Discover the importance of the Place of Service in health insurance, including common locations like hospitals and physicians' offices. Understand how it impacts your coverage and reimbursement.
Understand the function and importance of the Premium Adjustment Form in Property Insurance. Learn how it helps in adjusting premiums based on potential exposures throughout the policy term.
Learn about the premium receipt book in life insurance, its definition, importance, and usage. Discover how it helps in keeping track of premium payments.
Discover the concept of prima facie in legal terminology and its significance in the insurance industry. Learn how prima facie evidence can impact insurance claims and litigations.
Primary coverage refers to insurance coverage that pays claims submitted without waiting for another policy to pay first. Understand how primary coverage works in health and general insurance.
Learn about prior approval rating forms, a crucial term in general insurance that mandates insurers to seek state approval before changing rates.
Learn about pro rata rates in general insurance terms, which refers to the rate for a shorter term than the usual contract period. Explore its significance and how it is calculated.
Learn about the proration of benefits in health insurance, an adjustment made to medical benefits due to duplicate coverage from another policy.
Learn about prospecting in general insurance terms, which involves activities related to finding and engaging potential clients or prospects for insurance policies and services.
Learn about protected risk in property insurance, defined as property located within the territory served by a fire department. Understand how this affects your insurance coverage and premiums.
A public adjuster works on behalf of an insured, employing expertise to handle claims and maximize insurance payout. Learn their role and importance in the insurance domain.
Learn about what a premium receipt is in general insurance, its purpose, and why it is important for policyholders. Get detailed insights and key information.
Explore the concept of Portfolio Reinsurance, where a reinsurer takes on a portion of the ceding insurer's entire portfolio, including all classes or just one coverage class.
Learn about Preferred Provider Organization (PPO) networks in health insurance, how they operate, and their benefits compared to HMO plans. Discover the flexibility PPOs provide for choosing healthcare providers.
Learn what prescription medication means in the context of health insurance, and why it's essential for medications to be prescribed by a doctor.
Learn about Property Insurance, a vital coverage for property owners to protect against income loss and other risks. Explore how Property Insurance works and its benefits.
Learn about prohibited risk in general insurance, where certain types of businesses are deemed uninsurable by insurers. Gain insights into why some risks are not covered and what alternatives exist.
Learn about permanent and total disability in health insurance, a designation for disabilities that persist beyond six months and are deemed incurable.
Understand the Premium and Dispersion Credit Plan for commercial property insurance policyholders. Learn how credits are allocated due to reduced risk across multiple locations.
Explore how P.S. 58 charges influence taxable economic benefits in split dollar plans, including the IRS generated cost of pure death protection.
Learn about Pluvious Insurance, a type of property insurance that covers losses from outdoor event cancellations due to rain. Ensure your event's financial protection.
Learn about private passenger automobile insurance, covering any automobiles used to transport private passengers, including approved vans for public motorways.
Learn about paid business in health and life insurance, including the application process, premium payments, and medical exams required.
Learn about Participating Policies in general insurance, including how they pay dividends to policy owners and share loss coverage among multiple insurances.
