Categories: general
The written contract describing coverage, conditions, limits, and exclusions.
Related Articles:
- Glossary: Replacement cost [RC]Cost to replace without depreciation deduction.
- Glossary: CancellationTermination before expiration.
- Glossary: RenewalContinuation for a new 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: Additional insured [AI]Added insured status by endorsement.
- Glossary: Uninsured motorist (UM) [UM]Auto coverage for uninsured at-fault drivers.
- Glossary: Comprehensive (other than collision) [OTC]Auto physical damage other-than-collision.
