Insurance Term Glossary

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Glossary Of Insurance Terms National Association Of

Glossary Content.naic.org Show details

2 hours agoGlossary of Insurance Terms. This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references.

Definitions of insurance terminology 53 People Used Show more

Glossary Of Common Insurance Terms

Glossary Aldoi.gov Show details

Just NowGlossary of Common Insurance Terms NOTICE: This document is for informational purposes only and is not intended to alter or replace the insurance policy. Additionally, this informational sheet is not intended to fully set out your rights and obligations or the rights and …

Glossary of health insurance terms 34 People Used Show more

Glossary Of Common Insurance Terms, Words & Phrases

Glossary Trustage.com Show details

5 hours agoInsurance Guide Glossary Of Common Insurance Terms. TruStage. Glossary. At TruStage, we believe insurance should be simple, straightforward and easy to understand. That’s why we created this insurance glossary with the terms you need to know, in plain English. We want to help you make smarter, more informed decisions about protecting yourself

Insurance terminology cheat sheet 56 People Used Show more

Glossary Of Insurance Terms And Definitions GEICO

Glossary Geico.com Show details

Just NowGlossary Of Insurance Terms And Definitions. Looking for a specific insurance term? Enter it below to jump to the definition. A. Accident Forgiveness. With Accident Forgiveness (not available in CA, CT, and MA) on your GEICO auto insurance policy, your insurance rate won't go up as a result of your first at-fault accident.

Dictionary of insurance terms 50 People Used Show more

Glossary Of Health Coverage And Medical Terms

Glossary Cms.gov Show details

5 hours agoGlossary of Health Coverage and Medical Terms Page 1 of 4 Glossary of Health Coverage and Medical Terms • This glossary has many commonly used terms, but isn’t a full list.These glossary terms and definitionsare intended to be educational and may be different from the terms and definitions in your plan. Some of these terms also

Life insurance glossary terms 45 People Used Show more

Insurance Terms & Definitions

Insurance Orangeinsurance.com Show details

2 hours agoInsurance coverages. When reading the definitions, please keep in mind that this glossary is provided as a guide only curated from various sources. These general definitions are provided for educational purposes. Please refer to your policy or certificate of insurance for exact definitions of terms and coverage provisions.

Insurance coverage definitions 33 People Used Show more

Glossary Of Insurance Terms Public Adjusters

Glossary Claimconcepts.com Show details

7 hours agoGlossary of Insurance Terms Insurance Policies are very complicated and can be interpreted differently, Request your Complimentary Claim Consultation with a Licensed Public Adjuster! Actual Cash Value – Cost of replacing damaged or destroyed property with comparable new property, minus depreciation and obsolescence.

Insurance glossary definitions 45 People Used Show more

Insurance Abbreviations

Insurance Abbreviations.com Show details

8 hours agoWe're doing our best to make sure our content is useful, accurate and safe. If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.

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Insurance Term Glossary Stillwater Insurance

Insurance Stillwaterinsurance.com Show details

5 hours agoPolicy Term- The length of the insurance contract. Auto and homeowners' policies typically have either 6-month or 12-month terms. As the end of the term approaches, the insurance company may offer to renew the contract for an additional term. Premium- The amount of money your insurance company charges for your insurance policy.

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Glossary Of Common Insurance Terms – Nationwide

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2 hours agoInsurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which are controlling. Such terms and availability may vary by state and exclusions may apply.

Healthy Care 49 People Used Show more

Glossary IRMI.com Insurance Information IRMI.com

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(972) 960-76939 hours agoContact IRMI. International Risk Management Institute, Inc. 12222 Merit Drive, Suite 1600 Dallas, TX 75251-2266 (972) 960-7693 (800) 827-4242

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Glossary Of Insurance Terms

Glossary Insurance.ca.gov Show details

3 hours agoGlossary of Insurance Terms This list is not meant to be all inclusive, but should help with your understanding some insurance terms used in our website. Words associated with Surety and Bonds and Title Insurance are listed separately at the end of this list.

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Glossary Of Insurance Terms Public Adjuster

Glossary Publicadjuster.com Show details

8 hours agoInsurance protecting the income derived from an insured's business activities following a covered peril. Coverage includes reasonable extra expenses the insured incurs to expedite return to normal business operations. Business Personal Property. A term relating to the "contents" of a commercial enterprise.

Healthy Activities Personal Healthcare 44 People Used Show more

Glossary Of Business Insurance Terms For Small Businesses

Glossary Insureon.com Show details

3 hours agoThis glossary provides business insurance definitions for terms you might encounter while researching policies for your business and maintaining existing coverage. By understanding the relevant terms, you can make informed decisions about protecting your business.

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Insurance Terms And Definitions Progressive

Insurance Progressive.com Show details

5 hours agoOther terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of …

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Glossary Of Basic Insurance Terms American Family Insurance

Insurance Amfam.com Show details

2 hours agoInsurance contract The document that is the agreement between your insurance company and you (the policyholder) detailing the terms and conditions of your insurance coverage. Insured The policyholder; the person (s) protected in case of a loss or claim. Insurer The insurance company that provides insurance coverage and services.

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Glossary Understand Insurance

Glossary Understandinsurance.com.au Show details

3 hours agoAn asset in insurance terms is something with monetary value that is covered by an insurance policy, such as a car or a property. Under that policy, the insurer must compensate the policyholder (in accordance with the policy’s terms and conditions) if the asset is damaged or destroyed and the policyholder makes a claim.

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Life Insurance Glossary

Life Lifeinsure.com Show details

1 hours agoInsurance in which the risk insured against is the death of a particular person (known as the insured), upon whose death within a stated term (for term insurance), or whenever death occurs (for permanent insurance), the insurance company agrees to pay a stated sum or income to the beneficiary.

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Insurance Glossary Insurance Terms Defined In Simple

Insurance Gninsurance.com Show details

7 hours agoGlossary of Insurance Terms That Are Good To Know Here is an insurance glossary or list of travel insurance terms that you need to know when searching for a policy. As a useful guide to insurance vocabulary, it will help you understand your coverage or benefits plan page.

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AZ General Insurance Glossary: Words, Meaning & Terms

General Royalsundaram.in Show details

7 hours agoGlossary on General Insurance Terms A to Z A Policy coverage payment reimbursement of the following expenses - visit to the doctor, medical surgeries, medicines and so on.

Mens Health 57 People Used Show more

Insurance Definitions Dictionary Glossary Terms

Insurance Insurancejobs.com Show details

8 hours agoInsurance Definitions, Dictionary, Glossary and Terms. A-SHARE VARIABLE ANNUITY A form of variable annuity contract where the contract holder pays sales charges up front rather than eventually having to pay a surrender charge. ACCELERATED DEATH BENEFITS A life insurance policy option that provides policy proceeds to insured individuals over

Life Healthcare 48 People Used Show more

Glossary Of Insurance Terms & Definitions AAA

Glossary Ace.aaa.com Show details

6 hours agoCurrently no insurance glossary terms + Y. Currently no insurance glossary terms + X. Currently no insurance glossary terms + Z. Currently no insurance glossary terms + The above information is a helpful summary only and may vary by state or product and is not a comprehensive definition of all coverages, qualifications, limitations, etc. Please

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Auto Insurance Term Glossary From Insurance.com

Auto Insurance.com Show details

4 hours agoInsurance company that actually underwrites and issues the insurance policy. The term refers to the fact that the company carries (or assumes) certain risks for the policyholder. Casualty. Liability or loss resulting from an accident. Claim. Request by an insured for the insurance company to …

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Term Life Insurance Glossary Sproutt Insurance

Insurance Sproutt.com Show details

3 hours agoGlossary. Term. What is a Term? In life insurance, a term is the length of time during which a policy stays in effect. For most term life insurance policies, the term lasts between 10 and 30 years. After the term is up, the policy’s premium will rise dramatically, until the policy eventually expires, usually between the ages of 60-90.

Life Healthcare 48 People Used Show more

Insurance Insurance Glossary Definition IRMI.com

Insurance Irmi.com Show details

7 hours agoInsurance — a contractual relationship that exists when one party (the insurer) for a consideration (the premium) agrees to reimburse another party (the insured) for loss to a specified subject (the risk) caused by designated contingencies (hazards or perils). The term "assurance," commonly used in England, is considered synonymous with

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Insurance Terminology North American Training Group, Inc

Insurance Fraudeducation.com Show details

5 hours agoDictionary of Insurance Terms -A- • Absolute Liability: Liability for damages even though fault or negligence cannot be proven. • Accident: An event or occurrence which is unforeseen and unintended. • Act of God: A flood, earthquake or other non preventable accident resulting from natural causes that occur without any human intervention. • Activities of Daily Living: A list of

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Glossary Of Billing And Insurance Terms Mayo Clinic

Glossary Mayoclinic.org Show details

5 hours agoGlossary of billing and insurance terms. This is a number assigned to identify each episode of care. This number is used to track services and payments. This is the person designated to receive the monthly billing statements. This person can coordinate the billing, payment, and …

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Glossary Of Insurance Terms

Glossary Cna.com Show details

8 hours agoGlossary of Insurance Terms Actuary A professional trained in the mathematics of insurance and risk management, including the calculations of premiums, policy reserves and other values. Agent The insurance company representative who sells policies on behalf of the insurer. An independent agent represents more than one company; a captive agent represents only one company.

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Insurance Terms Glossary, Property & Casualty Lighthouse

Insurance Lighthouse.insurance Show details

2 hours agoBinder - An oral or written agreement to provide temporary insurance coverage until a form written policy is issued. Bodily Injury - As defined in many liability policies, any physical injury to a person, including sickness, disease, and death. Broad Form Coverage - Coverage for causes of loss due to falling objects (trees or other objects that may fall onto a structure), sudden and accidental

Dental Healthcare Mens Health 61 People Used Show more

GLOSSARY OF REINSURANCE TERMINOLOGY

GLOSSARY Rms-actuary.com Show details

1 hours agoGLOSSARY OF REINSURANCE TERMINOLOGY Term Definition Accident Year Experience Reinsurance experience calculated by matching the total value of all losses occurring during a 12-month period with premiums earned for the same period. Acquisition Costs All expenses directly related to acquiring insurance or reinsurance

Experience Health 35 People Used Show more

Landlord Insurance Glossary With Terms Steadily

Landlord Steadily.com Show details

4 hours agoThe purpose of this glossary is for educational purposes only. We have compiled a list of common insurance terms and provided definitions. Insurance terms can be complicated and overwhelming since there are quite many.

Cats Health Education Health 48 People Used Show more

Health Insurance Terms Or Glossary Niva Bupa

Health Nivabupa.com Show details

8 hours agoHealth insurance terms. - Accident or Accidental means an unexpected, unconditioned and uncontrolled event caused by an external and visible means. - Congenital Anomaly can be defined as either: - An external condition (s) in which a structural or positional abnormality in the accessible or visible parts of the body is present since birth. OR.

Dental Healthcare Healthy Body 45 People Used Show more

Glossary Of Insurance Terms FCSLA Life

Glossary Fcsla.com Show details

9 hours agoGlossary. Following is a dictionary of words and phrases specific to the field of life insurance. These will be useful as a handy guide. Since the explanations are concise and the statements general, they are not, of course, to be regarded or used as technically complete statements or legal definitions. Term InsuranceInsurance

Life Healthcare Mens Health 39 People Used Show more

Home Insurance Glossary Home Insurance

Home Homeinsurance.com Show details

5 hours agoWe’ll admit it. Some insurance terms can be tough to understand. Whether you’re looking for a specific term or simply trying to brush up on your home insurance knowledge, we can help. Check out our glossary for home insurance definitions from our experts. As an informed customer, you can better understand your home insurance protection […]

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Glossary And Acronyms Lloyd's

Glossary Lloyds.com Show details

9 hours agoGlossary of insurance related terms used by Lloyd's and market participants. The following definitions are intended for general guidance. They do not override or qualify any definition that appears in any Lloyd’s byelaw or regulation, in any contract or in any other document.

Mens Health 30 People Used Show more

Insurance Glossary (M) WADE INSURANCE AGENCY

Insurance Wadeinsurance.net Show details

1 hours agoNOTICE: These glossary definitions provide a brief description of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply.

Healthy Care 45 People Used Show more

Insurance 101: Basic Insurance Terminology Gerber Life

Insurance Gerberlife.com Show details

800-704-21808 hours agoFor example, Gerber Life customer service representatives can help you to understand basic insurance terminology, decide how much life insurance you need and can afford, find out how to choose the best kind of policy for you, and assist you in other ways. Get a free online adult life insurance quote or call us at 1-800-704-2180 to get started.

Life Healthcare 56 People Used Show more

Glossary Of Terms ASPE

Glossary Aspe.hhs.gov Show details

5 hours agoThis glossary is available to give you general information about words and terms associated with aging, disability or long-term care. Many sources have been used to compile this list, and there may be more than one "definition" for a word/term. To find a term, select the first letter of the word/term you are seeking. A list of acronyms is also available (links are available throughout this page).

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Life Insurance Terminology & Definitions Policygenius

Life Policygenius.com Show details

1 hours agoA level term life policy that lasts for one year. Also called yearly renewable term, it guarantees coverage for one year, and can be renewed annually at a higher premium or converted to a permanent life insurance policy. Usually, this is purchased as a supplement to existing insurance for temporary needs.

Life Healthcare Mens Health 58 People Used Show more

Definitions For Homeowners Insurance Terms

For Rmiia.org Show details

2 hours agoHomeowners Insurance Glossary of Terms. Actual Cash Value. The cost of repairing or replacing damaged property with property of the same kind and quality, less depreciation (i.e., in the same physical condition as the original property prior to damage).

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Insurance Glossary (T) Bond Wise Services LLC

Insurance Surrogatecourtbonds.com Show details

7 hours agoInsurance Glossary Insurance terms and definitions from Bond Wise Services LLC . Coverages and benefits listed below may not be available in your state. If available, some optional coverages and benefits might be offered at an additional charge. Contact Bond Wise Services LLC today to learn more.

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Glossary Of Insurance Terminology Local Government

Glossary Lgit.org Show details

8 hours agoInsurance Terms Glossary The LGIT Glossary of Insurance Terminology is a reference guide to give the user quick and easy definition of common insurance terms. These definitions are not intended to and do not supersede any definitions used in the LGIT Scope of Coverage and are intended to be used as a reference only.

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Glossary Insurance Bureau Of Canada

Glossary Assets.ibc.ca Show details

3 hours agoGlossary . Most of the definitions below are provided courtesy of the Insurance Institute of Canada. Definitions provided by Insurance Bureau of Canada are indicated with an asterisk ("*"). The language of insurance can be quite complex and confusing. Below are some commonly used insurance terms and their meanings.

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Frequently Asked Questions

What is the definition of terms of insurance?

Definition of term insurance : insurance for a specified period that provides for no payment to the insured except on losses during the period and that becomes void upon its expiration : a type of insurance that is provided for a specified period of time : insurance in effect for a set term specifically : term life insurance at life insurance

What is the abbreviation for insurance?

The plural abbreviation of insurance is ins’s. This abbreviation is usually found in business shipping/receiving departments, on freight bills, used in the insurance, mortgage, and banking industries.

What is a healthcare terminology?

Medical Terminology. Medical terminology is the language of healthcare. A solid understanding of this language is important for health care professionals and patients alike. Healthcare providers use medical terminology to describe body parts, diseases, procedures, equipment, and more.

What is an insurance Dictionary?

insurance - Legal Definition. An agreement by an insurer to provide compensation or another benefit upon the occurrence of a specified risk causing harm to property or the person of an insured. Insurance for loss or injury to person or property.

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