Terms with Tag Insurance

  • Water Damage Legal Liability Insurance — Definition,
    • Insurance that covers policyholders for liability from water damage to another party's property.
  • Water Exclusion Clause — Definition,
    • A provision that gives an insurer the option to deny coverage for certain kinds of water damage.
  • Watercraft Non-owned Insurance — Definition,
    • Insurance that covers damages to watercraft not owned by the policyholder.
  • Wear and Tear Exclusion — Definition,
    • A provision that absolves an insurer from paying for damages resulting from an asset's normal wear and tear.
  • Whole Life (WL) — Acronym, Very Important,
    • Permanent life insurance with level premiums for the policyholder's entire lifetime.
    ➥ A life insurance policy.
  • Whole Life Insurance — Definition,
    • Permanent life insurance with level premiums for the policyholder's entire lifetime.
  • Wholesale Insurance — Definition,
    • A form of insurance used by small businesses to provide benefits for employees.
  • Windstorm Insurance — Definition,
    • Insurance that covers damages resulting from windstorms.
  • Winter Range Form — Definition,
    • Insurance that covers damages to animals and livestock due to winter weather.
  • With Particular Average (WPA) — Acronym,
    • With-Profits Policy — Definition,
      • Insurance that pays the policyholder a portion of the insurer's profits.
    • Without Evidence of Insurability — Definition,
      • Applying for insurance coverage without the insurer requiring the individual to take a medical examination.
    • Wool Growers Floater — Definition,
      • Insurance that covers those who own, store, or transport sheep and wool.
    • Work and Materials Clause — Definition,
      • A provision that allows the policyholder to store certain materials in insured property if needed by their line of work.
    • Workers Compensation (W/C) — Acronym,
        ➥ An insurance policy.
      • Workers Compensation Board (WCB) — Company, Canada, Important,
        • Workers Safety and Insurance Board (WSIB) — Company,
          • Workplace Safety and Insurance Act (WSIA) — Acronym, Ontario, Canada,
              ➥ Administrated by the Workplace Safety and Insurance Board (WSIB).
            • Workplace Safety and Insurance Board (WSIB) — Company, Ontario, Canada,
              • The WSIB is responsible for administering the Workplace Safety and Insurance Act (WSIA), Ontario’s no-fault workplace insurance for employers and their workers.
            • World Insurance — Definition,
              • Insurance that provides coverage worldwide.
            • Wrap-Up Insurance — Definition,
              • Liability insurance that covers workers on large-scale construction projects.
            • Yacht Damage Waiver (YDW) — Acronym,
              • Yacht Insurance — Definition,
                • Insurance that covers yacht and pleasure boat owners for damages and liability.
              • Yearly Price Protection Method — Definition,
                • A calculation used to determine the annual cost of protection for insurance policies with savings components.
              • Yearly Probability of Dying — Definition,
                • The likelihood that an individual of a certain age and gender will die within a year.
              • Yearly Probability of Living — Definition,
                • The likelihood that an individual of a certain age and gender will still be alive after a year has passed.
              • Yearly Renewable Group Term Insurance — Definition,
                • A group insurance policy that is annually reviewed to keep premiums manageable.
              • Yearly Renewable Term (YRT) — Acronym, Important,
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