|
tobeymerrill.com
|
0 earned Badges No badges were found
Definitions (215)
1 |
0
0
business owners package
A single insurance policy which provides many types of coverages such as business auto, liability and property. BOPs are created and available for small to medium sized businesses and specifically for many specialized industries.
Meaning awaits approval from a moderator |
2 |
0
0
business interruption coverage
This form of insurance provides loss of income coverage (i.e. "disability income") for your business by replacing your operating income during the period when damage to the premises or other property prevents income from being earned. It is by means of your operating income that your business meets its expenses of payroll, light, [..]
Meaning awaits approval from a moderator |
3 |
0
0
business auto coverage
Designed to provide a standard method of insuring vehicles other than private passenger automobiles.
Meaning awaits approval from a moderator |
4 |
0
0
bobtail coverage
Covers an empty truck returning from a dropoff (known as deadheading) when the contracting client's insurance may not be in effect.
Meaning awaits approval from a moderator |
5 |
0
0
bodily injury coverage
"Bodily injury" is defined as meaning bodily harm, sickness, or disease, including required care, loss of services, and death that results.
Meaning awaits approval from a moderator |
6 |
0
0
boiler and machinery coverage
This form of insurance provides mechanical breakdown coverage generally not available under any other insurance policy. A Boiler and Machinery policy can protect an insured against the effects of catastrophic property loss, such as steam boiler explosion or an expensive breakdown of machinery and equipment. But it's not just the physical damag [..]
Meaning awaits approval from a moderator |
7 |
0
0
block policy
A block policy provides a form of inland marine insurance. It covers loss to the property of a merchant, wholesaler, or manufacturer including: Property of others in the insured's care, custody, or control Property on consignment Property sold but not delivered A block policy will cover loss caused by most perils (including transportation), su [..]
Meaning awaits approval from a moderator |
8 |
0
0
blanket insurance
Blanket insurance provides coverage under a single limit for the following: Two or more items (e.g., Building and/or Contents) Two or more locations (e.g., Location A and/or Location B) A combination of items and/or locations
Meaning awaits approval from a moderator |
9 |
0
0
beneficiary
The person or persons named to receive the benefits (payout) from a life insurance policy.
Meaning awaits approval from a moderator |
10 |
0
0
basic limits
The minimum limits of liability as required by state or local law.
Meaning awaits approval from a moderator |
To view all 215 definitions, please sign in.