Directory of definitions of auto insurance
EVALUATED POLICY: A policy according to which the insurer pays a certain amount of money to the policyholder or on his behalf upon the occurrence of a certain loss. The amount of money is not related to the amount of the loss. An example is life insurance policies.
VANDALISM: malicious and often accidental destruction or damage to another person's property.
VALIDITY: A policy agreement that, for any reason specified in the policy, loses its legal force. One example in which a policy can be cancelled is when the information provided by the policy holder turns out to be false.
WAIVER: waiver of a right or privilege.
WATER DAMAGE INSURANCE: Protection is provided in most homeowners' insurance policies against sudden and accidental water damage, for example, as a result of burst pipes. Does not cover damage from problems caused by lack of proper maintenance, for example, from dripping air conditioners. Flood damage caused by water is covered by separate flood insurance policies issued by the federal Government.
WHOLE LIFE INSURANCE: The oldest type of life insurance with a monetary value, combining protection against premature death with a savings account. Premiums are fixed and guaranteed and remain unchanged throughout the life of the policy.
WORKERS' COMPENSATION: Insurance that pays for the medical care and physical rehabilitation of injured workers and helps to compensate for the loss of wages if they are unable to work. State laws, which vary considerably, regulate the amount of benefits paid and other compensation provisions.
FINAL INSURANCE: A common policy coordinated to cover liability risks for a large group of businesses that have something in common. It can be used for insurance of all enterprises working on a large construction project, for example, a residential complex.
WRITE: To insure, sign or accept an insurance application.
ADVANTAGES OF THE ACCIDENT
Car insurance, which pays for personal injuries to persons covered by the insurance policy.
DIRECT LOSS (OR DAMAGE) - A loss that is a direct consequence of a specific danger. Damage to the refrigerator by fire would be a direct loss. Spoilage of food in the refrigerator as a result of a fire will be an indirect loss. mostbet peru sitio de apuestas
VANDALISM: malicious and often accidental destruction or damage to another person's property.
VALIDITY: A policy agreement that, for any reason specified in the policy, loses its legal force. One example in which a policy can be cancelled is when the information provided by the policy holder turns out to be false.
WAIVER: waiver of a right or privilege.
WATER DAMAGE INSURANCE: Protection is provided in most homeowners' insurance policies against sudden and accidental water damage, for example, as a result of burst pipes. Does not cover damage from problems caused by lack of proper maintenance, for example, from dripping air conditioners. Flood damage caused by water is covered by separate flood insurance policies issued by the federal Government.
WHOLE LIFE INSURANCE: The oldest type of life insurance with a monetary value, combining protection against premature death with a savings account. Premiums are fixed and guaranteed and remain unchanged throughout the life of the policy.
WORKERS' COMPENSATION: Insurance that pays for the medical care and physical rehabilitation of injured workers and helps to compensate for the loss of wages if they are unable to work. State laws, which vary considerably, regulate the amount of benefits paid and other compensation provisions.
FINAL INSURANCE: A common policy coordinated to cover liability risks for a large group of businesses that have something in common. It can be used for insurance of all enterprises working on a large construction project, for example, a residential complex.
WRITE: To insure, sign or accept an insurance application.
ADVANTAGES OF THE ACCIDENT
Car insurance, which pays for personal injuries to persons covered by the insurance policy.
DIRECT LOSS (OR DAMAGE) - A loss that is a direct consequence of a specific danger. Damage to the refrigerator by fire would be a direct loss. Spoilage of food in the refrigerator as a result of a fire will be an indirect loss. mostbet peru sitio de apuestas
