# 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
Explore Water Damage Legal Liability Insurance that covers losses to neighbors' property caused by water damage. Learn about its applications and protections.
Learn about written premiums in general insurance, including how they represent the premiums paid on all policies an insurer has written during a specific time frame.
Explore the various ways life insurance policyholders can choose to receive dividends, death benefits, or nonforfeiture values. Find out which options best suit your needs.
Understand the role of an Underwriter in general insurance terms. Learn how they assess risks and establish rates and coverage amounts to protect both the insurer and insured.
Discover the process of underwriting in general insurance, where risks are evaluated for their potential insurability and assigned rates based on their assessed risk. Learn the importance and methodologies involved.
Understand the concept of underwriting profit or loss in general insurance. Learn how insurers calculate the profit gained or loss experienced from policies and premiums that exceed losses and costs.
Learn about unemployment insurance, a government-regulated product that provides financial support for individuals who have lost income due to involuntary unemployment.
Learn about the Unfair Trade Practices law in insurance, which exists at the state level to prevent unfair or deceptive practices by insurance companies.
Understand the Universal Mercantile System in property insurance, a rating procedure now being replaced by modern systems for evaluating property insurance risks.
Discover what an unqualified plan is within the realm of pensions, including its definition and key tax implications that make it distinct from qualified plans.
Discover the principle of utmost good faith in insurance contracts. Learn how this legal doctrine ensures honest disclosure of facts and mutual intent to abide by contract terms.
Understand the purpose and importance of a valuation reserve in general insurance, ensuring liabilities and assets are appropriately valued.
Discover how a Value Reporting Form in Property Insurance helps businesses manage varying inventory values throughout the year with accurate insurance adjustments.
Learn about the Valued Policy Law, which requires insurers to pay the face value of a policy upon total loss of a building. Understand its purpose and how it impacts insurance policies.
Learn about the term 'Vendee' in general insurance, which refers to the buyer of a property. Understand its significance in property transactions and insurance policies.
Explore Voluntary Compensation Insurance, a type of coverage providing benefits where traditional workers compensation may not apply. Learn how it fills coverage gaps.
Learn about the waiver of premium provision in life insurance, which ensures coverage continuation without premium payments if the insured becomes totally disabled.
Explore the significance of a warranty policy in property insurance, which guarantees the continuity of a company's warranty terms, backed by a reputable insurer.
Understand the Warsaw Convention, an agreement that establishes liability limits for companies related to bodily injury or death on international flights.
Understanding the role of a Watchperson (Criminal) in insurance, responsible for safeguarding insured premises and property.
Understand the wear and tear exclusion in property insurance and how it makes losses due to normal wear and tear ineligible for coverage.
Discover the meaning and implications of a testamentary trust, a type of trust established as per a deceased person's will, and its significance in estate planning.
Learn about viatical settlement companies, how they assist insurance companies in settling with policyholders who are terminally ill, and the importance of viatical settlements in life insurance.
Discover the importance of the Work Program clause in contract bond reinsurance, detailing its connection to the principal’s total amount of work.
