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Insurance Terms

  1. Apportionment

  2. Appurtenance

  3. Associate In Claims - AIC

  4. Associate In Information Technology - AIT

  5. Associate In Insurance Accounting And Finance - AIAF

  6. Associate In Loss Control Management - ALCM

  7. Associate In Management (AIM)

  8. Associate In Marine Insurance Management - AMIM

  9. Associate In Premium Auditing - APA

  10. Associate In Research And Planning - ARP

  11. Associate in Risk Management - ARM

  12. Associate In Underwriting - AU

  13. Association Of British Insurers - ABI

  14. Assumed Interest Rate - AIR

  15. Assumption Endorsement

  16. Assurance

  17. Asymmetric Information

  18. Attained Age

  19. Audit Risk

  20. Auto Insurance

  21. Average Indexed Monthly Earnings - AIME

  22. B3/B-

  23. Bailee's Customers Insurance

  24. Balance Sheet Reserves

  25. Bancassurance

  26. Bank Insurance

  27. Bank Insurance Fund (BIF)

  28. Bank Letter Of Credit Policy

  29. Bank-Owned Life Insurance - BOLI

  30. Banker's Blanket Bond

  31. Benchmark Surplus

  32. Beneficiary

  33. Beneficiary Clause

  34. Benefit Expense Ratio

  35. Benefit Period

  36. Betterment Insurance

  37. Blanket Bond

  38. Blanket Honesty Bond

  39. Blanket Insurance

  40. Blockbuster Drug

  41. Bond Insurance

  42. Both-To-Blame Collision Clause

  43. Breeder's Insurance Policy

  44. Bridge Insurance

  45. Broad Evidence Rule

  46. Broad Form Insurance

  47. Broad Form Personal Theft Insurance

  48. Broad Form Property Damage Endorsement

  49. Broad Form Storekeepers' Insurance

  50. Broker Of Record

  51. Brokerage Department

  52. Brokerage Fee

  53. Brokerage General Agent

  54. Builders Risk Coverage Form

  55. Builders Risk Hull Insurance

  56. Building And Personal Property Coverage Form

  57. Bumbershoot Policy

  58. Bundling

  59. Bureau Rate

  60. Burial Insurance

  61. Burning Cost Ratio

  62. Business And Personal Property Coverage Form - BPPCF

  63. Business Auto Coverage Form

  64. Business Automobile Policy - BAP

  65. Business Continuation Insurance

  66. Business Crime Insurance

  67. Business Income Coverage Form

  68. Business Insurance

  69. Business Interruption Insurance

  70. Business Liability Insurance

  71. Business Owner Policy - BOP

  72. Business Risk Exclusion

  73. Buy And Homework

  74. Bypass Trust

  75. Calendar Year Accounting Incurred Losses

  76. Calendar Year Experience

  77. Canadian Council Of Insurance Regulators - CCIR 

  78. Canadian Deposit Insurance Corporation - CDIC

  79. Canadian Institute Of Actuaries - CIA

  80. Cancelable Insurance

  81. Cancellation Provision Clause

  82. Capital Stock Insurance Companies

  83. Capitated Contract

  84. Capitation Payments

  85. Captive Agent

  86. Captive Insurance Company

  87. Cash Accumulation Method

  88. Cash Flow Underwriting

  89. Cash Surrender Value

  90. Cash-Value Life Insurance

  91. Casualty And Theft Losses

  92. Casualty Insurance

  93. Cat Spread

  94. Catastrophe Excess Reinsurance

  95. Catastrophe Futures

  96. Catastrophe Insurance

  97. Catastrophe Loss Index - CLI

  98. Catastrophic Illness Insurance

  99. Cedent

  100. Ceding Company

Marketplace
Hot Definitions

  1. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  2. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  3. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  4. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  5. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  6. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
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