Terms with Tag Insurance

  • Product Liability Insurance (PLI)Acronym,
    • Professional Indemnity Insurance (PII) Acronym, Very Important,
      • A class of insurance that covers liability for damages, which includes insurance types such as malpractice insurance and errors and omissions insurance.
      More commonly referred to as professional liability insurance.
    • Professional Liability (PL) Acronym,
      • Insurance that covers professionals for liabilities occurring due to negligence or harm in a product or service they provide.
      An Insurance policy.
    • Professional Liability Insurance (PLI) Acronym, Very Important,
      • Insurance that covers professionals for liabilities occurring due to negligence or harm in a product or service they provide.
    • Project Management Protective Liability (PMPL)Acronym,
      • Property and Casualty Insurance (P&C)Acronym, Very Important,
        • Property and Casualty Insurance Compensation Corporation (PACICC) Acronym,
          • Property Insurance Definition,
            • Insurance that provides coverage for damages to property from a number of perils.
          • Protection and Indemnity (PANDI)Acronym,
              Commonly known as P&I insurance.
            • Protection and Indemnity Insurance (P&I)Acronym,
                Liability insurance.
              • Province of Domicile Definition,
                • The province where an individual lives or intends to live permanently or for a long term, regardless of the individual's current location.
              • Prudential Retirement Insurance and Annuity Company (PRIAC) Company,
                • Public Service Death Benefit Account (PSDBA)Acronym, Canada,
                    (Consolidated Revenue Fund)
                  • Qualifying Event Definition,
                    • An event that qualifies for insurance coverage.
                  • Qualifying Life Event (QLE)Acronym, Very Important,
                      An event where you apply or change an insurance policy due to marriage, new dependants or employment status.
                    • Quality-Adjusted Life Year (QUALY)Acronym,
                      • Ransom and Kidnap (R&K)Acronym,
                          Travel insurance policy.
                        • Rate To Bottom Line (RTBL)Acronym,
                          • Re-entry Definition,
                            • The option to renew coverage at the end of a term, generally with level premiums.
                          • Real Estate Insurance Exchange (REIX)Company, Calgary, Alberta, Canada,
                            • Reciprocal Insurance Exchange Definition,
                              • A group of individuals, firms and corporations that mutually insure each other.
                            • Registered Financial Planner (RFP) Acronym,
                              • Registered Insurance Brokers of Ontario (RIBO) Company Est. 1981, Ontario, Canada, Important,
                                • Reinstatement Definition,
                                  • Resuming an insurance policy that has either lapsed or been terminated.
                                • Reinsurance Definition,
                                  • The process of one insurance company sharing liabilities from an insurance policy with another insurance company in order to lessen exposure, or in other words, insurance for insurers.
                                • Reinsurance Ceded Definition,
                                  • The amount of insurance that is reinsured with another insurance company.
                                • Reinsurance Earned Premiums (REP)Acronym,
                                  • Reinsurance Recoverables to Policyholder Surplus Definition,
                                    • A method used to determine how much an insurer relies on reinsurance.
                                  • Reinsurer Definition,
                                    • An insurance company that provides coverage for a portion of another insurance company's risk.
                                  • Renewable Term Definition,
                                    • An insurance policy that is can be renewed without needing the policyholder to re-qualify for insurance coverage.
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