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Definitions of insurance policy
Definition that contains insurance policy
  • insured a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc.
  • floater an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
  • deductible a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
  • policyholder a person who holds an insurance policy; usually, the client in whose name an insurance policy is written
  • insurance claim demand for payment in accordance with an insurance policy
  • double indemnity a clause in an insurance policy that provides for double the face value of the policy in the case of accidental death
  • insured person a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc.
  • viaticus settlement sale of an insurance policy by a terminally ill policy holder
  • floating policy an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
  • viatical settlement sale of an insurance policy by a terminally ill policy holder
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