# 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 provisions in general insurance terms, also known as stipulations, where the benefits and conditions of the policy are detailed.
Learn about Public Official Bonds (Surety), a type of surety bond guaranteeing that a public official will perform their duties and manage funds properly.
Learn about punitive damages, a form of punishment awarded against negligent, omission, or malicious acts by individuals or companies. Explore how these damages relate to general liability policies.
Learn about qualifying events in health insurance, which trigger changes in coverage such as death, birth, or job loss.
Discover what a rate card is in general insurance— a small card provided to agents and sales representatives, listing rates for various coverages.
Learn about Reciprocal Insurance Exchange, a unique arrangement where unrelated individuals, known as subscribers, come together to insure each other, sharing the risk through an attorney in fact.
Learn about 'Remainder' in reinsurance, the amount of risk remaining after a ceding company deducts its retained portion.
Learn about Resource Based Relative Value Scale (RBRVS), a method used by Medicare to determine compensation for doctors, and its implications in the health insurance industry.
Learn about secondary care in health insurance, which involves specialized medical attention typically provided upon referral from a primary care physician.
Discover the essentials of Service Plans in health insurance, where provided services are treated as benefits rather than monetary payouts.
Learn about smoke damage in property insurance, how it's distinct from fire damage, and what insurers typically cover.
Learn about the Stop Loss clause in general insurance, a crucial concept that caps the insurer's losses at a designated threshold to prevent excessive financial claims.
Explore the concept of submitted business in general insurance, where new business applications are submitted to an insurer but are not yet accepted or declined.
Comprehensive definition of 'Surplus' in the context of general insurance, referring to the assets of an insurer after deducting liabilities.
Learn about the abandonment clause in property insurance, which prevents claimants from abandoning salvageable property to claim a total loss.
Learn about the appraisal clause in property insurance, which allows either the insured or the insurer to have an appraisal determine the value of a loss.
Learn about the arbitration clause in property insurance and how it determines the resolution of claim disputes. Understand the roles of appraisers and mediators.
Explore the assignment clause in general insurance, which allows policyholders to transfer or assign their policies to another person or entity.
Learn about the Attending Physician Statement, a crucial document detailing an individual's medical information used in health and life insurance policy underwriting.
Learn about the basic time frame in life insurance, the period during which losses must occur for a life insurance policy to pay out benefits.
Learn about the 401k plan—a popular retirement savings option featuring employee contributions from pre-tax salary and potential employer matches. Find out how it helps secure your financial future.
Learn about the Business Auto Coverage Form, a policy that covers commercial automobiles against damage and liability, effectively replacing the older business automobile policy.
Explore the Commercial Lines Manual compiled by the Insurance Services Office Inc., detailing its role in determining commercial insurance rates.
Learn about the Explanation of Medicare Benefits, a statement mailed to Medicare participants detailing the payment for their claims. Find out how it informs beneficiaries about covered services and payments.
