9.0/10 (7053 reviews)
It's quick & easy to find our best insurance deals. See how much you could save now! Find some of our cheapest quotes from top UK brands! Get a quote in minutes.
- Home Insurance
Compare great prices now.
Beat your renewal quote guarantee!
- Motorbike Insurance
Be ready for the road. Compare
motorbike insurance quotes today.
- Van Insurance
From big to small, we compare cover
for all van types. Get a quote now.
- Cheap Car Insurance
Compare car insurance today & see
if you could get yourself a bargain
- Home Insurance
Search results
A measure of the profitability of an insurer’s day-to-day underwriting activity. It is the ratio of claim-related losses (net of reinsurance) and expenses to earned premiums (net of reinsurance). Expense ratio is a measure of the level of expenses associated with underwriting activity.
Mar 10, 2020 · Health insurance documents often include the healthcare professional who treated you or handled your case. Here are some examples of abbreviations for professions that you might see in an insurance document. AHP - Allied Health Professional; CMIO - Chief Medical Information Officer; CMO - Chief Medical Officer; CNA - Certified Nurse Aide
- admin@yourdictionary.com
- 704 S State Rd 135 Suite D #421, Greenwood, 46143, IN
- (317) 534-6800
- Premiums. When you purchase an insurance policy, you'll be required to make regular payments, known as premiums. These payments are typically made monthly or annually and are the cost of maintaining your insurance coverage.
- Deductible. Think of a deductible as the money you have to shell out from your own pocket before your insurance kicks in to help cover your expenses. It's like the upfront cost you need to cover before your insurance really starts working for you.For example, if you have a $500 deductible and make a claim for $1,000, you'll need to pay $500, and your insurer will cover the remaining $500.
- Policyholder. The policyholder is the person who owns an insurance policy. This individual is responsible for paying premiums and making claims under the policy.
- Coverage Limit. Every insurance policy has a coverage limit, which is the maximum amount your insurer will pay out for a covered claim. It's crucial to understand your policy's limits to ensure you have adequate coverage.
Mar 11, 2022 · Insurance terms and acronyms can be confusing. Discover our insurance glossary for definitions of common insurance jargon & terminology.
NAIC’s consumer insurance glossary provides definitions of common insurance terms, helping consumers easily understand key concepts across health, auto, life, and home insurance. It is helpful for beginners and policyholders seeking explanations.
Learn the meaning behind common insurance terms and understand better why these coverages are vital to protect your business.
People also ask
What is Naic's Consumer Insurance glossary?
What is a certificate of insurance?
What is a car insurance policy?
What does rescission mean in insurance?
What is marine insurance?
This glossary provides insurance terms definition and explanation commonly used in insurance business world. Our insurance terms glossary is divided alphabetically by insurance terms in a quick reference guide to assist understanding the language commonly used by insurance companies.