Learn about Profit and Commissions Insurance, a type of property insurance tailored for individuals whose income is reliant on commissions or profits tied to particular properties. This insurance safeguards against loss of income due to property damage.
Explore Public Liability Insurance, covering bodily injury and property damage liabilities. Essential for protecting your business from legal actions brought by the public.
Understanding the concept of Quid pro quo in insurance, where items of value are traded to form a valid contract.
Discover the meaning of 'Slip' in general insurance terms, especially within Lloyd's of London. Learn how brokers use slips to identify the syndicate that has accepted a risk and the submission process to Lloyd's underwriters.
Learn about the role of a special agent in general insurance, their responsibilities, and how they represent insurers in specific territories.
Discover the role of a state agent in the insurance industry, a term historically referring to an agent who operates exclusively within specific states.
Learn about the role of state associations of insurance agents in promoting agencies and addressing common problems within the insurance industry.
Discover the definition and importance of the statute of frauds in contract law. Learn which contracts must be written to be legally enforceable.
Learn about Storekeeper’s Burglary and Robbery Insurance, a package policy that provides storekeepers with coverage against seven key criminal hazards, ensuring protection for their business.
Learn about the Storekeeper’s Liability Policy, a comprehensive insurance package covering property damage and bodily injury liability for storekeepers. Essential for everyday business operations.
Learn about sub agents in general insurance. Discover their roles, responsibilities and how they differ from direct agents in the insurance ecosystem.
Learn about surplus lines in insurance, referring to risks that cannot be insured by agents within their jurisdiction. Explore regulations and the role of surplus lines insurers.
Comprehensive guide to Tobacco Sales Warehouses Coverage Form in Property Insurance, focusing on operational coverage and specific time frame protection for tobacco products.
Learn about 'Property Other than Money and Securities (Criminal)' in commercial crime policies, which refers to tangible property with intrinsic value, such as office furniture or supplies.
Learn about Commercial Package Policy (CPP) which includes coverage options for Commercial Property, Business Crime, Business Automobile, and more for commercial organizations.
Discover how a Disability Buy Sell policy funds an agreement to purchase the interests of a disabled stockholder. Learn more about buy sell agreements in health insurance.
Learn about the term 'Field Force' which refers to the agents and supervisors working for an insurance company in local offices. Essential for anyone involved in the insurance industry.
Learn about group contracts in health and life insurance, including benefits, coverage details, and eligibility for employees under a single employer.
Learn about the guiding principles in general insurance that dictate how coverage of a loss is shared between two insurance companies, as developed by property and liability associations.
Learn about Key Person Insurance, a crucial life insurance policy that safeguards businesses from financial hardships due to the death of a key employee. Discover its benefits, coverage, and importance.
Explore the role and function of a Lloyd's syndicate within the general insurance sector. Learn how this group of underwriters manages risks and its significance in the insurance market.
Learn about performance bonds (surety) and their importance in ensuring proper contract fulfillment in various industries.
Learn what a Private Carrier in Property Insurance means, and how it differs from a common carrier. Explore the contractual obligations of transportation companies restricted to certain customers.
Learn about the role and functions of a regional office in general insurance, also known as a branch office, and how it operates within a particular geographic area, reporting to a home office.
Learn about the Business Income Coverage Form in Property Insurance, which provides coverage against losses due to property damage, including loss of business.
Explore the direct selling system in general insurance where insurers sell directly to the insured via employees. Learn about its methods including mail order services.
Learn about the General Agents and Managers Conference, an association affiliated with the National Association of Life Underwriters (NALU), comprising of distinguished agents and managers in the Health and Life Insurance sector.
Discover what General Liability Insurance is, why business owners need it, and what it typically covers. Learn about liability coverage for bodily injury on property or product-related losses.
Discover the benefits of Wrap-Up Liability Insurance, a plan designed to cover all liability risks for large amounts, typically tailored for extensive projects or multiple contractors.
Learn about Garage Keepers’ Legal Liability Insurance, which offers protection to garage owners against liability for damages to vehicles in their care or custody.
Discover the role of a Third Party Administrator (TPA) in administrating life and health insurance policies for employers. Learn how TPAs facilitate communication between employers and insurers, process claims, and determine eligibility.
Learn the definition of Protection in general insurance terms and how it relates to coverage and neighborhood fire safety resources.
