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


- costs expected to be sustained in connection with the adjustment and recording of mishap and health, automobile 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 actual claim are submitted to the insurance coverage company during the policy term - an approach of figuring out rates for all applicants within a given set of attributes such as personal group and geographic place.


If the insured fails to maintain the amount defined in the provision (Normally a minimum of 80%), the insured shares a higher percentage of the loss. In medical insurance a percentage of each claim that the guaranteed will bear. - a contract to receive payments as the purchaser of an Option, Cap or Floor and to make payments as the seller of a various Alternative, Cap or Flooring.




Consist of under this type of insurance multi-peril policies (other than farmowners, homeowners and automobile policies) that include protection for liability besides automobile. - offers a broad plan of property and liability protections for industrial ventures aside from those provided insurance coverage through a company owner policy. - home insurance coverage offered to industrial endeavors.

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- policy appointing lender as beneficiary for insurance on a debtor thereby remitting balance of payment to financial institution upon death of debtor. - insurance written in connection with a credit transaction where the security is not a motor automobile, mobile house or real estate which covers hazards to the items purchased through a credit transaction or utilized as security for a credit deal which concerns a lender's interest in the purchased products or vowed collateral, either in entire or in part; or covers hazards to products bought in connection with an open-end deal.


"Creditor Placed Home" means "Financial institution Placed Insurance coverage" on homes, mobile homes and other real estate. "Creditor Placed Vehicle" suggests insurance coverage on vehicles, boats or other automobiles. - part of the risk-based capital formula that deals with the collectability of a business's receivables and the risk of losing a company or intermediary that has gotten advance capitation payments.




- single interest or dual interest credit insurance purchased unilaterally by the creditor, who is the named insured, subsequent to the date of the credit deal, offering protection against loss to property that would either hinder a financial institution's interest or negatively affect the worth of collateral on homes, mobile homes, and other realty.


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

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- policies providing just dental treatment advantages such as regular oral evaluations, preventive dental work, and oral treatments required to treat dental caries and illness of the teeth and jaw. - industry providing oral only protection; coverage can be on a stand-alone basis or as a rider to a medical policy.


- loss whereby the proximate cause Visit Your URL is equivalent to the insured hazard. - Damage to covered real or personal effects brought on by a covered hazard. austin tx insurance agency. - an insurer that offers policies to the guaranteed through employed agents or special representatives only; reinsurance companies that deal straight with delivering companies instead of utilizing brokers.


- a refund of a portion of the premium paid by the guaranteed from i thought about this insurance company surplus. - an insurer that is domiciled and certified in the state in which it sells insurance. - insurance that protects the financial institution's and the debtor's interest in the collateral securing the debtor's credit deal.


- the quantity at which a possession (or liability) might be bought (or incurred) or offered (or settled) in a current transaction between prepared parties, that is, besides in a required or liquidation sale. Priced estimate market value in active markets are the best evidence of reasonable value and shall be utilized as the basis for the measurement, if available.

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- crop insurance protection that is either completely or in part reinsured by the Federal Crop Insurance Corporation (FCIC) under the Standard Reinsurance Contract (SRA). This consists of the following items: Numerous Peril Crop Insurance (MPCI); Catastrophic Insurance, Crop Earnings Protection (CRC); Earnings Defense and Earnings Guarantee. - costs sustained but not yet paid. austin health insurance broker.


Statutory rules also govern how insurance providers must develop reserves for invested properties and claims and the conditions under which they can declare credit for click now reinsurance delivered. - a statute needing vehicle drivers to reveal capacity to spend for automobile-related losses. - balance sheet and revenue and loss declaration of an insurance coverage company.




- protection securing the insured against the loss to genuine or individual property from damage brought on by the hazard of fire or lightning, including organization disruption, loss of leas, and so on - coverage for home loss liability as the outcome of different irresponsible acts and/or omissions of the insured that permits a dispersing fire to cause bodily injury or property damage of others.


- protection protecting the insured versus loss or damage to real or personal property from flood. (Note: If coverage for flood is used as an extra hazard on a property insurance policy, submit it under the appropriate property insurance coverage filing code.) - an insurance coverage company offering policies in a state other than the state in which they are integrated or domiciled.