Learn about partial disability in health insurance, a term that refers to a disability from injury or illness that hinders the insured from completing all occupational tasks. Discover how it is defined and impacts policyholders.
Explore partial hospitalization services in health insurance. Learn how these outpatient treatments serve as alternatives or continuations for mental health and substance abuse patients.
Learn about Participation in Health Insurance: gauging the number of employees enrolled in a plan relative to those eligible for coverage.
Learn about the payback period in general insurance terms, including how to calculate it and its significance in assessing investment returns.
Learn about performance bonds (surety) and their importance in ensuring proper contract fulfillment in various industries.
Learn about Personal Liability Supplement in liability insurance, a form attached to dwelling policies providing essential personal liability coverage.
Learn about personal lines in general insurance, which include coverage options like health insurance and homeowners insurance for individuals and families.
Learn about Personal Property of Others, a key term in general insurance referring to property that does not belong to the insured named in the contract, excluding real estate.
Learn about policy dividends, how they are calculated, and what they signify in general insurance. Understand the benefits for policyholders.
Learn about Policyholder's Surplus in general insurance, the foundation that ensures insurers can meet future obligations and guarantee policyholder confidence.
Learn about the pollution liability extension endorsement, an important element in liability insurance that negates certain portions of the pollution exclusion.
Learn about the term 'Portfolio' in general insurance, covering both assets invested by a company and all policies in effect along with unsettled losses.
Discover what a premium load, or front-end load, entails in life insurance. Learn how this fraction of the premium covers insurer expenses.
Learn about the presumption of agency, an agency relationship that is legally enforceable without a signed agreement, and its implications in general insurance.
Learn about prior authorization, a crucial technique in health insurance for minimizing costs by ensuring medical care is pre-approved before benefits are paid.
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 pro rata, a term used in insurance to describe the allocation of payouts between beneficiaries or the sharing of liability between insurers. This guide explains its significance in insurance contracts.
Learn what proceeds in life insurance entail, including the face value of a policy and any amounts to be paid out. Get clear, concise information tailored for policyholders.
Discover how Protection and Indemnity Insurance provides coverage for shipowners against negligence-related damages to crew or cargo. Learn about the scope and benefits of this specialized property insurance.
Dive into the concept of the policy fee in life insurance. Learn about its historical significance, its function as a flat rate charge, and its impact on initial costs.
Learn about presumptive disability in health insurance, a condition assumed to be permanent and total, which includes severe impairments such as loss of vision, hearing, or multiple limbs. Understand eligibility and benefits for policyholders.
Learn about the concept of past service benefit in pensions, which provides credit for the time an employee worked before a retirement plan was instituted.
Learn about the policy period in general insurance, which defines the duration for which your insurance coverage remains valid.
Learn the definition of Protection in general insurance terms and how it relates to coverage and neighborhood fire safety resources.
