Terms with Tag Insurance
- Deferred Policy Acquisition Costs (DPAC) — Acronym,
- Demographics — Definition,
- Characteristics of the population that influence consumption of products and services. They include age, sex, race, family size, level of education, occupation, income and location of residence.
- Demolition and Increased Cost of Construction (DICC) — Acronym,
- Demolition Insurance — Definition,
- Insurance that covers demolition costs for an irreparably damaged building.
- Deposit Insurance — Definition,
- The Canada Deposit Insurance Corporation insures depositors' funds to a maximum of $60,000 per depositor, per institution, with some exceptions, in the event of the failure of a federal financial institution. Deposits in some provincial financial institutions are also covered.
- Deposit Insurance Corporation of Ontario (DICO) — Company, Ontario, Canada,
- Depreciated Replacement Cost (DRC) — Acronym,
- Depreciation — Definition,
- The gradual loss of value of a building or other property because of age or natural wear.
- Desjardins Groupe d'Assurances Générales (DGAG) — Acronym, Canada, ➥ French acronym for Desjardins General Insurance Group.
- Developed to Net Premiums Earned — Definition,
- A method used to determine if the premiums charged by an insurer are in balance with the benefits they pay out.
- Direct Writer — Definition,
- An individual who writes insurance policies directly for an insurer.
- Direct Written Premiums — Definition,
- All the premiums written by an insurer except those ceded to reinsurers.
- Directors and Officers Liability Insurance (DOLI, D&O) — Acronym, Important,
- Insurance for officers and directors of a company providing coverage against "wrongful acts" or "behavior" that may lead to lawsuits and profit losses due to neglect or breach of duty, errors and omissions or misleading statements on the part of the board of directors.
➥ Sometimes referred to as Officers' and Directors' Liability (ODL) insurance. - Disability — Definition,
- A condition that limits or completely inhibits an individual's ability to work or perform everyday tasks.
- Disability Insurance (DI) — Acronym, Important,
- Insurance that covers individuals who develop a condition that hinders their ability to work.
- Disability Insurance Benefits (DIB) — Acronym, Important,
- Disease Management (DM) — Acronym, Important,
- The process of discussing and agreeing to treatments and care plans for individuals with long-term health care needs.
➥ Heath care decisions made to manage a disease. - Disease Management Program (DMP) — Acronym,
- Dread Disease Rider — Definition,
- Insurance that provides a benefit if the policyholder is diagnosed with an illness that is deemed serious or terminal.
- Driver's Fatal Accident Policy (DFAP) — Acronym,
- Duplicate Policy (DUP) — Acronym,
- Early Withdrawal Penalty — Definition,
- A depositor forfeits interest or is charged a service fee for either withdrawing funds or closing a time deposit before the maturity date.
- Earned Premium (EP) — Acronym,
- The amount of premiums that an insurer has collected from an insurance policy at a given time.
- Effective Age — Definition,
- An appraiser's estimate of the physical condition of a building. The actual age of a building may be shorter or longer than its effective age.
- Electronic Claim File (ECF) — Acronym,
- Elimination Period — Definition,
- The wait that spans from when a claim is initially filed to when benefits are eventually paid by an insurer.
- Employer Stop Loss (ESL) — Acronym,
- Employers Liability Insurance (ELI) — Acronym,
- Insurance purchased to cover businesses for liability from workplace accidents.
- Employment Insurance (EI) — Acronym, Canada,
- A Service Canada program where premiums are paid by taxpayers and benefits are provided for the unemployed.
➥ Formerly known as Unemployment Insurance (UI). - Employment Practices Liability Insurance (EPLI) — Acronym,
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Deferred Policy Acquisition... -
Electronic Claim File
Electronic Claim File
