22 May Multiple Line

A general term referring to fire and casualty insurance in general. A multiple line company writes auto, fire, health, commercial, boat owners, homeowners, individual fire, theft insurance....

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22 May Mortgage Clause

Property insurance provisions granting protection for the mortgagee named in the policy. It establishes that loss to mortgaged property is payable to the insured and to the mortgagee named in the policy....

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22 May Medical Payments

Optional coverage under an auto policy that pays for medical expenses arising from bodily injury in an auto accident, regardless of fault. Coverage for persons other than the named insured and his or her family members is typically restricted to circumstances occurring while they are...

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