Hazard telephone contact -Guide Goo

Insurance Glossary

Hazard circumstance which tends to increase the probability or severity of a loss. What is Hazard , What does mean Hazard , Insurance Guide, Insurance Glossary

Related Hazard Articles

Vision Insurance Glossary

Vision limited benefit expense policies. Provides benefits for eye care and eye care accessories. Generally provides a stated dollar amount per annual eye exami... more
Authorized Control Level Risk Based Capital Insurance Glossary

Authorized Control Level Risk Based Capital theoretical amount of capital plus surplus an insurance company should maintain. What is Authorized Control Level... more
Condos Insurance Glossary

Condos homeowners insurance sold to condominium owners occupying the described property. What is Condos , What does mean Condos , Insurance Guide, Insurance G... more
Policy Reserve Insurance Glossary

Policy Reserve the amount of money allocated specifically for the fulfillment of policy obligations by a life insurance company; reserves are in place to safegu... more
Actuarial Report Insurance Glossary

Actuarial Report (PC Insurance)a document or other presentation, prepared as a formal means of conveying to the state regulatory authority and the Board of Dire... more
Commercial Farm and Ranch Insurance Glossary

Commercial Farm and Ranch a commercial package policy for farming and ranching risks that includes both property and liability coverage. Coverage includes barns... more
Collar Insurance Glossary

Collar an agreement to receive payments as the buyer of an Option, Cap or Floor and to make payments as the seller of a different Option, Cap or Floor. What i... more
Automobile Liability Insurance Insurance Glossary

Automobile Liability Insurance coverage for bodily injury and property damage incurred through ownership or operation of a vehicle. What is Automobile Liabili... more
Nationally Recognized Statistical Rating Organization (NRSRO) Insurance Glossary

Nationally Recognized Statistical Rating Organization (NRSRO) refers to rating organizations so designated by the SEC whose status has been confirmed by the Sec... more
Third Party Insurance Glossary

Third Party person other than the insured or insurer who has incurred losses or is entitled to receive payment due to acts or omissions of the insured. What i... more
Permanent Life Insurance Insurance Glossary

Permanent Life Insurance policy that remains active for the life of the insured. What is Permanent Life Insurance , What does mean Permanent Life Insurance ,... more
Capital and Surplus Insurance Glossary

Capital and Surplus a company's assets minus its liabilities. What is Capital and Surplus , What does mean Capital and Surplus , Insurance Guide, Insurance Gl... more
Contract Reserves Insurance Glossary

Contract Reserves reserves set up when, due to the gross premium structure, the future benefits exceed the future net premium. Contract reserves are in addition... more
Financial Responsibility Law Insurance Glossary

Financial Responsibility Law a statute requiring motorists to show capacity to pay for automobile related losses. What is Financial Responsibility Law , What d... more
ALAE Insurance Glossary

ALAE an estimate of the claims settlement associated with a particular claim or claims. What is ALAE , What does mean ALAE , Insurance Guide, Insurance Glossa...
Commercial Property Insurance Glossary

Commercial Property property insurance coverage sold to commercial ventures. What is Commercial Property , What does mean Commercial Property , Insurance Guid... more
Employee Benefit Liability Insurance Glossary

Employee Benefit Liability liability protection for an employer for claims arising from provisions in an employee benefit insurance plan provided for the econom... more
Loss Reserve the amount Insurance Glossary

Loss Reserve the amount that insurers set aside to cover claims incurred but not yet paid. What is Loss Reserve the amount, What does mean Loss Reserve the am... more
Direct Written Premium Insurance Glossary

Direct Written Premium total premiums received by an insurance company without any adjustments for the ceding of any portion of these premiums to the Reinsurer.... more
Excess Workers' Compensation Insurance Glossary

Excess Workers' Compensation either specific and/or aggregate excess workers' compensation insurance written above an attachment point or self insured retention... more
Policyholders Surplus Insurance Glossary

Policyholders Surplus assets in excess of the liabilities of a company or net income above any monies indebted to legal obligation. What is Policyholders Surp... more

1	Statutory Accounting
2	Replacement Cost
3	Arbitration
4	Individual Annuities Deferred Variable
5	Joint Underwriting Association (JUA)
6	Individual Annuities
7	Direct Writer
8	Bodily Injury
9	Insurance Regulatory Information System (IRIS)
10	Nuclear Energy Liability
11	Stock Insurance Company

1	Bonds
2	Warrant
3	Boiler & Machinery or Equipment Breakdown & Machinery
4	Life Flexible Premium Adjustable Life
5	Pro rata (proportional) Reinsurance portion
6	Bodily Injury
7	Casualty Insurance
8	Independent Contractor
9	Investment Income Due
10	Carrying Value (Amount)
11	Credit - Assumption Agreement
12	Financial Responsibility Law
13	Subsequent Event
14	Manufacturers Output Policies
15	Morbidity