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- a professional classification awarded by the American Institute of Property and Casualty Underwriters to individuals in the residential or commercial property and liability insurance field who pass a series of tests in insurance coverage, danger management, economics, financing, management, accounting, and law. Designates must also have at least 3 years experience in the insurance coverage company or associated field.


- costs anticipated to be incurred in connection with the modification and recording of mishap and health, vehicle medical and employees' compensation claims. - A type of liability insurance coverage form that only pays if the both event that triggers (triggers)the claim and the real claim are sent to the insurance provider throughout the policy term - a method of figuring out rates for all applicants within a provided set of attributes such as individual demographic and geographic place. san antonio insurance company.




If the insured fails to preserve the amount specified in the clause (Usually a minimum of 80%), the insured shares a higher proportion of the loss. In medical insurance a portion of each claim that the guaranteed will bear. - a contract to get payments as the buyer of an Option, Cap or Flooring and to pay as the seller of a various Choice, Cap or Flooring.


Include under this type of insurance coverage multi-peril policies (aside from farmowners, house owners and auto policies) that include coverage for liability aside from automobile. - supplies a broad bundle of residential or commercial property and liability coverages for commercial endeavors besides those offered insurance through a business owners policy. - home insurance coverage sold to commercial endeavors.

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- policy assigning lender as recipient for insurance coverage on a debtor therefore remitting balance of payment to lender upon death of debtor. - insurance coverage written in connection with a credit deal where the security is not a motor vehicle, mobile home or realty and that covers dangers to the products bought through a credit transaction or used as security for a credit deal which issues a lender's interest in the purchased items or pledged security, either in entire or in part; or covers perils to products bought in connection with an open-end deal.


"Financial Institution Placed House" suggests "Financial institution Placed Insurance coverage" on houses, mobile houses and other property. "Creditor Placed Automobile" indicates insurance on vehicles, boats or other cars. - part of the risk-based capital formula that deals with the collectability of a company's receivables and the risk of losing a service provider or intermediary that has gotten advance capitation payments.


- single interest or double interest credit insurance bought unilaterally by the creditor, who is the called insured, subsequent to the date of the credit deal, offering coverage against loss to property that would either hinder a financial institution's interest or negatively affect the worth of security on homes, mobile homes, and other genuine estate.


- protection for crop damage due to hail, fire or lightning. - date when an insurance provider issues a policy. - policy statements concerning the applicant and property covered such as group and occupational info, residential or commercial property specifications and anticipated mileage annually. - Portion of the insured loss (in dollars) paid by the policy holder - annuity payment to be made as a single payment or a series of installments to begin at some future date, such as in a defined number of years or at a defined age.

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- policies offering just dental treatment benefits such as regular oral evaluations, preventive dental work, and oral procedures needed to deal with tooth decay and diseases of the teeth and jaw. - industry supplying dental just protection; coverage can be on a stand-alone basis or as a rider to a medical policy.


- loss whereby the near cause is comparable to the insured hazard. - Damage to covered genuine or personal property triggered by a covered peril. - an insurance business that sells policies to the guaranteed through employed representatives or unique agents just; reinsurance business that deal directly with delivering business instead of using brokers.




- a refund of a portion of the premium paid by the insured from insurance company surplus. - an insurance provider that is domiciled and licensed in the state in which it sells insurance. - insurance coverage that secures the financial institution's and the debtor's interest in the security securing the debtor's credit transaction.




- the quantity at which a property (or liability) might be purchased (or sustained) or sold (or settled) in a present deal in between prepared celebrations, that blog is, besides in a forced or liquidation sale. business insurance san antonio. Quoted market prices in active markets are the very best proof of reasonable value and shall be used as the basis for the measurement, if available.

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- crop insurance coverage that is either entirely or in part reinsured by the Federal Crop Insurance Coverage Corporation (FCIC) under the Requirement Reinsurance Contract (SRA). This consists of the following products: Several Peril Crop Insurance (MPCI); Catastrophic Insurance Coverage, Crop Revenue Coverage (CRC); Income Defense and Revenue Assurance. - charges sustained but not yet paid.


Statutory rules likewise govern how insurers ought to develop reserves for invested possessions and claims and the conditions under which they can claim credit for reinsurance delivered. - a statute needing vehicle drivers to show capability to spend for automobile-related losses. - balance sheet and earnings and loss statement of an insurer.


- coverage securing the guaranteed versus the loss to genuine or personal effects from damage brought on by the danger of fire or lightning, this consisting of business interruption, loss of rents, and so on - protection for home loss liability as the outcome of different irresponsible visit the site acts and/or omissions of the guaranteed that permits a dispersing fire to trigger bodily injury or home damage of others - insurance in san antonio tx.




- protection safeguarding the guaranteed against loss or damage to genuine or personal effects from flood. (Note: If coverage for flood is provided as an extra peril on a home insurance plan, submit it under the appropriate home insurance filing code.) - an insurer selling policies in a state besides the state in which they are included or domiciled.