Insurance Terms

  1. Cedent

  2. Ceding Company

  3. Central Guarantee Fund

  4. Central Loss Fund

  5. Certain And Continuous

  6. Certificate Of Insurance

  7. Cession

  8. Chain Of Title

  9. Charging Order

  10. Charitable Gift Life Insurance

  11. Charitable Split-Dollar Insurance Plan

  12. Chartered Insurance Professional - CIP

  13. Chartered Life Underwriter - CLU

  14. Children’s Health Insurance Program (CHIP)

  15. Claims Adjuster

  16. Claims Reserve

  17. Clash Reinsurance

  18. Clean Sheeting

  19. Cleanup Fund

  20. Clear-Space Clause

  21. Close Corporation Plan

  22. Closing

  23. Clunker

  24. Co-Insurance

  25. Co-pay

  26. Co-Tenancy Clause

  27. Coinsurance Formula

  28. Coinsurer

  29. Collateral Value Insurance

  30. College Of Insurance

  31. Collision Insurance

  32. Combination Agency

  33. Combined Ratio

  34. Commercial Forgery Policy

  35. Commercial Health Insurance

  36. Commercial Lines Insurance Pricing Survey - CLIPS

  37. Commercial Multiple Peril Policy

  38. Commercial Property Floater

  39. Commercial Property Insurance

  40. Commissioners Standard Industrial Mortality Table

  41. Commissioners Standard Ordinary Mortality Table

  42. Commissioners' Values

  43. Common Policy Declarations

  44. Commutation

  45. Company Owned Life Insurance - COLI

  46. Comparative Interest Rate Method

  47. Comparative Negligence

  48. Compensatory Damages

  49. Completed Operations Insurance

  50. Compound Probability

  51. Concealment

  52. Concurrent Causation

  53. Conditional Binding Receipt

  54. Conditional Sales Floater

  55. Confining Condition

  56. Connie Lee - College Construction Loan Insurance Association - CCLIA

  57. Consequential Loss

  58. Consignment Insurance

  59. Constant Proportion Portfolio Insurance - CPPI

  60. Constructive Total Loss

  61. Contingent Beneficiary

  62. Continuing Claims

  63. Contract Holder

  64. Contractor Fraud

  65. Conversion Privilege

  66. Cooperative Insurance - Co-Op Insurance

  67. Corporate Ownership Of Life Insurance - COLI

  68. Cost Cutting

  69. Cost-Sharing Reductions

  70. Council Of Insurance Agents & Brokers

  71. Credit Default Insurance

  72. Credit Insurance

  73. Credit Life Insurance

  74. Cross-Sell

  75. Crowding Out Effect

  76. Dangerous Asset

  77. Dean Analytic Schedule

  78. Death Benefit

  79. Death Bond

  80. Death Master File (DMF)

  81. Debris Removal Insurance

  82. Decreasing Term Insurance

  83. Deferred Acquisition Costs - DAC

  84. Demolition Insurance

  85. Deposit Insurance Fund - DIF

  86. Disability Insurance

  87. Disability Insurance Trust Fund

  88. Disability-Income (DI) Insurance

  89. Doctrine Of Utmost Good Faith

  90. Double Gearing

  91. Double Net Lease

  92. Dread Disease Rider

  93. Dry Closing

  94. Earned Premium

  95. Electronic Benefit Transfer - EBT

  96. Elimination Period

  97. Embedded Value

  98. Employment Insurance - EI

  99. Encroachment

  100. Endorsement

Hot Definitions
  1. National Best Bid and Offer - NBBO

    A term applying to the SEC requirement that brokers must guarantee customers the best available ask price when they buy securities and the best available bid price when they sell securities.
  2. Maintenance Margin

    The minimum amount of equity that must be maintained in a margin account. In the context of the NYSE and FINRA, after an investor has bought securities on margin, the minimum required level of margin is 25% of the total market value of the securities in the margin account.
  3. Leased Bank Guarantee

    A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount of money and over a set period of time, typically less than two years.
  4. Degree Of Financial Leverage - DFL

    A ratio that measures the sensitivity of a company’s earnings per share (EPS) to fluctuations in its operating income, as a result of changes in its capital structure. Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in earnings before interest and taxes (EBIT).
  5. Jeff Bezos

    Self-made billionaire Jeff Bezos is famous for founding online retail giant Amazon.com.
  6. Re-fracking

    Re-fracking is the practice of returning to older wells that had been fracked in the recent past to capitalize on newer, more effective extraction technology. Re-fracking can be effective on especially tight oil deposits – where the shale products low yields – to extend their productivity.
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