), the joys of family, intellectual satisfaction. Enjoyment of happiness, security, creativity, usefulness and inspiration.

-       See: Kama Sutras.

-       moksha: "Liberation." Freedom from rebirth through the ultimate attainment, realization of the Self God, Parasiva. The spiritual attainments and superconscious joys, attending renunciation and yoga leading to Self Realization. Moksha comes through the fulfillment of dharma, artha and kama (known in Tamil as aram, porul and inbam, and explained by Tiruvalluvar in Tirukural) in the current or past lives, so that one is no longer attached to worldly joys or sorrows. It is the supreme goal of life, called paramartha.

See: liberation, moksha.

(See also: Purushartha , Hinduism, Body Mind and Soul)