Learn about Care, Custody, and Control (Liability), a category often excluded from liability insurance policies, and understand why these exclusions exist.
Learn about Cargo Insurance, a type of Property Insurance that covers your cargo during transportation. Understand its benefits and how it can safeguard your valuables on the move.
Discover the definition of 'Carrier' in general insurance terms. Learn why 'Insurer' is more commonly used and the distinctions between insurance carrier and transportation carrier.
Learn about catastrophe futures, a financial instrument that insurance companies use to safeguard against large-scale future losses. Discover how this tool helps in risk management.
Learn about what a ceding company is in the realm of reinsurance, including its role in transferring insurance policies to another insurance company.
Learn about the Certificate of Authority in health insurance, a state-issued certificate crucial for the licensing and operation of health maintenance organizations.
Learn about the choice no-fault plan in vehicle insurance, where a vehicle owner opts for the no-fault coverage provided by the state. Discover how it impacts your car insurance.
Learn about the definition and certification process for chronically ill individuals in the context of health insurance. Understand the requirements and who can provide certification.
Learn about the role of a claim agent in general insurance, their responsibilities, and how they assist in the claims process for insured losses.
Learn about the claim provision clause in general insurance terms, which outlines the necessary steps for submitting and managing insurance claims efficiently.
Understand the Clear Space Clause in Property Insurance and how it requires certain belongings to be stored at specified distances to minimize the risk of loss. Learn more about its significance and applications.
Discover the role of a coinsurer within an insurance policy, where the coinsurer shares in the loss. Learn more about general insurance terms and their significance.
Learn about Commercial Blanket Bond - a type of insurance providing blanket coverage for employees supplied by the employer. Discover its maximum loss limit and how it applies to any loss regardless of the number of involved employees.
Learn about commercial insurance companies, which are privately owned entities selling insurance for profit. Discover their role in the insurance industry.
Learn about Commercial Property Floaters in General Insurance, a way to insure businesses that operate from multiple locations, like food vendors at different events.
Understand the Commissioner's Standard Industrial Mortality Table, used to determine the nonforfeiture value for industrial life insurance policies. Learn its role and significance in life insurance.
Explore the concept of comparative negligence in tort law. Learn how both parties' contributions to an accident are evaluated and assigned proportional responsibility in specific states.
Learn about Completed Operations Insurance, a form of liability insurance that covers contractors for accidents and damages occurring after project completion.
Understand comprehensive glass insurance in property insurance. It covers glass breakage for almost any reason, ensuring full protection for incidents like the shattering of store windows.
Understanding the different forms of commercial crime coverage, from employee dishonesty to computer fraud and beyond.
Explore comprehensive insurance, a policy that protects against various non-collision circumstances like theft, fire, or vandalism. Learn about its benefits in vehicle insurance.
Explore the concept of Condition Subsequent, a vital stipulation in insurance policies that can render a contract invalid if a specified event occurs.
Learn about consequential loss in property insurance, including examples such as business interruptions and food spoilage due to power outages. Understand its definition and significance in indirect loss coverage.
Understand the role of a conservator in insurance: a court-appointed individual who directs and manages financially troubled insurance companies.
