22 May First Party Claim
A claim filed by an insured person against his/her insurance policy....
A claim filed by an insured person against his/her insurance policy....
Final expenses are the costs associated with a person’s death. Final expenses include, but are not limited to: Funeral costs Legal court expenses Outstanding bills and debt Mortgages Loans and taxes...
A family automobile insurance policy is the most common type in the industry. These policies provide protection for all family members....
The amount covered by the terms of an insurance contract. Face amount is usually on the policy’s first page....
A policy provision providing the option to continue the existing amount of insurance as term insurance for as long a period of time as the contract’s cash value can purchase....
An extension of the fire policy to cover the additional perils of windstorm, hail, explosion, or riot, attending a strike, civil commotion, aircraft, vehicle and smoke....
Measure of vulnerability to loss, usually expressed in dollars or units....
The specified date and time at which a policy terminates....
The ratio of a company’s operating expenses to premiums....
Items or conditions that are not covered by the general insurance contract. These are specified in the policy itself....