# 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
Discover the definition of an Asset in general insurance terms. Learn how assets such as property and office furniture are listed on an insurance company's balance sheet.
Understand the concept of rebate in general insurance terms, including its legal implications and differences from reduced premiums or rate adjustments.
Discover the significance of while clauses in property insurance, which suspend coverage during specific events. Learn the impact on your policy and how to manage these conditions effectively.
Learn about Workers Compensation, benefits provided to employees injured, disabled, or killed while working, and the insurance employers take to cover these benefits.
Learn about wrongful abstraction insurance, a type of policy that provides coverage specifically for robbery and burglary involving money and securities.
Broad form cause of loss in property insurance covers most reasons for a loss, making it a comprehensive option for homeowners. Learn the specifics and benefits.
Learn about captive agents in general insurance terms. These agents exclusively represent one insurance company, offering specialized knowledge and dedicated service to clients.
Learn about commutation in life insurance, a process where policyholders trade a series of future payments for a lump sum settlement. Understand its benefits and implications.
Understand the concept of conservation in general insurance, where insurers take actions to retain current policies and prevent them from lapsing.
Explore the dependent care plan in health insurance, a notable employee benefit where employers reimburse childcare or provide on-site daycare facilities.
Discover the fundamental aspects of dependent coverage in health and life insurance, including eligibility for spouses and children, and applicable age limits.
Explore Electronic Data Processing Coverage in Property Insurance, including the coverage scope for computers, data systems, and income loss due to data processing disruptions.
Learn about the role of an examiner in the insurance industry, including general, health, and life insurance. Understand their responsibilities in auditing insurers and examining prospective policyholders for health and life insurance.
Learn about Flexible Spending Accounts (FSAs) in health insurance, pre-tax deductions, and coverage for child care or medical expenses. Understand the benefits and limitations, including the forfeiture rule at year's end.
Learn about gross earnings in property insurance, including how they are calculated by deducting the cost of goods sold from total sales.
Understand guest property coverage under commercial policies for hotels and motels. Learn about the two forms covering safe deposit boxes and legal liability.
Understand the meaning of impaired insurer, the signs of financial trouble in insurance companies, and the impact on policyholders and the insurance industry.
Understand the Incurred Loss Ratio in General Insurance. Learn how the ratio of losses sustained compares to money earned from premiums, enhancing your insurance knowledge.
Learn about Lloyd's broker, a professional who negotiates and offers prospective risks to underwriters at Lloyd's. Understand their key responsibilities and authorization requirements.
Learn about mill construction in property insurance, its higher standards, and how it qualifies buildings like warehouses for reduced fire insurance rates.
Discover the essentials of Owners and Contractors Protective Liability Policy, also known as independent contractors insurance, ensuring protection against contractor or subcontractor negligence.
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 what reassured means in the context of reinsurance, and understand the importance and role of companies that obtain reinsurance coverage.
Learn about Replacement Cost Insurance, a type of property insurance that covers losses based on the replacement cost. Understand its benefits and how it compares to actual cash value policies.
