Life insurance terms and definitions can be confusing. Did you know permanent life insurance provides savings opportunities? Click here to sharpen your life insurance vocabulary.
Insurance Claims TerminologyThe following definitions are useful in understanding Siebel Claims: Appraisal. A survey to determine a property's insurable value, or the amount of a loss. Arbitration. The procedure in which an insurance company and the insured or a vendor agree to settle a claims ...
I found this information to be very informative and valuable. John July 9, 2018 Thanks for this definitions of terms. I’m just out of college so I need to get my own insurance. I’ll have to look out for the “deductible”; like you said it’s how much I’m responsible for bef...
Policy terms and definitions:You may see a separate section in your life insurance contract that breaks down terms and definitions, including death benefit, premium, beneficiary, and insurance age. Your insurance age may be your actual age or the nearest age assigned to you by the life insurance...
This pocket-sized dictionary contains about 4,200 definitions of key terms used in life, health, property, casualty, and other types of insurance. It is intended to serve as a reference source for individuals making personal and business insurance decisions, as well as for practitioners who ...
The list covered simple definitions for a network, premium, deductible, copayment, coinsurance, and out-of-pocket maximum. The payer citeddata from the Centers for Disease Control and Prevention (CDC)which found that better healthcare literacy could produce savings of nearly $25...
You can start at thisdrone insurance dictionaryand learn more about the different terms and definitions. Seek expert assistance Getting professional advice or technical support is also necessary. If you have any particular questions about drone insurance, contacting an insurance expert for a brief talk...
(1) An insurance company which “carries” the insurance. (The terms “insurance company” or “insurer” are preferred because of the possible confusion of “carrier” with transportation terminology). (2) In transportation, the trucker, air carrier, ocean steamship company or other entity which...
Those definitions typically exclude coverage for compensation or benefits paid to directors, officers or employees of the insured company and other overhead expenses of the insured company.Defensible space - A buffer space around a building between the building itself and trees, shrubs, grass, or ...
“discovery” but are not seeing the results you think you should be, terminology may be the culprit. Armed with a better understanding of what to expect from each process, you can now re-evaluate current technology capabilities and explore whether it’s time to reset, repla...