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A Glossary of Common Insurance TermsWhen purchasing business insurance, the terms and acronyms used by insurers can be daunting. This is a glossary of terms and acronyms used by insurers and insurance professionals.
Actual Cash Value
Definition of Actual Cash Value Additional Insured
Definition of Additional Insured Adjuster
Definition of Adjuster Agent
Definition of Agent Broker
Definition of Insurance Broker Business Owner's Policy
Definition of a Business Owner's Policy Coinsurance
Definition of coinsurance. Endorsement
Business insurance endorsement definition Exclusion
Definition of Exclusion. High Deductible Health Plans (HDHP
High Deductible Health Plan Definition Occurrence
Definition of Occurrence Primary Care Physician
Primary Care Physician Definition Reinsurance
Definition of Reinsurance Replacement Cost
Replacement Cost - Business Insurance Definition |
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