- Someone who represents an agency or corporate entity that is licensed to sell and finalize contracts acting on behalf of an agency.

- A verbal or written request for assistance or employment or admission to a school.

- A transfer of something from one person to another, especially property, or a claim or right; the document that effects this transfer.

- General form used for reporting insurance claims for natural disasters, vehicle collisions, and property damage.

- Natural person or other legal entity that receives money or other benefits from a benefactor.

- Covers bodily injury sustained by a person.

- Broadly speaking, it may be defined as a list of individual insurances, usually written in a separate policy, in three broad categories: third party or liability, disability or accident and health, material damage. One of the results of comprehensive policy-writing …. is to raise the question of the usefulness of the traditional concept of casualty insurance … some insurance men predict that the casualty insurance of the future will include liability and disability lines only.

- A legal action to obtain money, property, or the enforcement of a right against another party. The legal document which carries a claim is called a statement of claim. It can be any communications notifying the addressee of alleged faulty execution which resulted in damages, often expressed in amount of money the party should pay or reimburse.

- Can pay for damages to an insured automobile in many areas that are non-automobile collision damages.

- Pays for damages done to an insured party’s car when involved in an automobile collision.

- Agreed upon terms of payment to a beneficiary when the policy holder has become deceased.

- Amount of money paid by the insured party that is not paid by your insurance company during a claim.

- A ban placed within an insurance policy on certain items, people, areas of commerce, residential, and property.

- Debts resulting from a person or persons death. These include any outstanding debts with banks, loans, taxes, and funeral costs.

- The payment of an insurance policy resulting from someone’s death, written and stated in an insurance policy.

- Insurance designed to cover the entire loss of any vehicle in all aspects including liability, traffic collisions, and non vehicle collisions.

- A time past the deadline for an obligation during which a late penalty that would have been imposed is waived.

- A legal concept which means serious carelessness.

- In law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed and known small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance.

- Usually an insurance company that provides coverage through contracts.

- A period of time in which a party (such as a company, corporation, or person) is without coverage of an insurance policy.

- A form of security for a debt, loan, or contract. Agreed upon by the insurer and the insured.

- A statistical calculation of the length of life, for a person.

- A contract between the policy owner and the insurer, where the insurer agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual’s or individuals’ death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals or in lump sums. In the United States, the predominant form simply specifies a lump sum to be paid on the insured’s demise.

- The amount paid by an insurance company in the event that insured property is damaged.

- Costs of hospitalization in either inpatient or outpatient care.

- The lowest value covered by an insurance policy.

- The state or fact of exclusive rights and control over property, which may be an object, land/real estate or intellectual property.

- Dangers faced while working or being employed within certain occupations or corporations.

- Injury to a person’s body, mind, or emotional state.

- A written contract from an insurance company between the insurance company and the insured.

- The amount paid to an insurance company either monthly or in its entirety in exchange for being insured by an insurance company.

- Measurement of injury, or damages.

- Life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments and/or conditions. If the insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is the most inexpensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis.

- Someone that is employed by an insurance company. Their job is to measure and determine the risks of insuring persons or property.

- A type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value. The cash value is credited each month with interest, and the policy is debited each month by a cost of insurance charge, and any other policy charges and fees which are drawn from the cash value if no premium payment is made that month. The interest credited to the account is determined by the insurer; sometimes it is pegged to a financial index such as a bond or other interest rate index.

- A life insurance policy that remains in force for the insured’s whole life and requires (in most cases) premiums to be paid every year into the policy.