# 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
Understand the Pro Rata Liability Clause in general insurance. Learn how this clause ensures that losses are paid proportionally based on the coverage provided.
Understand the concept of Probable Maximum Loss (PML) in property insurance, the largest loss that can be expected if all mitigating measures, like smoke detectors, work as intended.
Learn about Professional Corporation, a unit that offers professional services such as healthcare, within the context of general insurance terms.
Learn about Professional Liability Insurance, also known as malpractice insurance or errors and omissions insurance, and why it's crucial for professionals across various industries.
Learn about Profit and Commissions Insurance, a type of property insurance tailored for individuals whose income is reliant on commissions or profits tied to particular properties. This insurance safeguards against loss of income due to property damage.
Discover how a Profit Sharing Plan allows employees to share in company profits. Learn how these plans work, their potential tax benefits, and distribution options.
Learn what promulgate means in the context of general insurance. From the development to the publishing and enforcement of insurance rates, and its relevance to publicizing legal orders.
Explore the concept of prospective reimbursement in health insurance where providers receive annual payments based on previously established rates. Learn how this system impacts healthcare providers and patients.
Learn about prototype plans in pensions, a retirement plan available for free to employers due to organizational sponsorship.
Learn about provisional rates in general insurance—temporary rates that can be adjusted at a later time. Understand how provisional rates work and their importance in insurance policies.
Explore Public Liability Insurance, covering bodily injury and property damage liabilities. Essential for protecting your business from legal actions brought by the public.
Learn about Qualified Medicare Beneficiary (QMB), who qualifies for Medicare benefits due to income being under the federal poverty guidelines.
Learn about Quality Assurance in health insurance, the essential process of reviewing and enhancing the quality of health services and coverage. Discover its importance and methodologies.
Understanding the concept of Quid pro quo in insurance, where items of value are traded to form a valid contract.
Explore the concept of Quota Share Re-Insurance, a type of pro-rata reinsurance where the ceding insurer is indemnified for risks listed in the contract based on a fixed percentage of loss and premium.
Learn about Radioactive Contamination Insurance, a specialized property insurance covering risks of radioactive contamination. Understand its qualifications and exclusions.
Understanding recipient location under business income coverage in property insurance - a crucial aspect for safeguarding places where your business operations are accepted.
Learn how reduced paid-up insurance in life insurance works, allowing the policyholder to use cash value to purchase the highest amount of paid-up insurance possible, offering sustained coverage.
Reduction in insurance refers to the lessening of benefits paid out under a policy due to certain conditions. Learn more about this important general insurance term.
Learn about refund annuities, a type of annuity that ensures a refund to the named beneficiary if the annuitant dies before receiving benefits equal to the total paid premium.
Learn about the role and essential responsibilities of a registered representative in the securities industry, along with the legal requirements to become one.
Learn about the Rehabilitation of Insurers, a regulatory process aimed at restoring financially troubled insurers to solvency. Explore the steps involved and its significance in the insurance industry.
Learn about reinsurance, a crucial insurance mechanism that helps ceding companies transfer risks to reinsurers, ensuring financial stability and reducing large losses.
Learn about the term 'Remand' used in appellate courts, which refers to returning a case to its original court for further action. Discover its significance and implications.
