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- an expert designation awarded by the American Institute of Residential Or Commercial Property and Casualty Underwriters to persons in the home and liability insurance field who pass a series of exams in insurance, risk management, economics, finance, management, accounting, and law. Designates need to likewise have at least three years experience in the insurance coverage company or related field.


- expenses anticipated to be incurred in connection with the change and recording of mishap and health, vehicle medical and employees' compensation claims. - A kind of liability insurance coverage form that just pays if the both event that causes (triggers)the claim and the actual claim are sent to the insurance company throughout the policy term - an approach of determining rates for all applicants within a provided set of attributes such as individual demographic and geographical place. san antonio commercial insurance.




If the insured fails to maintain the quantity defined in the provision (Normally at least 80%), the insured shares a greater percentage of the loss. In medical insurance a percentage of each claim that the guaranteed will bear. - a contract to receive payments as the buyer of an Alternative, Cap or Flooring and to pay as the seller of a various Alternative, Cap or Flooring.


Consist of under this kind of insurance multi-peril policies (besides farmowners, property owners and auto policies) that consist of protection for liability other than car. - provides a broad plan of residential or commercial property and liability coverages for industrial ventures other than those supplied insurance coverage through a company owners policy. - property insurance coverage sold to business ventures.

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- policy appointing creditor as beneficiary for insurance on a debtor consequently remitting balance of payment to lender upon death of debtor. - insurance coverage composed in connection with a credit transaction where the collateral is not an automobile, mobile house or genuine estate which covers dangers to the products bought through a credit deal or used as collateral for a credit transaction which issues a financial institution's interest in the purchased goods or vowed security, either in entire or in part; or covers perils to goods bought in connection with an open-end deal.


"Creditor Placed Home" means "Creditor Placed Insurance coverage" on houses, mobile houses and other realty. "Creditor Placed Auto" means insurance coverage on vehicles, boats or other cars. - part of the risk-based capital formula that attends to the collectability of a company's receivables and the risk of losing a service provider or intermediary that has received advance capitation payments.


- single interest or double interest credit insurance coverage bought unilaterally by the creditor, who is the named insured, subsequent to the date of the credit transaction, providing coverage versus loss to home that would either impair a creditor's interest or negatively affect the value of security on homes, mobile homes, and other real estate.


- coverage for crop damage due to hail, fire or lightning. - date when an insurance coverage company provides a policy.

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- policies supplying only oral treatment benefits such as routine dental evaluations, preventive dental work, and dental treatments needed to deal with tooth decay and illness of the teeth and jaw. - line of service providing oral just coverage; protection can be on a stand-alone basis or as a rider to a medical policy.


- loss whereby the proximate cause is comparable to the insured peril. - Damage to covered real or individual residential or commercial property triggered by a covered peril. - an insurance coverage company that sells policies to the guaranteed through salaried representatives or unique agents only; reinsurance business that deal straight with ceding business rather of using brokers.




- a refund of a part of the premium paid by the guaranteed from insurance provider surplus. - an insurer that is domiciled and licensed in the state in which it offers insurance coverage. - insurance that safeguards the financial institution's and the debtor's interest in the security protecting the debtor's credit deal.




- the quantity at which a property (or liability) might be purchased (or sustained) or sold (or settled) in a present transaction between willing celebrations, that is, aside from in a required or liquidation sale. business insurance san antonio. Priced estimate market value in active markets are the finest evidence of fair value and will be utilized as the basis for the measurement, if available.

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- crop insurance protection that is either entirely or in part reinsured by the Federal Crop Insurance Corporation (FCIC) under the Standard Reinsurance Arrangement (SRA). This includes the following products: Multiple Danger Crop Insurance Coverage (MPCI); Catastrophic Insurance Coverage, Crop Income Coverage (CRC); Earnings Defense and Profits Guarantee. - fees incurred but not yet paid.


Statutory guidelines likewise govern how insurers must establish reserves for invested possessions and claims and the conditions under which they can declare credit for reinsurance delivered. - a statute needing motorists to show capacity to pay for automobile-related losses. - balance sheet and earnings and loss statement of an insurer.


- coverage safeguarding the guaranteed versus the loss to real or personal effects from damage triggered by the hazard of fire or lightning, useful source consisting of organization interruption, loss of rents, and so on - protection for home loss liability as the outcome of different irresponsible acts and/or omissions of the guaranteed that allows a spreading fire to cause bodily injury or residential or commercial property damage of others - san antonio business insurance.




- protection protecting the guaranteed versus loss or damage to real or personal effects from flood. (Note: If coverage for flood is used as an additional danger on a home insurance plan, file it under the relevant property my response insurance filing code.) - an insurance provider offering policies in a state other than the state in which they are fredloya incorporated or domiciled.