Insurance Policy Jargon

Insurance Jargon Explained - The Clear Group
Insurance Jargon Explained An insurance policy feature which protects against a possible shortfall in a claim payment due to inflation increasing the Reinstatement Value between inception (or renewal) and ... Return Document

GLOSSARY OF ACTUARIAL AND RATEMAKING TERMINOLOGY
GLOSSARY OF ACTUARIAL AND RATEMAKING TERMINOLOGY Term Definition Accident An event or occurrence which is unintended, unforeseen and unexpected; maximum amount of coverage under an insurance policy or funding arrangement; ... Read Here

CHAPTER 1: BASICS OF INSURANCE - Mike Russ Training
CHAPTER 1: BASICS OF INSURANCE The study of insurance is full of jargon that is unique to the industry. It is important to know As we’ve said, an insurance policy is a legally binding contract between two parties. One party ... View Document

Insurance jargon Explained - Unum
Insurance ‘jargon’ Assurance This is another word for insurance. This is most commonly used with life assurance, where . This is a type of life insurance policy, so it pays out a lump sum if you die during the time . your insurance policy runs for ... View Full Source

NAIC COMMONLY USED ACRONYMS / ABBREVIATIONS
CGPA Council of Governors’ Policy Advisors CHA California Health Advocates CHAMPUS Civilian Health and Medical Program for Uniformed Services (now CIPR The Center for Insurance Policy and Research CIR Center for Insurance Research ... Read Full Source

Understanding “Claims-Made” Insurance Assume for a moment that a Summons and Complaint and begin reading through the numerous allegations. As you plow through the legal jargon, you find you are being sued for alleged negligence and occurrence policy forms as part of your risk ... Retrieve Document

Insurance terms - A motor trade ‘jargon buster’ We know that some of the terminology contained in your insurance policy can sometimes seem confusing. ... Access Document

Auto insurance jargon Buster - Iii.org
The cost of your insurance policy, payable annually, semiannually or in monthly installments. Property damage liability Insurance coverage that reimburses others for damage that you or another driver operating your car Auto insurance jargon buster ... View Full Source

LMI Group Pty Ltd - YouTube
The LMI Group have been in the insurance game for 17 years and we think it's high time we started to demystify all of this insurance jargon! NEW EPISODES EVE ... View Video

Wildfire Q&A: 12 Consumer Questions Answered
Definitely contact your lender now -- and, ideally, before your next payment is due. If you stop making payments without talking to your lender, you risk late fees, a stain on your credit, and ... Read News

Insurance JargonWhat Does It All Mean?
Insurance JargonWhat does it all mean? At the end of every year, missing a tooth before you purchase the insurance policy, a missing tooth clause will state that the insurance company will not pay for replacement of that tooth. ... Retrieve Doc

Insurance Jargon Made Simple
Insurance Jargon Made Simple This is all very basic stuff and by no means covers all policy terms. However, it should help you understand the industry lingo. ... Access Doc

Fine Print - Wikipedia
Fine print, small print, or This controversial practice is often seen in the banking and insurance industries. For example, life insurance will not normally cover suicides within a specified time after the policy is bought, and homeowners' insurance will not normally cover arson. ... Read Article

ER Web Site D&O Glossary For PDF1 - Willis Group
Hammer clause Allocation means determining which portion of a loss arising from a claim will be allocated to the insurance policy (or payable by the insurer) and which portion will not. Allocation issues most often arise when both an entity and its insured ... Fetch Here

Los Angeles Police Department Resources - Wikipedia
Los Angeles Police Department resources This article needs additional pursuant to department policy. Like most police agencies throughout " dispatch/tactical frequencies was made in the early 1980s. Prior to that time, portable 2-way radios (known in LAPD jargon then as "CC ... Read Article

Common Pharmacy Terms, Definitions And Acronyms
Common Pharmacy Terms, Definitions and Acronyms Brand-name Drug: a drug sold by a drug company under a specific Co-pay: a fixed cost defined in the insurance policy that is paid by the insured person each time a medical service is rendered. ... Read Here

LIFE COVER POLICY BOOK - Life Insurance | Funeral Cover
5 Life insurance jargon explained The phrases defined below are standard terms used in the life insurance industry. They appear in your policy book, policy schedule and other documents your product supplier may send you in the future. ... Retrieve Full Source

The Essentials | 1 The Essentials—Busting insurance jargon The insurance world uses some technical terms with a known meaning for insurers and their investors. ... Fetch Here

Tips, Tools And Tales About Property & Casualty Insurance ...
Buying insurance should be easy, Tips, Tools and Tales about Property & Casualty Insurance (Full Length) Mosaic Financial Partners, Inc. Loading We decode the jargon you run into when buying a policy. ... View Video

A PATIENT’S GUIDE TO Navigating The Insurance Appeals Process
Navigate the appeals process when faced with a denial of coverage or reimbursement for services outlined in your insurance plan. which are described in your insurance policy handbook. A health insurance policy is a contract between you, the policy holder, and the insurance company. ... Retrieve Content

Glossary Of Health Insurance Terms
Under the terms of the policy. Community rating — A way of pricing insurance, where every policyholder pays the same premium, regardless of health status, age or other factors. Co-Op Plan Glossary of Health Insurance Terms ... Read Document

Ahead of the government's planned shake-up of private health insurance, Australians have been warned of the potential pitfalls involved in joining a fund. ... Read News