Terms with Tag Insurance
- Commercial Property Insurance — Definition,
- Property insurance that provides coverage for damages to commercial property due to named perils such as fire or theft.
- Commission (comm) — Abbreviation,
- A fee paid to a salesperson for selling a product to a customer.
- An agent's fee for negotiating a real estate or mortgage loan transaction, often expressed as a percentage of the selling price.
- Commissioners' Reserve Valuation Method — Definition,
- A method used to determine the minimum statutory reserves for annuities and insurance products.
- Committee on Life Insurance Financial Reporting (CLIFR) — Acronym, Canada,
- Commutation — Definition,
- An option given to the beneficiaries of annuities and life insurance policies that allows them to modify the frequency and size of benefit payments.
- Comparative Mortality Figure (CMF) — Acronym, ➥ Used in the study of occupational mortality.
- Comparative Negligence — Definition,
- The degree to which the claimant's own negligence factored into damages, and how much liability can be attributed to each party.
- Completed Operations Insurance — Definition,
- Insurance that provides protection against liability after contractual obligations have ended.
- Completion Bond — Definition,
- Insurance purchased to make sure that an important project is completed, even if something unexpected happens, financial or otherwise.
- Comprehensive General Liability (CGL) — Acronym,
- Comprehensive Insurance — Definition,
- Auto insurance that covers damages not resulting from a collision, and for vehicle theft.
- Comprehensive Liability Transfer Agreement (CLTA) — Acronym,
- Comptroller — Definition,
- An individual who oversees and audits the financial reporting and accounting of an organization.
- Computer Liability Insurance Coverage (CLIC) — Acronym,
- Concealment — Definition,
- The act of lying or omitting information when applying for insurance coverage.
- Concurrent Causation — Definition,
- If there is more than one cause of damage in an insurance claim and one cause is covered while the other is not, the insurer is obligated to cover the loss.
- Concurrent Insurance — Definition,
- Multiple insurance policies that cover the same exposure.
- Concurrent Periods — Definition,
- When a patient requires treatment for more than one ailment at a time, all insurance benefits are paid together.
- Conditional Sales Floater — Definition,
- Insurance that covers losses on property sold conditionally or on an instalment plan.
- Condominium Legal Liability (CLL) — Acronym,
- Confining Condition — Definition,
- Any medical condition that forces an individual to stay confined to a single location.
- Consequential Loss — Definition,
- The financial loss that occurs due to an entity's inability to use an asset or property.
- Consignment Insurance — Definition,
- Insurance for assets on loan, consignment, in transfer of ownership, or up for auction.
- Constructive Total Loss Only (CTLO) — Acronym,
- Contingent Beneficiary — Definition,
- A beneficiary who only receives his or her benefit when specific conditions have been met.
- Contingent Liability — Definition,
- A legal responsibility to pay certain sums conditional on a future event such as a law suit or court case.
- Contingent Liability Program (CLP) — Acronym,
- Contract Holder — Definition,
- The entity that holds the rights to a obligation or debt.
- Contractor Controlled Insurance Policy (CCIP) — Acronym,
- Contractual Liability Insurance Policy (CLIP) — Acronym,
5.
Commercial Property Insurance -
Contingent Beneficiary
Contingent Beneficiary
