(from insurance)
81Catastrophe Insurance — Insurance to protect businesses and residences against natural disasters such as earthquakes, floods and hurricanes, and against man made disasters such as terrorist attacks. These low probability, high cost events are generally excluded from… …
82Accident insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
83Endowment insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
84Fire insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
85Life insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
86whole life insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
87Stranger-Owned Life Insurance - STOLI — Insurance that is purchased with the intent of eventually transferring ownership to a third party, usually investors. Stranger owned life insurance (STOLI) is generally described as the purchase and subsequent sale of a newly issued life… …
88fire insurance — insurance covering any loss or damage caused by fire. [1790 1800] * * * provision against losses caused by fire, lightning, and the removal of property from premises endangered by fire. The insurer agrees, for a fee, to reimburse the… …
89financial guarantee insurance — insurance created to cover losses from specified financial transactions. Bloomberg Financial Dictionary * * * financial guarantee insurance UK US noun [U] (also financial guaranty insurance) INSURANCE ► a type of insurance that a loan company can …
90credit insurance — insurance against abnormal losses due to unpaid accounts receivable. Bloomberg Financial Dictionary * * * credit insurance credit insurance ➔ insurance * * * credit insurance UK US noun [U] (also consumer credit insurance) ► INSURANCE …
