Insurance Terminology
Terminology by Policy Type
General terms
D
eductibles
Dynamic risks
Fundamental risks
Particular risks
Pure risks
Speculative risks
Static risks
Commercial Property Policy
168-hour provision
Actual cash value
Agreed Amount Coverage
Basic form (Cause of Loss)
Broad form
Builders risk coverage form
Building property
Business income
Business income - What is covered
Business income - Coinsurance
Business income - Covered causes
Business income - Optional coverages
Business income -
Tuition fees insurance
Business personal property
Business personal property coverage
Co-insurance
Conditions (commercial property policy)
Earthquake insurance
Falling objects
Glass breakage
Glass coverage form
Hostile fire
Inflation guard
Jewelry and furs limitations
Loss payable clause
Mortgagee
Mortgageholder
Pro-rata Distribution
Protection for 3rd party (mortgagee)
Proximate cause
Rev V vs Shaws V
Replacement cost
Special Form
Theft
Voluntary surrender or property
Value Reporting
Water damage
Commercial Package Policy
Building property
Business personal property
Conditions (common policy)
Personal Automobile Policy
C
ollision
Comprehensive
P
roperty
d
amage (PD)
Uninsured motorist
Dwelling/Homeowners Policy
Dwelling Policy DP1, DP2, DP3
Homeowner 1 (HO1)
Homeowner policies
Homeowner form - What is covered
Homeowner form - What is not covered
Homeowner 2 (HO2)
Homeowner 3 (HO3)
Homeowner 4 (HO4)
Homeowners 5 (HO5)
Homeowners 6 (HO6)
Homeowner 8 (HO8)
Medical Payments to Others
Personal Liability