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Insurance
The foundations of the insurance contract and its technique: risk pooling, covers, trigger bases, operating ratios, and the words every other category assumes are already known.
142 termsAdditional insuredAffirmative cyberAggregateAggregate limitAgreed valueAssistance coverAttritional lossesAutomated underwritingBarnier Fund (France)Bermuda FormBishopsgate bombing (London, 1993)Bodily injuryBump-up exclusionBusiness interruptionBusiness owner's policy (France, MRP)Change in control clause (D&O)Claims made and reportedClaims-made and occurrence basisClay shrink-swell subsidenceClimate transition riskCoinsuranceCombined ratioCommunicable disease exclusionCompulsory insuranceConnected home insuranceConsorcio de Compensación de Seguros (Spain)Contingent business interruption (CBI)Contractual liability exclusionCOPE (construction, occupancy, protection, exposure)Cross liability clauseDeductibleDeductible buy-backDelegated underwriting authority (MGA, binder)DepreciationDirectors' and officers' liability insurance (D&O)Duty of disclosureElectronic equipment insuranceEndorsementExcess and umbrella liabilityExclusion clauseExtended reporting periodExtremus (Germany)FAIR PlanFANAF (Federation of African National Insurance Companies)Financial interest clauseFinancial linesFlood Re (United Kingdom)Following formFrench CatNat scheme (natural disaster compensation)French interministerial nat cat commissionFundamental riskGAREATGeneral and specific policy conditionsGlass breakage coverGuaranteed asset protection insuranceHealth wearables in insuranceHindsight biasHome insurance (France)Hospital and health facility liability insuranceIBNR claims (Incurred But Not Reported)Indemnity principleIndian Market Terrorism Risk Insurance PoolIndustrial all risks property insuranceInherent viceInsurable interestInsurance fraudInsurance tower (layered program)International insurance programJoint War CommitteeKey personLegal expenses insuranceLifetime annuityLoss payeeLoss ratioLoss runMachinery breakdown insuranceMajor shareholder exclusionManaging agentMarine salvageMotor fleet insuranceMultiple insurance and other insurance clausesNamed perils and all risksNational Flood Insurance Program (NFIP)Natural hazard insurance (Germany)NBCR terrorismNHS Resolution and the Clinical Negligence Scheme for Trusts (CNST)NHT (Netherlands)NMA 2914 and NMA 2915 (Electronic Data Endorsements A and B)No cure, no payNon-rescission clauseNon-vitiation clauseNuclear verdictOutside directorship liability (ODL)Paris attacks of November 13, 2015Personal liability insurancePet insurancePhysical damage trigger (contingent business interruption)Pool RePremium payment clause (premium warranty)PremortemPresumptive indemnificationPrimary layerPrior knowledge exclusionProfessional liability insuranceProtection gapPublic and products liabilityPublic backstopRelated claimsReputational riskRetroactive dateRiots, strikes and civil commotion (SRCC)Risk pooling (mutualization)Risk survey (risk engineering)School insurance (France)September 11, 2001 attacksSilent solarSocial inflationStand-alone policyStatement of values (SOV)Statutory nat cat deductible (France)Sub-limitSubrogationTelematicsTelemedicine liabilityTerrorism exclusion clauseTerrorism Risk Insurance Act (TRIA)Theft coverTravel insuranceTRIP (Belgium)UnderwritingUnit-linked contractsUniversal life insuranceUnpaid rent insuranceUsage-based insuranceUtmost good faith (uberrima fides)Variable annuity with guarantees (GMxB)Waiting periodWar exclusion clause (NMA 464, LMA cyber war)War on land exclusion (Waterborne Agreement)War risk premiumWrite-backWrongful act