Learn about installments certain in life insurance, an option where the settlement is paid in equal portions for a specified time frame. Understand its benefits and implications.
Learn about the definition and significance of an Interstate Carrier in General Insurance Terms. Understand the role of companies providing transportation across state lines.
Learn about Lloyd's Association, a group similar to Lloyd's of London, where individuals come together to share insurance risks without being in business together, each responsible for their chosen portion.
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 the concept of quadruple indemnity in life insurance, a provision that provides multiple indemnity, similar to double indemnity. Learn how it can impact your policy and coverage.
Understand the sistership exclusion in liability insurance, preventing coverage of products withdrawn from the market. Essential insights for policyholders.
Learn about temporary partial disability, a short-term circumstance where an individual is temporarily unable to perform their usual duties but can work in some capacity until full recovery.
Learn about collateral assignment in life insurance and how it is used to secure a loan. Understand the implications for both the policyholder and the creditor.
Discover the importance of Extra Expense Coverage Form in property insurance which covers added costs a business incurs to remain operational after a property loss.
Learn about Guaranteed Cost Premium, a fixed insurance premium not influenced by loss experience during the policy term. Ideal for Liability and Worker's Compensation Insurance.
Learn about specific insurance policies, which provide coverage for a single property. Explore scenarios where specific insurance is primary when a blanket policy is also in place.
Learn the purpose and function of a surgi-center, a facility providing surgical services on an outpatient basis. Find out how it fits within the health insurance landscape.
Explore the role of the Insurance Institute of America (IIA), known for establishing programs and examinations in fields like insurance, underwriting, adjusting, and risk management.
Explore the concept of Transfer of Risk, a key risk management method in general insurance where risk is reassigned to another party. Learn how insurance acts as a type of risk transfer.
Learn about weekly premium insurance policies in health and life insurance, where an agent visits the insured's home to collect premiums, typically for small amounts.
Learn about yacht insurance, a type of property insurance that provides coverage for pleasure boats against collision, hull damage, and liability indemnity.
Learn about the term 'Benefit' in the context of general insurance. Discover how benefit amounts are paid to beneficiaries or participants in retirement plans.
Discover the essentials of Broad Form Personal Theft Insurance, a crucial part of homeowner’s insurance that protects against theft, vandalism, and malicious mischief at private residences.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.