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- a professional 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 tests in insurance coverage, danger management, economics, financing, management, accounting, and law. Designates should also have at least three years experience in the insurance coverage organization or associated field.


- costs expected to be sustained in connection with the change and recording of mishap and health, car medical and workers' settlement claims. - A kind of liability insurance coverage type that only pays if the both occasion that causes (triggers)the claim and the real claim are submitted to the insurance provider during the policy term - a technique of determining rates for all candidates within a given set of attributes such as personal demographic and geographical place. insurance in san antonio texas.




If the insured fails to preserve the quantity defined in the clause (Generally at least 80%), the insured shares a higher proportion of the loss. In medical insurance a portion of each claim that the guaranteed will bear. - a contract to get payments as the purchaser of a Choice, Cap or Flooring and to pay as the seller of a different Alternative, Cap or Flooring.


Consist of under this type of insurance multi-peril policies (other than farmowners, homeowners and car policies) that consist of protection for liability aside from vehicle. - provides a broad package of home and liability protections for business endeavors aside from those supplied insurance coverage through a company owner policy. - residential or commercial property insurance coverage sold to business endeavors.

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- policy assigning creditor as recipient for insurance on a debtor therefore remitting balance of payment to creditor upon death of debtor. - insurance composed in connection with a credit transaction where the security is not an automobile, mobile house or property and that covers hazards to the goods bought through a credit deal or used as security for a credit deal which concerns a financial institution's interest in the purchased products or vowed collateral, either in whole or in part; or covers perils to products acquired in connection with an open-end transaction.


"Lender Placed House" implies "Financial institution Placed Insurance coverage" on houses, mobile homes and other property. "Creditor Placed Vehicle" implies insurance coverage on autos, boats or other vehicles. - part of the risk-based capital formula that resolves the collectability of a company's receivables and the risk of losing a supplier or intermediary that has actually received advance capitation payments.


- single interest or dual interest credit insurance bought unilaterally by the lender, who is the called insured, subsequent to the date of the credit deal, supplying coverage against loss to residential or commercial property that would either hinder a lender's interest or negatively impact the worth of security on houses, mobile houses, and other realty.


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

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- policies providing only oral treatment advantages such as regular oral evaluations, preventive dental work, and dental procedures needed to treat tooth decay and diseases of the teeth and jaw. - line of company providing dental just protection; coverage can be on a stand-alone basis or as a rider to a medical policy.


- loss whereby the near cause is comparable to the insured danger. - Damage to covered real or personal effects triggered by a covered hazard. - an insurance coverage business that offers policies to the insured through salaried agents or special agents only; reinsurance companies that deal straight with delivering business rather of utilizing brokers.




- a refund of a part of the premium paid by the guaranteed from insurance company surplus. - an insurance company that is domiciled and accredited in the state in which it offers insurance. - insurance coverage that secures the lender's and the debtor's interest in the collateral protecting the debtor's credit deal.




- the amount at which a property (or liability) could be bought (or sustained) or sold (or settled) in a present deal between ready parties, that is, besides in a required or liquidation sale. insurance in san antonio texas. Estimated market rates in active markets are the very best evidence of fair worth and shall be used as the basis for the measurement, if offered.

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- crop insurance coverage that is either entirely or in part reinsured by the Federal Crop Insurance Corporation (FCIC) under the Standard Reinsurance Arrangement (SRA). This consists of the following products: Numerous Danger Crop Insurance (MPCI); Catastrophic Insurance Coverage, Crop insurance in san antonio texas Profits Coverage (CRC); Earnings Security and Revenue Guarantee. - charges sustained however not yet paid.


Statutory rules likewise govern how insurance providers ought to develop reserves for invested possessions and claims and the conditions under which they can claim credit for reinsurance delivered. - a statute requiring vehicle drivers to show capacity to spend for automobile-related losses. - balance sheet and revenue and loss declaration of an insurance provider.


- coverage protecting the insured versus the loss to genuine or individual home from damage triggered by the danger of fire or lightning, including business disruption, loss of rents, and so on - protection for residential or commercial property loss liability as the result of different negligent acts and/or omissions of the guaranteed that allows a dispersing fire to trigger bodily injury or home damage of others - insurance san antonio tx.




- protection safeguarding the insured versus loss or damage to genuine or personal residential or commercial property from flood. (Note: If coverage for flood is used as an extra danger on a residential or commercial property insurance plan, file it under the applicable home insurance coverage filing code.) - an insurer offering policies in a state besides the state in which they are included or domiciled.