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.
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Any person or firm or corporation, or any of its members, specifically designated by name as insured(s) in a policy, as distinguished from others who, although unnamed, are protected under some circumstances.
Any person, firm, or organization, or any of its members whose names are on the insurance policy.
Named-peril policies specify the perils, which are insured against, as distinguished from the “all risk” policies.
Specific risks of loss the policy states it will cover.
In commercial auto policies, refers to a vehicle the insured neither rents, borrows, owns or leases.
Generally refers to cars your employees own that are used for company business.
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.