Insurance Terms

All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
  • Accident
  • Accident Insurance
  • Accident Only
  • Accident Only or AD&D
  • Accidental Bodily Injury
  • Accidental Death & Dismemberment
  • Accumulation Period
  • Actual Cash Value
  • Actuarial Report
  • Actuary
  • Adjuster
  • Admission
  • Admitted Assets
  • Admitted Company
  • Advance Premiums
  • Adverse Selection
  • Advisory Organization
  • Affiliate
  • Agent
  • Aggregate
  • Aggregate Cost Payments
  • Aircraft
  • ALAE
  • Alien Company
  • Allied Lines
  • All-Risk
  • Alternative Workers' Compensation
  • Ambulatory Services
  • Annual Statement
  • Annuitant
  • Annuities – Immediate Non-variable
  • Annuity
  • Appraisal
  • Arbitration
  • Assessed Value
  • Asset
  • Asset Risk
  • Assigned Risk
  • Assisted Living Care
  • Assumed Reinsurance
  • Authorized Company
  • Authorized Control Level Risk Based Capital
  • Authorized Reinsurance
  • Auto Liability
  • Auto Physical Damage
  • Automobile Liability Insurance
  • Balance Sheet
  • BCEGS - Building Code Effectiveness Grading Schedule
  • Beneficiary
  • Benefits (Medical & Hospital Expenses)
  • Blanket coverage
  • Boatowners/Personal Watercraft
  • Bodily Injury
  • Boiler & Machinery or Equipment Breakdown & Machinery
  • Bonds
  • Book Value
  • Broker
  • Builders' Risk Policies
  • Burglary and Theft
  • Business Auto
  • Business Interruption
  • Business owners Policy
  • Calendar Year Deductible
  • Capital and Surplus
  • Capital and Surplus Requirement
  • Capital Gains (Loss)
  • Capitation Arrangement
  • Captive Agent
  • Captive Insurer
  • Carrying Value (Amount)
  • Cash
  • Cash Equivalent
  • Casualty Insurance
  • Catastrophe Bonds
  • Catastrophe Loss
  • Ceded Premium
  • Ceding Company
  • Centers for Medicare & Medicaid Services (CMS)
  • Change in Valuation Basis
  • Chartered Life Underwriter (CLU)
  • Chartered Property Casualty Underwriter (CPCU)
  • Claim
  • Claims Adjustment Expenses
  • Claims-made Form
  • Class Rating
  • Coinsurance
  • Collar
  • Collateral Loans
  • Collateralized Bond Obligations (CBOs)
  • Collateralized Mortgage Obligations (CMOs)
  • Combinations
  • Combined Ratio
  • Commencement Date
  • Commercial Auto
  • Commercial Earthquake
  • Commercial Farm and Ranch
  • Commercial Flood
  • Commercial General Liability
  • Commercial Mortgage-Backed Securities
  • Commercial Multiple Peril
  • Commercial Package Policy
  • Commercial Property
  • Commission
  • Community Rating
  • Company Code
  • Completed Operations Liability
  • Comprehensive (Hospital and Medical)
  • Comprehensive General Liability (CGL)
  • Comprehensive Personal Liability
  • Comprehensive/Major Medical
  • Concurrent Causation
  • Conditions
  • Condos
  • Construction and Alteration Liability
  • Contingency Reserves
  • Contingent Liability
  • Continuation of Care Requirement
  • Continuing Care Retirement Communities
  • Contract Reserves
  • Contractual Liability
  • Convertible Term Insurance Policy
  • Coordination of Benefits (COB)
  • Copay
  • Corrective Order
  • Covered Lives
  • Credit
  • Credit – Assumption Agreement
  • Credit - Credit Default
  • Credit – Involuntary Unemployment
  • Credit Accident and Health (group and individual)
  • Credit Disability
  • Credit Health Insurance
  • Credit Involuntary Unemployment
  • Credit Life Insurance
  • Credit Personal Property Insurance
  • Credit Placed Insurance
  • Credit Risk
  • Creditor-Placed Auto
  • Creditor-Placed Home
  • Crop
  • Crop-Hail Insurance
  • Date of Issue
  • Declarations
  • Deductible
  • Deferred Annuity
  • Demutualization
  • Dental Insurance
  • Dental Only
  • Derivative
  • Difference In Conditions (DIC) Insurance
  • Direct Incurred Loss
  • Direct Loss
  • Direct Writer
  • Direct Written Premium
  • Directors & Officers Liability
  • Disability Income
  • Disability Income - Long-Term
  • Disability Income - Short-Term
  • Dividend
  • Domestic Insurer
  • Dual Interest
  • Dwelling Property/Personal Liability
  • Early warning system
  • Earned Premium
  • Earthquake
  • EBNR - Earned but not reported
  • EDP Policies
  • Effective Date
  • Elevators and Escalators Liability
  • Employee Benefit Liability
  • Employee Retirement Income Security Act of 1974 (ERISA)
  • Employers Liability
  • Employment Practices Liability Coverage
  • Encumbrance
  • Endorsement
  • Enrollment
  • Environmental Impairment Liability (EIL)
  • Environmental Pollution Liability
  • Equity Indexed Annuity
  • Errors and Omissions Liability | Professional Liability other than Medical
  • Event Cancellation
  • Excess and Umbrella Liability
  • Excess of Loss Reinsurance
  • Excess Workers' Compensation
  • Expense Ratio
  • Experience Rating
  • Exposure
  • Extra Expense Insurance
  • Face Amount
  • Facultative Reinsurance
  • FAIR Plan - Fair Access to Insurance Requirements
  • Fair Value
  • Farmowners Insurance
  • Federal Flood Insurance
  • Federally Reinsured Crop
  • Fees Payable
  • FEMA - Federal Emergency Management Agency
  • Fidelity
  • Financial Guaranty
  • Financial Reporting
  • Financial Responsibility Law
  • Financial Statement
  • Fire
  • Fire Legal Liability
  • Flood
  • Foreign Insurer
  • Foreign Investment
  • Foreign jurisdiction
  • Fraternal Insurance
  • Fronting
  • Generally Accepted Accounting Principles (GAAP)
  • Gramm-Leach Bliley Act (GLBA)
  • Goodwill
  • Gross Paid-in and Contributed Surplus
  • Gross Premium
  • Group Accident and Health
  • Group Annuities – Deferred Non- Variable and Variable
  • Group Annuities – Deferred Variable
  • Group Annuities – Immediate Non-Variable and Variable
  • Group Annuities – Immediate Variable
  • Group Annuities – Unallocated
  • Group Annuity
  • Group Health
  • Group Code
  • Group Credit – Life
  • Group Health Organizations – Health Maintenance (HMO)
  • Guaranty Fund
  • Hard Market
  • Hazard
  • Health – Excess/Stop Loss
  • Health Insurance
  • Health Maintenance Organization (HMO)
  • Health Plan
  • Hold-Harmless Agreement
  • Homeowners Insurance
  • Hospital Indemnity Coverage
  • Hull Insurance
  • Incontestability Provision
  • Incurred But Not Reported (IBNR)
  • Incurred Claims
  • Incurred Losses
  • Indemnity, Principle of
  • Independent Adjuster
  • Independent Agent
  • Independent Contractor
  • Index Annuity
  • Individual Annuities – Deferred Variable
  • Individual Annuities – Immediate Variable
  • Individual Annuities – Special
  • Individual Annuities- Deferred Non-Variable and Variable
  • Individual Annuities- Deferred Non-Variable
  • Individual Annuities- Immediate Non-Variable
  • Individual Annuities- Immediate Non-Variable and Variable
  • Individual Health
  • Individual Credit – Credit Disability
  • Individual Credit – Life
  • Industrial Life
  • Inland Marine
  • Insurable Interest
  • Insurance
  • Insurance Holding Company System
  • Insurance Regulatory Information System (IRIS)
  • Insurance to Value
  • Insured
  • Insurer
  • Intermediary
  • International
  • Internet Liability Insurance/Cyber Insurance
  • Investment grade
  • Investment Income Accrued
  • Investment Income Due
  • Investment Income Gross
  • Irrevocable Beneficiary
  • Joint and Last Survivor Annuity
  • Joint Underwriting Association (JUA)
  • Joint-Life Annuity
  • Key-Persons Insurance
  • Kidnap/Ransom Insurance
  • Lapse
  • Level Premium Insurance
  • Liability
  • Life – Endowment
  • Life – Flexible Premium Adjustable Life
  • Life Settlements
  • Lifetime Disability Benefit
  • Limited Benefit
  • Limited Payment Life Insurance
  • Limited Policies
  • Limits
  • Line of Business
  • Liquor Liability
  • Living benefits rider
  • Lloyd's of London
  • Loan-backed Securities
  • Long Duration Contracts
  • Long-Term Care
  • Long-Term Disability Income Insurance
  • Loss
  • Loss Adjustment Expense (LAE)
  • Loss Frequency
  • Loss of Use Insurance
  • Loss Payable Clause
  • Loss Ratio
  • Loss Reserve
  • Loss Reserves
  • Losses Incurred
  • Losses Incurred But Not Reported (IBNR)
  • Major Medical
  • Malpractice
  • Managed Care
  • Mandated benefits
  • Manufacturers Output Policies
  • Margin Premium
  • Market Value
  • Mechanical Breakdown Insurance
  • Medicaid
  • Medical & Hospital Expenses (Benefits or Claims)
  • Medical Malpractice
  • Medical Only
  • Medical Professional Liability
  • Medicare
  • Medicare + Choice
  • Medicare Advantage Plan
  • Medicare Cost
  • Medicare Part D - Stand-Alone
  • Medicare Supplement
  • Medigap
  • Minimum Premium Plan
  • Mobile Homes - Homeowners
  • Mobile Homes under Transport
  • Modified Guaranteed
  • Member
  • Moral Hazard
  • Morale Hazard
  • Morbidity
  • Morbidity Risk
  • Morbidity Table
  • Mortality Table
  • Mortgage
  • Mortgage Guaranty
  • Mortgage Insurance
  • Mortgage-Backed Securities
  • Multi-Peril Insurance
  • Municipal Bond Guarantee Insurance
  • Municipal Liability
  • Municipal obligation bond
  • Mutual Insurance Company
  • Mutual Insurance Holding Company
  • Named Insured
  • Named Peril Coverage
  • National Association of Insurance Commissioners (NAIC)
  • Negligence
  • Net Admitted Assets
  • Net Income
  • Net Premiums Earned
  • NFIP - National Flood Insurance Program
  • Nonadmitted Assets
  • Nonadmitted Insurer
  • Non-controlled stock insurers
  • Non-proportional Reinsurance
  • Notional Value
  • Nationally Recognized Statistical Rating Organization (NRSRO)
  • Nuclear Energy Liability
  • Occurrence
  • Ocean Marine
  • Officer
  • Option
  • Other Accident and Health
  • Other Considerations
  • Other Liability
  • Other Underwriting Expenses
  • Owner Occupied
  • Package Policy
  • Par Value
  • Peril
  • Permanent Life Insurance
  • Personal Auto Policy
  • Personal Earthquake
  • Personal Flood
  • Personal GAP Insurance
  • Personal Injury Liability
  • Personal Injury Protection Coverage/PIP
  • Personal Property
  • Pet Insurance Plans
  • Policy
  • Policy Dividend
  • Policy Period
  • Policy Reserve
  • Policyholders Surplus
  • Pollution
  • Pool
  • Preferred Provider Organization (PPO)
  • Preferred Risk
  • Premises and Operations
  • Premium
  • Premiums Earned
  • Premiums Net
  • Premiums Written
  • Primary Insurance
  • Prior Approval Law
  • Private Passenger Auto (PPA)
  • Producer
  • Product Liability
  • Professional Errors and Omissions Liability
  • Property
  • Pro-rata (proportional) Reinsurance
  • Protected Cell
  • Protection and Indemnity (P&I) Insurance
  • Provider Sponsored Network (PSN)
  • Provisions
  • Proximate Cause
  • Public Adjuster
  • Pure Premium
  • Pure Risk
  • Qualified Actuary
  • Rate
  • Risk Based Capital (RBC) Ratio
  • Rebate
  • Reinsurance
  • Reinsurer
  • Renewable Term Insurance
  • Renters Insurance
  • Replacement Cost
  • Reported Losses
  • Reserve
  • Reserve Credit
  • Residence
  • Residual Market Plan
  • Retention
  • Retention Limit
  • Retrocession
  • Retrospective Rating
  • Rider
  • Risk
  • Risk Retention Act
  • Risk Retention Group
  • Salvage
  • Statutory Accounting Principles (SAP)
  • Securitization of Insurance Risk
  • Security
  • Self-Insurance
  • Separate Account
  • Short-term Disability
  • Short-Term Medical
  • Situs of Contract
  • Social Insurance
  • Soft Market
  • Special revenue bond
  • Specified Disease Coverage
  • Specified/Named Disease
  • Standard Risk
  • State Children's Health Insurance Program
  • State of Domicile
  • State Page
  • Statement Type
  • Statement Value
  • Statutory Accounting
  • Stock Insurance Company
  • Stop Loss/Excess Loss
  • Structured Securities
  • Structured Settlements
  • Subrogation
  • Subrogation Clause
  • Subsequent Event
  • Substandard Risk
  • Superfund
  • Surety Bond
  • Surplus
  • Surplus Line
  • Swap
  • Tenants
  • Term
  • Term Insurance
  • Third Party
  • Title Insurance
  • Total Liabilities
  • Total Revenue
  • Travel Coverage
  • Treaty
  • Unallocated Loss Adjustment Expense (ULAE)
  • Umbrella and Excess (Commercial)
  • Umbrella and Excess (Personal)
  • Unauthorized Reinsurance
  • Underinsured Motorist Coverage
  • Underlying Interest
  • Underwriter
  • Underwriting
  • Underwriting Risk
  • Unearned Premium
  • Unearned Premium Reserve
  • Universal Life Insurance
  • Unpaid Losses
  • Valued Policy
  • Valued Policy Law
  • Variable Annuity
  • Variable Life Insurance
  • Variable Universal Life
  • Viatical Settlements
  • Vision
  • Warrant
  • Warranty
  • Whole Life
  • Whole Life Insurance
  • Workers' Compensation
  • Written Premium