Translate INSURANCE–EZE INTO BUSINESS–EASE
Is your current insurance policy Greek to you? Whenever you stumble over insurance jargon, click on this translator tool. It contains plain English definitions of hundreds of insurance terms.
Simply click on the first letter of the term you need defined below. Then select the word from the scrolling list. In seconds, we'll translate that term from insurance jargon into plain English.
| 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 |
|
|
||||
|
Coverage for the cost incurred in the removal of debris on property covered resulting from damage caused by an insured peril.
Insurance that pays for the cost of removing debris from an insured property after a loss.
Specifies an amount to be deducted from any loss, or makes the company only liable for the excess of a stated amount. This is used largely on risks where many small losses may be expected, such as scratches or dents to automobile bodies (collision insurance).
The amount the insured must pay for a loss before the insurance company will make claim payments.
The exposure of corporate managers to claims from shareholders, employees, and others alleging mismanagement.
Generally purchased by corporations and nonprofit organizations, this insurance covers the costs of certain lawsuits against directors and officers.
The definitions contained herein are for informational purposes only,are not intended to be all inclusive, and may not apply in all situations. You should not rely on these definitions for interpretation of policy coverages, terms and conditions.