Policy - Law Dictionary Search Results
underwriter
(as an individual or a company) who underwrites an insurance policy : insurer b : a person who assesses risks to
discharge
reporting an employer's criminal activity) and that clearly violates public policy wrongful discharge : discharge of an employee for illegal reasons
drive-other-car endorsement (doc)
to only as an "other-car endorsement," this addition to the policy allows coverage to be added that will protect individuals named
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incident of ownership
change beneficiaries) that may be exercised over a life insurance policy which are used as criteria for the inclusion of the
incontestability clause
incontestability clause : a clause in an insurance policy that forbids the insurer from disputing the policy (as on
insurance certificate
a shipment of merchandise is covered under a marine insurance policy 2 : a certificate issued in place of an insurance
first-party coverage
first-party coverage Compensation you receive under your own insurance policy as opposed to receiving payment from someone else's insurance policy,
net valuation premium
net valuation premium : a premium for a life insurance policy set after a determination of the amount needed to cover
reserve
to be made on losses which may have already occurred policy reserve : an insurance company's reserve representing the difference in
uim
loss. UIM pays you, or those people covered under your policy, for bodily injury losses if the other driver is liable
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