Understand the Electrical or Electrical Apparatus Exemption Clause in Property Insurance. Learn how damage to appliances caused by electrical currents is covered only if a fire begins.
Explore the essential aspects of Employee Welfare Benefit Plans, including their role in providing medical care, benefits upon illness, death, or unemployment. Ideal for employers seeking to understand their obligations.
Learn about Equipment Floater in property insurance, providing coverage against specific types of damage on various kinds of equipment. Protect your assets with the right insurance.
Discover what Errors and Omissions Insurance (Liability) covers, whom it benefits, and why financial advisors and insurance agents need it. Learn how it protects against losses from mistakes and inadequate insurance coverage in financial institutions.
Learn about the estate plan in general insurance, including wills and provisions for distributing one's estate upon death or disability. Find out why having an estate plan is crucial.
Discover what excess insurance means in general insurance terms. Learn how it acts as a secondary coverage that pays beyond the primary policy once a specified amount is exceeded.
Discover how experience modification impacts your insurance premiums. Learn about experience rating plans and how they can increase or decrease your insurance costs.
Learn what Expiry means in Life Insurance, focusing on the conclusion of a term life policy at the end of its coverage period.
Understand the extortion coverage form in commercial crime insurance. Learn how it protects businesses from losses due to extortion involving cash, securities, and other goods.
Learn about Extra Expense Insurance, a vital form of Property Insurance that compensates for costs associated with keeping a business operational after damage from a covered hazard.
Learn about eligibility periods in health insurance, the time frame during which medical costs are reimbursed and when prospective insureds can enroll without proving insurability.
Learn about eligible expenses in health insurance—medical costs or other charges that are covered under the health plan contract.
Learn about what constitutes an emergency in health insurance, defined as an illness or injury with a sudden onset that requires immediate medical attention.
Explore the key features of employee benefit programs, focusing on employer-provided health and life insurance to cover medical care, death, and disability expenses.
Learn about Employees Trust (Pensions), a financial vehicle for funding pensions and profit-sharing plans, benefiting employers and employees.
Learn about Employer's Non-Ownership Liability Insurance, covering the employer from liability when employees use their personal vehicles for business purposes.
Explore the fundamentals of employment benefit plans that include pension and welfare plans designed to provide financial security and health benefits to employees.
Learn about Endorsement Split Dollar Plans, a liability insurance strategy where an employer holds ownership and control of an employee’s life insurance policy, ensuring the employee's right to benefits through the employer’s endorsement.
Learn about Equipment Breakdown Insurance, a commercial insurance that covers any loss caused by the breakdown of machinery or other equipment. Essential for businesses relying on critical equipment to operate efficiently.
Learn about the concept of equity in general insurance terms, including its significance in determining the cash value of an insurer after liabilities are taken into account.
Learn about examination, an essential evaluation conducted by the state insurance department of an insurance company, its significance, and its impact on insurance practices.
Learn about excess interest (liability) in life insurance, where interest added to the cash value of a policy exceeds the minimum rate guaranteed by the insurer.
Learn about Experience Refund in Reinsurance, a profit-sharing mechanism where a fixed amount of net profit is returned to the ceding insurer at year's end.
Learn about the Explanation of Medicare Benefits, a statement mailed to Medicare participants detailing the payment for their claims. Find out how it informs beneficiaries about covered services and payments.
