Learn what declination means in general insurance terms. Find out why an insurer may decline an application for coverage.
Learn about Disability Insurance, a vital policy that offers financial protection by paying out benefits when the insured is unable to earn an income due to disability. Understand the coverage for total, catastrophic, or residual disabilities.
Understanding Discovery Cover in Reinsurance: A treaty covering losses identified during the agreement term, regardless of the actual loss date. Essential for comprehensive risk management.
Explore the concept of deposition in legal terminology. Learn what a deposition is, its role in court cases, and the process involved as part of witness testimony.
Learn about depreciation in general insurance, a loss in the value of property due to wear and tear, usage, or obsolescence. Understand how it impacts your insurance coverage and claims.
Learn about direct loss in property insurance, including how it is defined and examples such as flood damage.
Learn about the discovery period in surety bonds, the grace period during which insured parties can report losses following bond cancellation. Understand how this one-year term protects against unforeseen financial setbacks.
Learn about the Debris Removal Clause in property insurance which ensures reimbursement for cleanup expenses from insured losses.
Understand deferred compensation plans and how the deferment of an executive's salary can supplement retirement income. Learn about the agreement requirements and employee loyalty benefits.
Explore the benefits and workings of Deferred Group Annuities, a group annuity contract that enables annual purchases of deferred annuities, ensuring retirement income.
Discover what a deficiency reserve in life insurance means, including when it is required on a balance sheet if the premium charged is less than the net premium reserve.
Learn what 'Dependent' means in general insurance terms. Discover how dependents affect policies and the role they play in insurance coverage.
Learn about dependent life insurance, a group life insurance benefit that provides death protection to the dependents of an employee covered under the plan.
Learn about depository bonds (surety), which promise that government deposits made to a bank will not experience loss, ensuring financial security and compliance.
Learn about Depreciation Insurance in Property Insurance, which offers the replacement value of damaged items without deducting depreciation, ensuring complete coverage.
Explore the concept of discharge planning in health insurance, a critical process that involves creating a tailored treatment plan for patients after their release from inpatient care. Discover its importance and impact on patient outcomes.
Learn about dismemberment in health insurance, the loss of specific body parts or their use due to accidental injury and its impact on coverage.
Learn about the dividend accumulation option in life insurance policies, which allows policyholders to accumulate dividends with the insurer and earn compound interest.
Discover how double indemnity in health and life insurance works. Learn when twice the policy value is paid out in cases of accidental death or specific situations.
Understand the Drive Other Car Endorsement in vehicle insurance, an extra form of coverage that offers protection while driving non-owned cars.
Learn about the Dual Choice in Health Insurance, a federal regulation requiring certain employers to offer both an indemnity plan and an HMO. Applicable to employers with 25+ employees, paying minimum wage or more, offering health care coverage, and a federally certified HMO available in the area.
Learn about 'Damages' in legal terminology, which refers to the total monetary amount needed to compensate for a loss. Find out its significance in the context of insurance, compensation, and legal claims.
Learn about detoxification, the physical withdrawal process from alcohol or drugs under medical supervision, as covered by health insurance.
Explore the concept of Difference in Conditions (DIC) Property Insurance, a separate contract that enhances or complements existing property insurance to provide protection against all risks, excluding specific exclusions.
