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.
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This term is applied to conditions which may create or increase the probability of a loss.
Condition that creates or increases the chance of loss.
A vehicle whose use has been granted to another individual in return for a specified monetary renumeration.
A car you generally pay to borrow.
A contractual agreement that specified that one contracting party will assume specified legal liabilities of another party.
A contract that says one party can't be held responsible for the acts of another.
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.