(from insurance)
41Insurance Fraud — An illegal act on the part of either the buyer or seller of an insurance contract. Insurance fraud from the issuer (seller) includes selling policies from non existent companies, failing to submit premiums and churning policies to create more… …
42indemnity insurance — Insurance under a policy providing indemnification for actual loss or damage suffered by the insured (Shealey v American Health Ins. Corp. 220 SC 79, 66 SE2d 461, 27 ALR2d 942) as distinguished from insurance, particularly insurance under a… …
43Insurance Institute of India — The Insurance Institute of India is an insurance education company established in 1955 for the purpose of imparting insurance education to persons engaged or interested in insurance. The institute conducts examinations at various levels. It is… …
44Insurance — A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients risks to make payments more affordable for the insured. When shopping around… …
45insurance claim — A claim for reimbursement from the insurance company when the insured has suffered a loss that is covered under an insurance policy. Bloomberg Financial Dictionary * * * insurance claim insurance claim ➔ claim1 * * * insurance claim UK US noun… …
46insurance broker — A broker, independent of any insurance company, who represents the interests of the buyer in searching for insurance coverage at the lowest cost and providing the highest benefit to the buyer. Bloomberg Financial Dictionary * * * insurance broker …
47insurance — 01. After my father died, my wife and I decided to get life [insurance] to support our family in case either of us died unexpectedly. 02. My car [insurance] went up as a result of the accident. 03. After the fire, our house [insurance] replaced… …
48insurance agent — A person expressly or impliedly authorized by an insurance company to represent it in dealing with third persons in matters relating to insurance. 29 Am J Rev ed Ins § 135. One who represents an insurance company as a solicitor of business or as… …
49insurance broker — One who acts as a middleman between the insured and the insurer, and who solicits insurance from the public under no employment from any special company, but having secured an order, either places the insurance with a company selected by the… …
50Insurance bond — An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment. Due to tax laws they are a common form of investment in the UK and some offshore centres.Traditionally insurance bonds were with… …
