Liability Insurance Dictionary

Tort Reform -- Definition Of Tort Reform - US Conservative ...
Tort Law defines what constitutes a legal injury and establishes liability (it is the civil court's answer to criminal law). Tort reform, then, is the political term for the controversial issue of reducing tort litigation, awards, damages and/or compensation. ... Read Article

Glossary Of Insurance Terms - Carter Newell
Liability Insurance - An insurance which covers the insured against third party claims or, in the case of employer’s liability insurance ,claims by employees, subject to specified terms and conditions. Life Assured - The person whose life is ... Fetch This Document

Commission On Property On Liability Insurance Terminology ...
LIABILITY INSURANCE TERMINOLOGY Confusion Thrice Confounded Under the leadership of the American Risk and Insurance Association, whose membership The Dictionary of Insurance Terms issued by the U.S. Chamber of Commerce, con- tains the following definition of "multiple ... Get Content Here

Insurance Bond - Wikipedia, The Free Encyclopedia
An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment. Due to tax laws they are a common form of investment in the UK and some offshore centres. Traditionally insurance bonds were with-profits policies and were often called with-profit(s ... Read Article

OED Insurance Requirements - Denver
Create a Portfol insurance data dictionary Establish framework for queries TBD Y Create instructions for Portfol insurance setup liability, glossary for loans and insurance, creation of a data dictionary, an upfront process to have insurance reviewed by Risk ... Fetch Doc

Glossary Of Commercial Insurance Terms - Metropolitan ...
Glossary of Commercial Insurance Terms Commercial insurance is divided into two main categories: property insurance and casualty insurance. Property ... Retrieve Content

ENGLISH - GERMAN INSURANCE TERMS DICTIONARY
INSURANCE TERMS DICTIONARY ENGLISH GERMAN Abnormal risk Anomales risiko Acceptance of lump-sum settlement Abfindungserklõrung Personal liability insurance Privathaftpflichtversicherung Policyholder Versicherungsnehmer Policy holder Policeninhaber ... Retrieve Full Source

Reservation Of Rights - Wikipedia, The Free Encyclopedia
If the insurance company later decides to deny coverage, it cites the original Reservation of Rights as the warning that it might do so. An insurer’s reservation of rights is an important legal step, particularly in the context of liability insurance. ... Read Article

Glossary Of General Insurance Terms - BPO, Debt Collection ...
Liability insurance companies owned by their policyholders. Membership is limited to people in the same business or activity which exposes them to similar liability risks. The purpose is to assume and spread ... Retrieve Doc

Financial And insurance Glossary - The Language Menu
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Glossary Of Insurance Terms
Glossary of Insurance Terms Actuary A professional trained in the mathematics of insurance and risk management, including the calculations of premiums, policy reserves and other values. ... Doc Viewer

DIRECTORS & OFFICERS LIABILITY INSURANCE DICTIONARY
LIABILITY INSURANCE DICTIONARY. CONTENTS 10(b)(5) Broadlydefinestheterm“fiduciary”andcreatesahighlevelofpersonal liability forERISAfiduciaries:the prudent-expertrule InstructsERISAfiduciariesthattheirprimarydutyistotheplanandplanbeneficiaries ... View This Document

Professional Liability 101
Professional Liability 101 Common Questions & Answers Page 3 of 7 2002 L 2 Insurance Agency Understand that Claims Expenses Outside the Limits is not an unlimited coverage. ... Doc Retrieval

Insurance Terminology - North American Training Group
Dictionary of Insurance Terms -A- • Absolute Liability: Liability for damages even though fault or negligence cannot be proven. • Accident: An event or occurrence which is unforeseen and unintended. ... Return Document

Personal Finance: Who Needs An Umbrella Policy? - YouTube
The insurance policy has been growing in popularity and offers additional protection not covered 1:35 Dog Liability by iiivideo 1,307 views; 4:25 Contract (Contract Business Law) - An explanation - Finance Dictionary by Subjectmoney 1,404 views; 2:27 Why You Need a Personal ... View Video

Dram Shop Laws - Definition Of Dram Shop Laws
Dram shop laws also assign liability to servers if someone they serve is injured, or injures or kills someone else. Also Known As: Bar Liability, Server Liability. Stefan-Boltzmann law - Space and Astronomy Definition - Online Dictionary a Ideal Gas Law Definition ... Read Article

A GLOSSARY OF INSURANCE TERMS
Aircraft Liability Insurance: Covers the insured for both bodily injury and property damage liability arising out of the ownership or use of the insured aircraft. ... Get Content Here

Definitions Of Health Insurance Terms - U.S. Bureau Of Labor ...
Health Insurance Portability and Accountability Act of 1996 that exempts from certain requirements insurers that sell insurance to small employers only through association health plans that meet the definition. 3 Health Care Plans and Systems ... Get Document

Glossary Of Insurance Terms - Ohio Insurance Institute
Liability insurance with specified minimum limits or more. Finite Risk Reinsurance: Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underwriting component. ... Get Content Here

The New Palgrave Dictionary Of Economics Onlin
Liability for accidents Steven Shavell From The New Palgrave Dictionary of Economics, Second Edition, 2008 Edited by Steven N. Durlauf and Lawrence E. Blume ... Read Content

Press Release Willis D&O Dictionary2012v2
Liability (D&O) Insurance Dictionary, offering firms a comprehensive overview of terms that are likely to be used in describing their D&O insurance and liability exposures. This longstanding Willis publication, updated in response to recent significant changes to ... Read Document

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Partnership - Partnership Definition - What Is A Partnership
Limited Liability Partnership – In Canada, a limited liability partnership is often only available to groups of professionals, Insurance & Legal Issues; Home Business; Marketing; Online Business; Small Business Financing; Business Learning Center; Running Your Office; ... Read Article