Glossary of Business Insurance Terms

Glossary of Business Insurance Terms | The Hartford

To help understand what business insurance is and to better know what you're reading, we've created this glossary of key business insurance terms and ...

Glossary of Insurance Terms - NAIC

Glossary of Insurance Terms · Balance Sheet · BCEGS - Building Code Effectiveness Grading Schedule · Beneficiary · Benefits (Medical & Hospital Expenses) · Blanket ...

Glossary of Insurance Terms - California Department of Insurance

The purpose of liability insurance is to cover bodily injury to a third party resulting from the negligent or unintentional acts of an insured. Boiler and ...

Glossary of Commercial Insurance Terms

Glossary of Commercial Insurance. Terms. Commercial insurance is divided into two main categories: property insurance and casualty insurance. Property.

Glossary of Business Insurance Terms for Small Businesses | Insureon

This glossary explains terms you might encounter researching insurance for your business. Get the right small business insurance at the best price with ...

Small Business Insurance Glossary | Travelers Insurance

Commercial auto: Insurance that covers driving a vehicle for your business. Your personal auto insurance policy may not cover losses from business use. A ...

Business insurance terms and definitions - Grinnell Mutual

A businessowners policy (BOP) combines property, liability, and business interruption coverages into one convenient policy.

Business Insurance Glossary: Key Terms and Definitions | NEXT

Insurance jargon can be confusing. NEXT makes it easier for you to understand the meaning of common business insurance terms you may come across.

Glossary of Common Insurance Terms - Nationwide

Claim. Request by a policyholder or third party from an insurance company for compensation of losses covered by insurance. Claimant. A person requesting ...

Glossary - Hiscox

From deductibles to riders to indemnity, insurance terminology can seem confusing. We've put together some common terms and their definitions to help.

Business Insurance Terms | HUB International

Business Insurance Terms · Commercial Business Insurance · Commercial Property Insurance · Commercial Umbrella Insurance · Contingent Liability · Crop Insurance ...

Glossary of Insurance Terminology

Binder - A temporary insurance contract issued either by an agent or a company, pending execution of the policy contract or endorsement. Unless specified, the ...

Small Business Insurance Glossary: Terms You NEED to Know

Here's a glossary of the most common types of insurance terms and definitions you'll need to know when considering your options—all in plain English.

Glossary of Commercial Insurance Terms and Definitions

The team here at Berry Insurance have compiled our own handy glossary of definitions for common commercial insurance terms and coverages.

Glossary of Insurance Terms - TN.gov

Cancellation - Termination of an insurance policy by the company or insured before the renewal date. Capitation - A system where an HMO pays a doctor or ...

Insurance Glossary - U.S. News & World Report

Paid-Up Additional Insurance. Extra whole life insurance coverage that's purchased in full by using any earned dividends or with a paid-up additions (PUA) rider ...

Glossary Of Insurance Terms And Definitions - GEICO

Limits of Liability. The amount specified in your policy up to which the insurance company will protect you. Loss. Any measurable dollar cost of damage and/ ...

Glossary - IRMI

The standard pollution exclusion in post-1986 Insurance Services Office, Inc. (ISO), commercial general liability (CGL) policies is called the absolute ...

Glossary of Insurance Terms | HUB International

Understanding insurance terminology doesn't have to be difficult. To help guide you through the language of the insurance industry, we created an insurance ...

Glossary of Insurance Terms | PFR Insurance - Maine.gov

Insured The policyholder - the person(s) protected in case of a loss or claim. Insured Plan or Fully-Insured Plan A plan in which an insurance company or HMO is ...