tag:blogger.com,1999:blog-37132126650725855092026-03-11T03:26:58.557+05:30Know all the undisclosed facts of life insurance, health insurance, term life insurance, whole life insurance. Get insurance quotes onlines.Ojal Sutharhttp://www.blogger.com/profile/11656641937614531836noreply@blogger.comBlogger72125tag:blogger.com,1999:blog-3713212665072585509.post-49956091863201768982011-06-05T12:07:00.002+05:302011-06-13T12:12:31.316+05:30

Its a pleasure to inform that Team IT0091 has delivered the first lot of microsites to our client SecPoint.The process involved was very long as explained below: We do research on keywords required by the client, then check for the domain availability and search high traffic keywords. Then find out where it is available the cheapest.Our designer designs the layout for the site and we implement

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Before few days I wanted to print a collage poster and for that I tried in Udaipur Local Market but no one was ready to print a collage off 20x30 size. Then I started online hunt for a better printing service.I reviewed picsquare.com, snapfish.in, zoomin.com and gkvale.com. I tested the online uploader and collage designer but wasn't satisfied. Some had fixed layout and fixed background colors,

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I have the PDF version which can be downloaded from here.An obscure little book is capturing reader imagination like never before. 'When Money Dies' by Adam Fergusson was last heard retailing as high as Rs 73,000 at an online retailer! In fact, as per reports, this book has caught even Warren Buffett's fancy. The world's greatest investor has termed it a must read. Now, what exactly is this book

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Warranty A statement concerning the condition of the item to be insured which is made for the purpose of permitting the underwriter to evaluate the risk; if found to be false, it provides the basis for void of the policyWeekly benefits (for Personal Accident Insurance)They are paid for the period of temporary total disablement following an injury which is admissible under the policyWorkers

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Valuation Estimation of the value of an item, usually by appraisalValued PolicyAn insurance contract in which the value of the thing insured and the amount to be paid in case of total loss is settled at the time of making the policyVicarious Liability In law, liability arising out of imputed negligenceVoidOf no force or effect: nullVoid Contract A contract obtained by fraud is a void

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Uberrimae FideiMeans "Utmost Good Faith'. The basis of all insurance contracts - both parties to the contract are bound to exercise good faith and do so by a full disclosure of all information material to the proposed contract.Umbrella Liability Insures losses in excess of amounts covered by other liability insurance policies; also protects the insured in many situations not covered by the usual

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Tail coverage An extended reporting period extension under claims-made liability policies that provides coverage for losses that are reported after termination of the policyTechnical provisionAmount set aside on the balance sheet to meet liabilities arising out of insurance contracts, including claims provision (whether reported or not), provision for unearned premiums, provision for unexpired

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SalvageRecovery made by an insurance company by the sale of property which has been taken over from that insured as a part of loss settlement. The remains of damaged vehicle or any other propertySchedule A list of coverages or amounts concerning things or persons insuredSelf-InsuranceA form of risk financing through which a firm assumes all or a part of its own lossesSettlement A policy benefit

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Rate The pricing factor upon which the insurance buyer's premium is basedRecurring ClauseA provision in some health insurance policies, which specifies an period of time during which the recurrence of a condition is considered a continuation of a prior period of disability or hospital confinementReimbursement The payment of the expenses actually incurred as a result of a accident or sickness, but

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Quota Share Reinsurance It is an automatic reinsurance, whereby the ceding company is bound to cede a fixed percentage of every risk written by it irrespective of the size or quality of the risk.QuoteAn estimate of the cost of insurance, based on information supplied to the insurance company by the applicant.Related Posts:Life Insurance Glossary - ALife Insurance Glossary - BLife Insurance

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Package PolicyA combination of two or more individual polices into a single policy. A householders policy, for example, is a package policy.Partial Disability The result of an illness or injury which prevents an insured from performing on or more of the functions of his/her regular jobParticular AverageA term meaning an accidental and usually a partial loss suffered by one interest and not

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Obligatory TreatyA reinsurance contract under which business must be ceded in accordance with contract terms and must be accepted by the reinsurerOccupational Hazards Occupations which expose the insured to greater than normal physical danger by the very nature of the work in which the insured is engaged, and the varying periods of absence from the occupation, due to the disability, that can be

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Named Perils Policy Coverage in a property policy that provides protection against loss from only the perils specifically listed in the policy rather than protection from physical loss. Examples of named perils are fire, windstorm, theft, smoke, etc.NegligenceFailure to use that care which a reasonable and prudent person would have used under the same or similar circumstance. Negligence may be

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Manual A book of rates, rules, and coverages usually available for each kind of insuranceMargin of SolvencyThe total assets of an insurance company must exceed its liabilities (other than share capital) by a relevant amount, known as the margin of solvencyMarine Pertaining to the sea or to transportation: usually divided as to 'ocean marine' and 'inland marine'; the insurance covering

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Lapse Termination of a policy due to failure by the insured to pay the premium as requiredLarcenyThe unlawful taking, carrying, leading or riding away of another person's propertyLaw of large numbers While it is impossible to predict either the time or the loss amount of adverse events in relation to individuals, the averages for a sufficiently large set (of insureds) exhibit certain patterns of

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Key-Person Insurance Insurance designed to protect a business firm against the loss of income resulting from the death or disability of a key employee.Related Posts:Life Insurance Glossary - ALife Insurance Glossary - BLife Insurance Glossary - CLife Insurance Glossary - DLife Insurance Glossary - ELife Insurance Glossary - FLife Insurance Glossary - GLife Insurance Glossary - HLife Insurance

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Jettison Act of throwing overboard part of a vessel's cargo or hull in hopes of saving a ship from sinking.Jewelers Block InsuranceAn all risk insurance contract that provides jewelers with coverage to losses, which they would be exposed.Joint-and-Several Liability A legal principle that permits the injured party in a tort action to recover the entire amount of compensation due for injuries from

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IBNR (Incurred but not Reported) provision Provision for claims incurred but not reported by the balance-sheet date. That is, it is anticipated that there would be a number of policies that have, but for the advice of the claim to the insurer, occurred and therefore are likely to result in a liability on the insurer.The magnitude of this provision can be expected to reduce as the time since the

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Hail Insurance Form of insurance that protects against loss of crops from hailHazardA condition that creates or increases the probability of a lossHealth insurance A generic term applying to all types of insurance indemnifying or reimbursing for losses caused by bodily accident or sickness or for expenses of medical treatment necessitated by sickness or accidental bodily injury.House BreakingWhen

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General average (in marine insurance) A loss that must be borne partly by someone other than the owner of the goods that were lost or destroyed: for example, if it is necessary to jettison cargo to save a ship, the owners of the ship and the rest of the cargo that is saved will share in the loss of the goods that were intentionally sacrificed.General damagesDamages awarded to an injured persons

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Facultative Obligatory Treaty (Also Semi-obligatory Treaty) A reinsurance contact under which the ceding company may cede exposures or risks of a defined class that the reinsurer must accept if ceded.Facultative TreatyA reinsurance contract under which the ceding company has the option to cede and the reinsurer has the option to accept or decline classified risks of a specific business line. The

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Earned Premium Premium for which protection has been provided. When a premium is paid in advance for a policy period, the company 'earns'' a portion of that premium only as time elapses during that period.Effective dateThe date upon which the policy is put in force, the inception dateEmployers liabilityLegal liability imposed on an employer making him or her responsible to pay damages to an

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Days of Grace or Grace PeriodPeriod of time after the due date of a premium during which the policy remains in force (when both coverage of risk is available and also the premium can be paid without any late fees).Debris Removal Clause An extension to the standard policy to cover the cost of making a seriously fire-damaged building safe and removing debris.Declaration BasisAn arrangement whereby

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CancellationThe discontinuance of an insurance policy before its normal expiration date, either by the insured or the Insurance Company.Capacity The amount of capital with an insurance company as a whole for underwriting general insurance coverage.Capital sum insuredIt is the sum insured of a Person for which cover is sought under a Personal Accident Policy.Captive Agent An agent who, by contract

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BaileeOne who has custody of the property of another. Bailees "for hire" have certain responsibilities to care for the property of others that is in their custody.Basic Limit Usually refers to Liability of insurer indicating the lowest amount for which a policy can be written. This amount is either prescribed by law or company policy.Basic RateThe standard charge for a given type of risk for

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