# 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 what loss frequency means in the context of general insurance. Discover how frequently losses occur within specific time frames and its significance in risk assessment and policy pricing.
Understand the concept of loss of market in property insurance, including the common exclusions as a standard business peril.
Learn about loss severity in general insurance, which refers to the amount of a loss in financial terms. Understand how it impacts insurance claims and overall risk management.
Learn about losses outstanding in general insurance, which refers to the claims that have not yet been settled by an insurer, as detailed in a summary statement.
Learn about the concept of Lost Policy Release, a statement signed to release an insurer from a lost or misplaced contract during policy replacement.
Learn about lost wages in general insurance, which refer to potential earnings the insured was unable to receive due to an injury or disability. Understand how this crucial term impacts insurance claims and financial planning.
Learn about malpractice insurance (liability insurance) that protects medical practitioners from claims of malpractice, covering damages and legal defense.
Understand the role and definition of a Manager in general insurance terms, including their responsibilities, salary structure, and impact on business volume within an insurance agency's branch office.
Learn about the role of a Map Clerk in property insurance, including their responsibilities in tracking insurer exposure and entering data on maps.
Explore the concept of Marital Deduction in estate planning, allowing unlimited property transfer to a spouse. Key details and implications explained.
Explore the concept of market risk in general insurance, focusing on the potential losses associated with investments and understanding that no investment is guaranteed.
Learn about mature policies in liability insurance, which refer to claims made policies that have been active for at least five years without lapses. Explore the impacts on rating credits and policy benefits.
Learn about the role of a medical examiner in health and life insurance. Discover how they conduct examinations for prospective insured individuals.
Learn about medical expense reimbursement plans and how they provide reimbursement for specified health care-related expenses for employees.
Discover what medically necessary procedures or treatments mean in health insurance, emphasizing their critical role in patient care and the consequences of neglect.
Learn about mercantile risk in property insurance, focusing on the unique risks faced by retail or wholesale businesses as opposed to manufacturing or service industries.
Learn about Merit Rating, a rating plan commonly used in personal automobile insurance where the premium amount is determined by the insured's loss record.
Learn about the Million Dollar Round Table (MDRT), an exclusive association for life insurance agents who qualify through exceptional sales and membership in the National Association of Life Underwriters.
Explore the concept of Minimum Deposit Policy in life insurance. Learn about first-year loan values, policy benefits, and why it is not commonly implemented.
Understand mobile agricultural machinery and equipment coverage form in property insurance. Learn how this coverage protects farm machinery and equipment under a commercial property form.
Learn about mobile home policy, a type of homeowners insurance specifically designed for mobile homes in permanently fixed locations.
Discover what the mortality rate in life insurance means, how it's calculated, and its significance. Learn about crude mortality rates and age-specific adjustments in the context of life insurance.
Discover what a Multiple Line Policy entails in general insurance terms. Learn about personal or commercial package policies that include various coverages.
Learn about the National Safety Council, a nonprofit organization established in 1913 to distribute safety education materials. Understand its role and significance in promoting safety education.
