Insurance dictionary free download. Financial Dictionary 2019-05-29

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Download Free The Insurance Dictionary, The Insurance Dictionary 1.0 Download

insurance dictionary free download

Beneficiary - an individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract. Short-term Disability - a company standard defining a period of time employees are eligible for short-term disability coverage, typically for 2 years or less. International - includes all business transacted outside the U. In Genomic Disorders: The Genomic Basis of Disease, distinguished experts and pioneers in the field of genomics and genome rearrangements summarize and synthesize the tremendous amount of data now available in the postgenomic era on the structural features, architecture, and evolution of the human genome. Mutual Insurance Company - a privately held insurer owned by its policyholders, operated as a non-profit that may or may not be incorporated. Often used for winter storage. Retrocession - the portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain.

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Financial Dictionary

insurance dictionary free download

Swap - an agreement to exchange or net payments as the buyer of an Option, Cap or Floor and to make payments as the seller of a different Option, Cap or Floor. Designates must also have at least three years experience in the insurance business or related field. Premiums are made for same time period. Click on the link to download the dictionary Support by liking our Facebook page Please take the time to like our Facebook page View the large English dictionary before downloading. Combined Ratio - an indication of the profitability of an insurance company, calculated by adding the loss and expense ratios. Business interruption Covers lost income while a business is out of commission or you are unable to trade.

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Dean's Law Dictionary (free version) download for PC

insurance dictionary free download

Yes, it'll you cost you money, and not a negligible sum, but that's not necessarily means it'll be expensive - the alternative may eventually be much more expensive. Furthermore, the mortgage must have originated from a regulated and authorized financial institution. Title Insurance - coverage that guarantees the validity of a title to real and personal property. Direct Loss - Damage to covered real or personal property caused by a covered peril. Stock Insurance Company - business owned by stockholders.

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Medical Books Free

insurance dictionary free download

Dental Insurance - policies providing only dental treatment benefits such as routine dental examinations, preventive dental work, and dental procedures needed to treat tooth decay and diseases of the teeth and jaw. These are a liability to the company and not included in written premium or the unearned premium reserve. These definitions represent a common or general use of the term. Crop - coverage protecting the insured against loss or damage to crops from a variety of perils, including but not limited to fire, lightening, loss of revenue, tornado, windstorm, hail, flood, rain, or damage by insects. Exposure - risk of possible loss. Other Underwriting Expenses - allocable expenses other than loss adjustment expenses and investment expenses. Alien Company - an insurance company formed according to the laws of a foreign country.

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Insurance financial definition of insurance

insurance dictionary free download

Encumbrance - outstanding mortgages or other debt related to real estate and any unpaid accrued acquisition or construction costs. Pure Premium - that portion of the premium equal to expected losses void of insurance company expenses, premium taxes, contingencies, or profit margin. If your house is a subsidence risk it can make it harder to insure. It contains around 520 insurance and insurance related terms, abbreviations and special terms. Liability - a certain or probable future sacrifice of economic benefits arising from present obligations of a particular entity to transfer assets or to provide services to other entities in the future as a result of a past transactions s or event s. Non standard construction Any property which includes an element of construction which causes the property to require specialist cover. Alternative Workers' Compensation - other than standard workers' compensation coverage, employer's liability and excess workers' compensation e.

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www.newyorkcolor.com

insurance dictionary free download

Primary Insurance - coverage that takes precedence when more than one policy covers the same loss. Date of Issue - date when an insurance company issues a policy. Individual Annuities- Immediate Non-Variable and Variable - an annuity contract that provides an accumulation based on both 1 funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and 2 funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. It is your responsibility to ensure that the premises are reasonably safe and free from danger. The definition of insurance is protection against something going wrong. Market Value - fair value or the price that could be derived from current sale of an asset.

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Dean's Law Dictionary (free version) download for PC

insurance dictionary free download

Commercial Farm and Ranch - a commercial package policy for farming and ranching risks that includes both property and liability coverage. Community Rating - a rating system where standard rating is established and usually adjusted within specific guidelines for each group on the basis of anticipated utilization by the group's employees. This feature comes as standard on all our property insurance policies. Long Duration Contracts - contracts, excluding financial guaranty contracts, mortgage guaranty contracts and surety contracts, that fulfill both of the following conditions: 1 the contract term is greater than or equal to thirteen months and 2 the insurer can neither cancel nor increase the premium during the contract term. The monthly payments, called premiums, are made by a large group, which spreads out the risk for the company issuing the insurance.

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Insurance benefits

insurance dictionary free download

Examples include abstracters, accountants, insurance adjusters, architects, engineers, insurance agents and brokers, lawyers, real estate agents, stockbrokers. Dental Only - line of business providing dental only coverage; coverage can be on a stand-alone basis or as a rider to a medical policy. . Retrospective Rating - the process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium payment. Municipal Bond Guarantee Insurance - coverage sold to municipalities to guarantee the principle payment on bonds issued. Morbidity risk excludes the potential for an individual's death, but includes the potential for an illness or injury that results in death.

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Download Free The Insurance Dictionary, The Insurance Dictionary 1.0 Download

insurance dictionary free download

The capitated provider is generally responsible, under the conditions of the contract, for delivering or arranging for the delivery of all contracted health services required by the covered person. The coverage also includes machinery and equipment used in the course of construction and to materials incidental to construction. Health Plan - written promise of coverage given to an individual, family, or group of covered individuals, where a beneficiary is entitled to receive a defined set of health care benefits in exchange for a defined consideration, such as a premium. Pet Insurance Plans - veterinary care plan insurance policy providing care for a pet animal e. Personal Injury Liability - liability coverage for those who have been discriminated against, falsely arrested, illegally detained, libeled, maliciously prosecuted, slandered, suffered from identity theft, mental anguish or alienation of affections, or have had their right of privacy violated. This includes policies providing only nursing home care, home health care, community based care, or any combination. It is important to note it is a no-claim, not no blame bonus, meaning if your insurer pays out for a loss and the outlay is not recoverable, then the bonus will be lost.

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www.newyorkcolor.com

insurance dictionary free download

Surplus - insurance term referring to retained earnings. Such coverages would be included in other annual statement lines, if written individually. Indemnification is on a proportional or non-proportional basis. Patient discussion about insurance Q. Renters Insurance - liability coverage for contents within a renter's residence. Excesses can often be increased or decreased to affect the premium the amount you pay for your insurance. Annuitant - the beneficiary of an annuity payment, or person during whose life and annuity is payable.

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