# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Learn about the Carpenter Plan in reinsurance, where the premium amount is linked to the insurance company's incurred losses over a specific period. This article delves into the specifics of how it works and its implications.
Understand the concept of cash flow plans in general insurance, a method that allows insured individuals to pay premiums over a set period.
Discover how cash value life insurance allows policyholders to accumulate savings, providing both insurance coverage and a cash component.
Learn about channeling in health insurance, a policy that safeguards unemployed hospital physicians against medical professional liability while increasing hospital patient admissions.
Learn about the illegal practice of churning in life insurance, where existing policies are unnecessarily replaced to earn extra commissions.
Explore the role of a Cleanup Fund in life insurance. Learn how it helps cover remaining costs after a policyholder's death and ensure financial stability for beneficiaries.
Explore the concept of contents rate in general insurance, focusing on the premium charged for the contents of a building, excluding the actual building structure.
Learn about the contingency reserve in general insurance—an essential reserve set aside for unforeseen events or damages, typically found in an insurance company's annual statement.
Learn about Contingent Beneficiary in life insurance - a secondary beneficiary who receives benefits if the primary beneficiary is deceased at payout.
Discover the legal concept of contributory negligence and how it impacts the accountability of insured individuals in insurance claims and injury cases.
Learn about the Convention Blank, a mandatory annual financial statement for insurance companies required in all states. Understand its purpose, regulatory requirements, and filing process.
Learn about 'Credit Carried Forward' in reinsurance, its implications under spread loss, and how it impacts accounting periods. A key term for insurance professionals.
Understand data processing coverage in property insurance, including protection against data processing system failures and restoration costs.
Learn about delivered business in life insurance, where contracts are delivered to the insured but have not yet been paid for. Understand the implications and significance of this term in the insurance industry.
Learn about demolition insurance, part of property insurance, which covers the costs associated with the demolition of buildings not covered under a demolition clause or due to perils requiring demolition, such as fire.
Learn about the Dishonesty, Disappearance, and Destruction policy (formerly known as 3-D policy), a crucial form of commercial crime insurance that shields businesses from losses due to employee fraud and forgery.
Learn about Drug Utilization Review (DUR) in health insurance, a process that evaluates the usage and effectiveness of drug treatments to ensure optimal healthcare outcomes.
Learn about Elevator Collision Coverage, a vital component of business liability insurance policies that covers damages to elevators, personal possessions, and buildings.
Understand who qualifies as an eligible person under health insurance contracts. Learn the difference between eligible employees and persons, their qualifications, and eligibility criteria.
Learn about the Employee Certificate of Insurance in health and life insurance. Discover what this proof of membership in a group plan entails and the key elements it includes.
Learn about the enrolling unit in health insurance and its critical role in managing group health plan memberships. Discover how a company or group becomes an enrolling unit and the implications for members.
Learn about estate planning and how it helps administer an estate to minimize shrinkage caused by taxation. Explore strategies and benefits.
Learn about the exclusive agency system in insurance, where agents only represent one company or give them the right of first refusal. Understand its benefits and drawbacks.
Learn about expected claims in health insurance, the anticipated amount of claims during a contract year, and how they are determined by statistical data.
