Municipal Liability liability coverage for the acts of a municipality. What is Municipal Liability , What does mean Municipal Liability , Insurance Guide, Insurance Glossary
Deductible Portion of the insured loss (in dollars) paid by the policy holder What is Deductible , What does mean Deductible , Insurance Guide, Insurance Glos... more
Credit individual or group policies that provide benefits to a debtor for full or partial repayment of debt associated with a specific loan or other credit tran... more
Medicare Advantage Plan an HMO, PPO, or Private Fee For Service Plan that contracts with Medicare Advantage Prescription Drug Plan also includes drug benefits.... more
Mortality Table chart that shows the death rates of a particular population at each age displayed as the number of deaths per thousand. What is Mortality Tabl... more
Loss Reserves an estimate of liability or provision in an insurer's financial statement, indicating the amount the insurer expects to pay for losses incurred bu... more
Employee Benefit Liability liability protection for an employer for claims arising from provisions in an employee benefit insurance plan provided for the econom... more
Situs of Contract the jurisdiction in which the contract is issued or delivered as stated in the contract. What is Situs of Contract , What does mean Situs of... more
Capital Gains (Loss) excess (deficiency) of the sales price of an asset over its book value. Calculated on the basis of original cost adjusted, as appropriate,... more
Inland Marine coverage for property that may be in transit, held by a bailee, at a fixed location, a movable good that is often at different locations (e.g., of... more
Joint Underwriting Association (JUA) a loss sharing mechanism combining several insurance companies to provide extra capacity due to type or size of exposure.... more
Liability a certain or probable future sacrifice of economic benefits arising from present obligations of a particular entity to transfer assets or to provide s... more
Mobile Homes Homeowners homeowners insurance sold to owners occupying the described mobile home. What is Mobile Homes , What does mean Mobile Homes , Insurance... more
Alternative Workers' Compensation other than standard workers' compensation coverage, employer's liability and excess workers' compensation (e.g., large deducti... more
Admitted Company an insurance company licensed to do business in a state(s), domiciled in an alternative state or country. What is Admitted Company , What doe... more
Guaranty Fund funding mechanism employed by states to provide funds to cover policyholder obligations of insolvent reporting entities. What is Guaranty Fund ,... more
Morbidity the frequency or severity of disease or illness within a subset of the population. What is Morbidity , What does mean Morbidity , Insurance Guide, I... more
Credit Disability makes monthly loan/credit transaction payments to the creditor upon the disablement of an insured debtor. What is Credit Disability , What d... more
Medicare Supplement Insurance coverage sold on an individual or group basis to help fill the "gaps" in the protections granted by the federal Medicare program.... more
Business owners Policy business insurance typically for property, liability and business interruption coverage. What is Business owners Policy , What does mea... more
