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Insurance


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actuary
a person who calculates risks for insurance companies
assessor
a person who calculates the value of something [eg: a building, car etc]
claim
an application for payment under an insurance policy (to make a *)
comprehensive
[of an insurance policy] all-inclusive; providing complete protection
consequential loss
a loss that happens as a consequence of or as a result of another
employer’s liability
liability or responsibility of a firm for damage caused to one of its employees
goods in transit
property, merchandise or any goods in the process of being transported
insurance broker
agent who arranges insurance; middleman between insurer & policyholder
liability
1) the state of being liable 2) anything for which a person is liable
liable
legally obliged to pay for damage, injury etc; responsible
loss
death, injury, damage etc that is the basis for a claim
loss adjuster
a person who assesses the amount of compensation arising from a claim
policy
a contract of insurance [eg: a product liability policy]
policyholder
the person to whom an insurance policy is issued
premium
payment, usually monthly, yearly etc, for an insurance policy
product liability
liability or responsibility of a firm for damage caused by one of its products
public liability
responsibility of a firm for damage caused to a member of the public
reinsurance
the insuring of a risk by one insurance company with another
risk
1) chance or possibility of injury, loss etc 2) person or thing causing risk