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.
:max_bytes(150000):strip_icc()/GettyImages-494327789-1--584acfbe5f9b58a8cd203f53.jpg)
What are Endorsements?
:max_bytes(150000):strip_icc()/GettyImages-183326072-5c47607746e0fb0001a3d177.jpg)
The Meaning of "Coverage Territory"
-
How Business Policies Cover 4 Different Types of Claims
-
Insurance Binders - What are They?
-
What Is an Insurance Exclusion?
-
What Does the Insurance Services Office (ISO) Do?
-
Can Your Insurer Cancel Your Policy?
-
How Do Insurance Conditions Affect Your Policy?
-
What Is an Occurrence in a General Liability Policy?
-
When Does an Agreement Become a Legal Contract?
-
What the Definition of Bodily Injury Means in Most Insurance Policies
-
Difference Between Comparative and Contributory Negligence
-
What Is Vicarious Liability in Business Relationships?
-
What Does Property Damage Mean?
-
How Insurable Interest Afffects Your Recovery for a Claim
-
How an Occurrence Policy Differs From a Claims-Made Policy
-
What is the Meaning of Subrogation?
-
What Does Concurrent Causation Mean?
:max_bytes(150000):strip_icc()/GettyImages-182062550-56a0d31e3df78cafdaa56065.jpg)
:max_bytes(150000):strip_icc()/84955670-56a0d1e85f9b58eba4b424be.jpg)
:max_bytes(150000):strip_icc()/conceptual-image-for-insurance-protection-in-illustration--929675680-5b88635ac9e77c0050f925d5.jpg)
:max_bytes(150000):strip_icc()/GettyImages-170100407-581cf3f45f9b581c0b6ac463.jpg)
:max_bytes(150000):strip_icc()/paying-your-taxes-962717560-5bf24c65c9e77c00511d4bd7.jpg)
:max_bytes(150000):strip_icc()/GettyImages-85470178-59b1dccfaad52b0011b69082.jpg)
:max_bytes(150000):strip_icc()/GettyImages-88462097-5b7214ac46e0fb005003344c.jpg)
:max_bytes(150000):strip_icc()/GettyImages-697534309-5ac5301b0e23d90036d43b09.jpg)
:max_bytes(150000):strip_icc()/GettyImages-161933986-56a0d34f5f9b58eba4b42d5e.jpg)
:max_bytes(150000):strip_icc()/GettyImages-811124748-142699604dee4fbcb87b40d1bed01f7d.jpg)
:max_bytes(150000):strip_icc()/gavel--scales-of-justice-and-law-books-509557490-18f0fc4332eb4eafa04a9cd3b66aab00.jpg)
:max_bytes(150000):strip_icc()/GettyImages-97218582-5988be0e0d327a001142ffdf.jpg)
:max_bytes(150000):strip_icc()/GettyImages-467179419-5841fde25f9b5851e5711a51.jpg)
:max_bytes(150000):strip_icc()/GettyImages-140874392-11a491f33913497dbc1d76948a24a818.jpg)
:max_bytes(150000):strip_icc()/AN8356-001-56a0d2a43df78cafdaa55d98.jpg)