# 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 employee dishonesty, a term for any false act by an employee that results in a loss to the employer. Get insights into coverage and prevention.
Discover what an Extended Reporting Period (ERP) is in liability insurance, and learn how it allows you to make claims even after your "claims made" coverage has expired.
Learn about the role of a family dependent in health insurance, including coverage for spouses and single dependent children residing with the insured policyholder.
Discover how hospital alliances work in health insurance, enabling multiple hospitals to share services and reduce costs, helping them stay competitive in the healthcare market.
Learn about the impairment of capital in general insurance, including definitions, implications, and regional regulations impacting insurers.
Explore the concept of indemnity in general insurance, where payments or replacements are issued to individuals who have suffered a loss.
Explore the definition of limited health insurance, a type of health insurance policy that specifically covers certain illnesses or injuries as outlined in the contract. Learn about its features and coverage limits.
Explore the concept of malpractice, focusing on improper conduct by professionals and their legal liabilities in the context of liability insurance.
Explore the concept of mandatory retirement as mandated by pension plans. Learn what it means, its implications, and how it affects retirement planning.
Learn about manual excess in liability insurance, an additional premium calculated beyond the liability limit. This involves multiplying the manual rate by specific rate factors to determine the extra cost.
Explore the definition of Occupational Accident in general insurance terms—an accident caused by a person's employment or that occurs while performing job duties.
Learn about Permanent Life Insurance, a broad category encompassing various life insurance options beyond group or term policies.
Learn about policy loans in life insurance, where the loan amount is based on the policy's cash value and the policy itself serves as collateral.
Explore the concept of reinsurance premium, an amount paid to a reinsurer by the ceding insurer for the reinsurance provided. Learn how it impacts the insurance sector.
Learn about revocable trusts, a type of trust that allows the grantor to retain control and the ability to revoke or modify the trust. Discover the essentials of estate planning and legal terminologies.
Explore the concept of self-funded insurance plans, where employers directly pay eligible claims. Discover the advantages and considerations of this approach to manage steady and predictable healthcare and life insurance costs.
Explore what skilled nursing care entails in health insurance. Learn about daily care requirements, certified professional involvement, medication, and treatment of existing conditions.
Learn about Sprinkler Leakage Legal Liability Insurance, which provides coverage for liability arising from sprinkler leaks that cause damage to neighboring or underlying properties.
Gain insight into testamentary capacity and its importance in validating a will. Learn the legally mandated requirements needed for a testator to ensure their will is legally binding.
Learn about the Agreed Amount Clause in Property Insurance, a clause that ensures the amount of insurance automatically meets the coinsurance requirement.
Learn about the attestation clause, a crucial section requiring insurance company officers to sign a contract for its completion.
Learn about the Common Disaster Clause in life insurance policies, which outlines the procedure for payout if both the insured and the beneficiary pass away simultaneously.
Learn about the discovery period in surety bonds, the grace period during which insured parties can report losses following bond cancellation. Understand how this one-year term protects against unforeseen financial setbacks.
Learn about the Iron Safe Clause in property insurance, which requires the insured to maintain records in a secure, fireproof safe for documentation and verification purposes.
