Natural Hazard Insurance Definition
Although natural disaster insurance isn't an actual policy that you can purchase, your homeowners insurance already protects your property from wind and rainstorms, accumulating snow, and fire. …
General Liability Business Insurance Definition
General liability insurance is a type of business insurance that helps cover claims that your company caused: It basically covers the legal costs in…
Liability Insurance Coverage Definition
Having an insurance company stand behind you in a legal situation providing legal services and advice is a pretty strong asset. The coverage focuses…
Life Insurance Trust Definition
Business irrevocable life insurance trust listed as bilit. This is a related segregated fund of a life insurer for life insurance policies and is considered to be an inter vivos trust. Pin on Pers…
Collision Insurance Definition In Business
Or if your vehicle is stolen or totaled, they pay the value of the vehicle. Neither comprehensive nor collision insurance covers damage to someone e…
Life Insurance Annuity Definition
An annuity that makes regular (e.g.monthly, quarterly, etc.) income payments for the life of a person (the annuitant). However, unlike investments in stocks or bonds, annuities provide the. WSJ My…
Gap Health Insurance Definition
While that doesn’t sound very useful at all, cobra health insurance can be a great tool if you’ll have a health insurance gap. What is gap health insurance? Turn the insights into action by discov…
Evidence Of Insurability Definition
Definition of evidence of insurability. Evidence of insurability is something that may be required when people apply for certain forms of medical and more commonly life insurance. Customer Experie…
Comprehensive Auto Insurance Coverage Definition
Others add that it can help cover repairs or a total loss. Comprehensive auto insurance explained, comprehensive deductible definition, progressive …
Insurance Policy Definition Of Flood
Insurance would view a flood claim as a body of water overflowing so the level of water outside your home rises to a point where it enters your home…
Insurance Premium Definition Accounting
It generally means that it is charging a premium that is lower than what is expected and there is a risk that it may not have enough cash coming in …
Cash Value Life Insurance Definition
The cash value of whole life insurance, by definition (it’s actually called the cash surrender value), is the contractual dollar amount the insuranc…
Home Insurance Deductible Definition
Like an auto, health, or home insurance deductible, a hurricane deductible is the amount of money you pay out of pocket before your insurance benefi…
Indemnity Insurance Definition Law
The indemnity insurance definition is where one party promises compensation for potential or actual losses or damages that another party causes in a contractual agreement. The right to indemnity and…
Supplemental Life Insurance Definition
It is a formal and legally binding contract. Among those, 20 percent say they don't believe they have enough coverage. Issuu is a digital publ…
