Insurance Terminology And Acronyms

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Insurance terminology and acronyms. Browse and search thousands of insurance abbreviations and acronyms in our comprehensive reference resource. List of most popular insurance terms updated in july 2020. Insurance department state department charged with controlling insurance matters within the state.

Our insurance terms glossary is divided alphabetically by insurance terms in a quick reference guide to assist understanding the language commonly used by insurance companies. Deductible the amount of loss paid by the policyholder. American alternative insurance corporation.

Declaration part of a property or liability insurance policy that states the name and address of policyholder property insured its location and description the policy period premiums and supplemental information. Brokers know the market well so on your behalf they get the quotes read the fine print negotiate deals and explain what it means for you they re especially useful if you are in the market for a few insurance products or have more complex requirements. Accredited adviser in insurance.

Policy documents contain a number of insurance terms because they typically define the limitations of risk and liability on the insured and any exclusions of coverage. List of most popular insurance terms updated in july 2020. Browse the list of 7 5k insurance abbreviations with their meanings and definitions.

Referred to as the ìdec page î. Insurance guaranty association state funds created by law that pay claims of insurers domiciled in that state that become insolvent. Browse the list of 7 5k insurance abbreviations with their meanings and definitions.

View this alphabetical list of insurance abbreviations and acronyms that will help you better understand your carefirst insurance plan. Either a specified dollar amount a percentage of the claim amount or a specified. A e architects and engineers liability coverage a h accident and health insurance a e architect engineer.