Categories: general
The written contract describing coverage, conditions, limits, and exclusions.
Related Articles:
- Glossary: Property damage [PD]Liability damage trigger term.
- Glossary: IndemnityCompensation for loss.
- Glossary: Extended reporting period (ERP) [ERP]Reporting extension for claims-made policies.
- Glossary: Facultative reinsuranceReinsurance for a specific risk.
- Glossary: Actual cash value (ACV) [ACV]Loss value concept based on depreciation/condition.
- Glossary: Replacement cost [RC]Cost to replace without depreciation deduction.
- Glossary: Bodily injury [BI]Liability injury trigger term.
- Glossary: Uninsured motorist (UM) [UM]Auto coverage for uninsured at-fault drivers.
- Glossary: Pre-existing conditionCondition existing before coverage effective date.
- Glossary: Benefit periodHow long benefits may be payable.
