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Dictionary of Insurance Terms
More than 4,200 clear, informative definitions of key terms used in life, health, property, casualty, and other types of insurance. A handy quick-reference source for agents, brokers, actuaries, underwriters, personnel managers concerned with employee benefit programs, and consumers looking for easy-to-understand meanings of insurance terms.
- AAM
- abandonment and salvage
- abandonment clause
- absolute assignment
- absolute beneficiary
- absolute liability
- abusive tax shelter
- accelerated depreciation
- accelerated option
- acceleration life insurance
- accelerative endowment
- acceptance
- accident
- accident and health insurance
- accident and sickness insurance
- accident frequency
- accident insurance
- accident prevention
- accident rate
- accident severity
- accident-year statistics
- accidental death and dismemberment insurance
- accidental death benefit
- accidental death clause
- accidental death insurance
- accidental means
- accommodation line
- account current
- accountants liability insurance
- accountants professional liability insurance
- accountants report
- accounting
- accounts receivable insurance
- Accredited Advisor in Insurance (AAI)
- accrue
- accrued benefit cost method
- accrued interest
- accumulated amount
- accumulated value
- accumulation benefits
- accumulation period
- accumulation unit
- accumulation unit value
- Acquired ImmunoDeficiency Syndrome (AIDS)
- acquisition cost
- act of god
- active retention
- acts
- actual authority (express authority)
- actual cash value
- actual total loss
- actuarial
- actuarial adjustment
- actuarial consultant
- actuarial cost methods
- actuarial equity
- actuarial equivalent
- actuarial gains and losses
- actuarial rate
- actuarial science
- actuary
- actuary, enrolled
- ACV
- ad infinitum
- ad valorem
- add to cash value option
- addendum
- additional car
- additional death benefit
- additional deposit privilege
- additional insured
- additional interest
- additional living expense insurance
- additional living expense loss
- adequacy
- adequacy, life insurance
- adhesion insurance contract
- adjacent
- adjoining
- adjustable life insurance
- adjustable premium
- Adjustable Rate Mortgage (ARM)
- adjusted liabilities
- adjusted net worth
- adjusted premium
- adjusted premium method
- adjusted surplus
- adjusted underwriting profit
- adjuster
- adjuster, average
- adjuster, independent
- adjuster, public
- adjuster, staff
- adjustment bureau
- adjustment income
- adjustment provision
- administering agency
- administration
- administration bond
- administrative charge
- administrative expenses
- administrative law
- Administrative Services Only (ASO)
- administrator
- admiralty liability
- admiralty proceeding
- admitted assets
- admitted company
- admitted insurance
- advance funding
- advance payments
- advance premium
- advance premium mutual
- advanced funded pension plan
- advanced life underwriting
- adverse financial selection
- adverse selection
- advertisers liability insurance
- advertising, insurance company
- advisory committee
- affiliated companies
- affirmative warranty
- age change
- Age Discrimination in Employment Act (ADEA)
- age limits
- age setback
- age-weighted profit-sharing plan
- agency
- agency agreement
- agency by estoppel
- agency by ratification
- agency contract (agency agreement)
- agency manager
- agency plant
- agency system
- agent
- agent license
- agent of record
- agent's authority
- agent's balance
- agent's qualification laws
- agent, general
- agent, independent
- agent, policywriting
- agent, recording
- agent, resident
- agent, special
- agent, state
- aggregate annual deductible
- aggregate excess contract
- aggregate excess of loss retention
- aggregate indemnity
- aggregate level cost method
- aggregate limit
- aggregate mortality table
- aggregate products liability limit
- aggregate stop loss insurance
- agreed amount clause
- agreed amount form
- agreement
- agricultural equipment insurance
- AIA
- AIAF
- AIC
- AIM
- air cargo insurance
- aircraft hull insurance
- aircraft liability insurance
- airport liability coverage
- alaska trust act
- ALCM
- alcoholic beverage control laws
- alcoholic beverage liability insurance
- aleatory contract
- alien insurer
- alimony substitution trust
- all lines insurance
- all risk insurance
- all risks
- Alliance of American Insurers (AAI)
- allied lines
- allocated benefits
- allocated funding instrument
- allocation of plan assets
- allocation of plan assets on termination
- allowed assets
- Alternative Dispute Resolution (ADR)
- alternative minimum cost method
- alternative minimum tax
- alternative risk financing
- alternative risk financing facilities
- ambiguity
- amendment
- american academy of actuaries
- american agency system
- american annuity table, 1955
- american college
- american council of life insurance
- american experience table
- american institute for property and liability underwriters
- American Insurance Association (AIA)
- american life convention
- american lloyd's
- american mutual insurance alliance
- american risk and insurance association
- Americans with Disabilities Act (ADA)
- AMIM
- amortization
- amortization schedule
- amortized value
- amount at risk
- amount for which loss settled
- amount of insurance to value
- amount subject
- amt
- analysis
- analysis of property and casualty policy
- analytic system
- ancillary benefits
- animal health insurance
- animal life insurance
- anniversary
- annual aggregate limit
- annual convention blank
- annual expected dollar loss
- annual insurance policy
- annual policy
- annual premium annuity
- annual renewal agreement
- annual report
- annual statement
- annualized
- annuitant
- annuity
- annuity analysis
- annuity certain
- annuity consideration
- annuity date
- annuity due
- annuity forms
- annuity payment option
- annuity rent
- annuity table, 1949
- annuity tables
- annuity unit
- annuity, cash refund
- annuity, cd
- ANNUITY, DEFERRE
- annuity, group
- annuity, installment refund
- annuity, joint life
- annuity, joint life and survivorship
- annuity, retirement
- annuity, reversionary
- annuity, survivorship
- annuity, tax deferred
- anticoercion law
- antifreeze
- antirebate law
- antiselection
- APP
- apparent agency (authority)
- apparent authority
- apparent authority (perceived authority)
- appeal bond
- appleton rule
- applicant
- application
- appointed actuary
- appointment
- appointment of trustees for terminated plan
- appointment papers
- apportionment
- apportionment clause
- appraisal
- appraisal clause
- approval
- approval conditional premium receipt
- approved roof
- appurtenant structures
- arbitration
- arbitration clause
- ARIA
- ARM
- armored car and messenger insurance
- armstrong investigation
- ARP
- arrears
- arson
- ASO
- assailing thieves
- assault
- assessable insurance
- assessable mutual
- assessed value
- assessment company
- assessment insurance
- assessment period
- assessment plan
- asset
- asset adequacy tested reserve
- asset allocation
- asset depreciation risk
- asset quality risk
- asset share value
- asset sufficiency or insufficiency
- asset transfer
- asset valuation
- Asset Valuation Reserve (AVR)
- assets and valuation
- assigned claims
- assigned risk
- assigned risk plan
- assignee
- assignment
- assignment clause, life insurance
- assignor
- assistive technology
- Associate in Automation Management (AAM)
- Associate In Claims (AIC)
- Associate in Insurance Accounting and Finance (AIAF)
- Associate in Loss Control Management (ALCM)
- Associate In Management (AIM)
- Associate in Marine Insurance Management (AMIM)
- Associate in Premium Auditing (APA)
- Associate in Research and Planning (ARP)
- Associate in Risk Management (ARM)
- Associate in Underwriting (AU)
- association
- association captive
- association group
- association group insurance
- Association of Governmental Risk Pools (AGRIP)
- Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC)
- assume
- Assumed Interest Rate/Assumed Investment Return (AIR)
- assumed liability
- assumed loss ratio
- assumption
- assumption certificate
- assumption of risk
- assumption of risk rule
- assumption reinsurance
- assumptions
- assurance
- assured
- assurer
- asymmetric risk exposure
- atomic energy commission
- atomic energy reinsurance
- attachment
- attachment point
- attained age
- attained age conversion
- attending physician statement
- attestation clause
- attorney-in-fact
- attorneys professional liability insurance
- attractive nuisance
- AU
- audit
- auditors report
- authority to terminate plan
- authorization
- authorized control level risk-based capital
- authorized insurer
- automatic builders risk form
- automatic cost of living adjustment
- automatic coverage
- automatic increase in benefits
- automatic increase in benefit provision
- automatic increase in insurance endorsement
- automatic nonproportional reinsurance
- automatic premium loan provision
- automatic proportional reinsurance
- automatic reinstatement clause
- automatic reinsurance
- automatic sprinkler clause
- automatic sprinkler system
- automobile assigned risk insurance plan
- automobile collision
- automobile comprehensive
- automobile fleet
- automobile insurance
- automobile insurance plan
- automobile liability insurance
- automobile physical damage insurance
- automobile reinsurance facility
- automobile shared market
- automobile theft
- automobile, boat, and aircraft insurance
- average
- average adjuster
- average clause
- Average Indexed Monthly Earnings (AIME)
- average loss clause
- Average Monthly Earnings (AME)
- Average Monthly Wage (AMW)
- average net cost
- average rate
- average semiprivate rate
- average weekly wage
- average, general
- average, particular
- aviation accident insurance
- aviation exclusion
- aviation hazard
- aviation insurance
- aviation trip life insurance
- avoidance
