# 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 the term 'Accident' in general insurance - an unplanned, sudden occurrence beyond the control of the insured.
Learn about 'Property Other than Money and Securities (Criminal)' in commercial crime policies, which refers to tangible property with intrinsic value, such as office furniture or supplies.
An Act of God in general insurance terms refers to a natural event outside of human control, such as an earthquake. Learn more about its definition and implications.
Learn about the additional death benefit in life insurance, an extra benefit payable to beneficiaries upon the insured's death.
Discover what an Annual Aggregate Limit is in general insurance. Learn about the yearly maximum coverage, the policy limits, and the implications on multiple claims within the year.
Learn what the average semi-private rate means in health insurance. Discover how this charge is determined for semi-private hospital rooms in your area.
Learn about the average weekly wage, how it is calculated, and its significance in determining workers compensation benefits.
Learn about the concept of bailment, a legal term referring to the temporary entrustment of property to another person. Understand its implications and applications.
Explore the concept of blanket insurance in both health and property insurance, where entire groups or multiple types of properties are covered under a single contract.
Learn about bodily injury in health insurance, which covers physical damage to a person's body. Discover what this term means and its implications for your healthcare coverage.
Learn what Bordereau is in reinsurance, how it helps ceding companies provide essential information to reinsurers, and its impact on loss history and premium history.
Explore the concept of Bottomry in Property Insurance, an insurance contract using a ship or its cargo as collateral for maritime voyage loans. Learn how it impacts loan repayments in maritime losses.
Learn about breach of contract, a common legal issue where one party fails to fulfill their contractual obligations, and its implications in law and insurance.
Learn about the term 'Casualty' in general insurance, which refers to a loss incurred due to an accident. Expand your insurance vocabulary with clear definitions.
Learn about catastrophe hazard in general insurance, the risks of large-scale losses due to events like earthquakes, and its impact on insured populations.
Learn about Charitable Gift Life Insurance, where a policy is donated to a charity allowing the donor to receive a tax deduction. Discover its benefits and usage.
A comprehensive overview of the concept of 'Class' in general insurance, which refers to a group of policyholders with similar characteristics grouped together for rating purposes.
Learn about coinsurance in both property and health insurance: how it determines claim payments in property insurance and the policyholder's cost responsibilities in health insurance.
Learn about coinsurance percentage in property insurance, a critical condition influencing coverage and potential penalties for underinsurance.
Learn about the coinsurance requirement in general insurance terms, which defines the necessary amount of insurance coverage to avoid coinsurance penalties on a loss.
Learn about Commercial Package Policy (CPP) which includes coverage options for Commercial Property, Business Crime, Business Automobile, and more for commercial organizations.
Learn about Commissioner's Values, a crucial list of securities' values published annually by the National Association of Insurance Commissioners, used for insurance company balance sheets.
Compulsory insurance refers to types of insurance coverage that are mandated by law such as automobile insurance. Learn what it means, why it's required, and common examples.
Explore the concept of concurrent causation in general insurance. Understand how losses involving multiple events can affect coverage, including scenarios where one event is covered and another is not.
