Glossary Terms
Business insurance uses many terms, acronyms, and jargon. Here you'll find explanations for the most commonly used terms related to business insurance.
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What Are Insurance Endorsements?
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What Is Coverage Territory?
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How Business Policies Cover 4 Different Types of Claims -
What Is an Insurance Binder?
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What Is an Insurance Exclusion?
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What Does the Insurance Services Office (ISO) Do?
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What Is Coinsurance?
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Meaning of the Care, Custody or Control Exclusion
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What Is a Cancellation Clause?
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What Are Insurance Conditions?
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What Is an Occurrence in a General Liability Policy?
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What Is a Legal Contract?
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What Does Additional Insured Mean?
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What Is Bodily Injury?
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Difference Between Comparative and Contributory Negligence
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What Is Vicarious Liability in Business Relationships?
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What Is Property Damage?
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How the NCCI Helps With Workers Compensation
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How Insurable Interest Afffects Your Recovery for a Claim
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How an Occurrence Policy Differs From a Claims-Made Policy
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What is the Meaning of Subrogation?
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What Does Concurrent Causation Mean?
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What Is an Omnibus Clause?
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