|
calstate.edu
|
0 earned Badges No badges were found
Definitions (1571)
1 |
0
0
insurance dictionary what means what when it comes to life
All rights reserved. No part of this book may be reproduced, stored in a retrieval system or transcribed in any form or by any means (electronic, mechanical, photocopy, recording or otherwise) without [..]
Meaning awaits approval from a moderator |
3 |
0
0
and sickness insurance
Once commonly used as generic designations for the entire field now called health insurance. See Health Insurance.
Meaning awaits approval from a moderator |
4 |
0
0
aais
See American Association of Insurance Services.
Meaning awaits approval from a moderator |
5 |
0
0
abandonment
Relinquishing ownership of lost or damaged property by the insured to the insurance company so that a total loss may be claimed. This is prohibited in most types of property insurance.
Meaning awaits approval from a moderator |
6 |
0
0
absolute assignment
Assignment by a policyowner of all control of and rights in the policy to a third party.
Meaning awaits approval from a moderator |
7 |
0
0
absolute liability
A liability that arises from extremely dangerous operations, such as the use of explosives (e.g., a contractor would almost certainly be liable for damages caused by vibrations of the earth following [..]
Meaning awaits approval from a moderator |
8 |
0
0
accelerated endowment
A dividend option allowing dividend accumulations to be applied to convert a life insurance policy into an endowment, or to shorten the endowment term.
Meaning awaits approval from a moderator |
9 |
0
0
acceptance
Insurance acceptance occurs when an applicant for insurance receives the policy from the company and, in the case of general insurance, pays the premium. In life insurance, since the initial premium i [..]
Meaning awaits approval from a moderator |
10 |
0
0
access
The availability of medical care to a patient. This can be determined by location, transportation, type of medical services in the area, etc.
Meaning awaits approval from a moderator |
To view all 1571 definitions, please sign in.