Learn about incidents of ownership in liability insurance, including policy owner rights such as choosing a new beneficiary. Ensure you fully understand your policy's terms.
Learn about the Facility of Payment Clause in industrial life insurance, allowing insurers to pay policy proceeds to a relative or entitled person to minimize legal costs.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.