Business / Finance / Insurance: An insurance term referring to the relationship between a policy's insured person or property and the potential beneficiary. The beneficiary must have an insurable interest in the insured person or property to receive payment of the policy if the insured died while the policy was in force.
Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
Business / Finance / Multiple Peril Insurance: Insurance policy that covers a wide variety of property damage. MORE
Business / Finance / Municipal Bond Insurance: An insurance policy that guarantees payment on municipal bonds in the event the issuer defaults. MORE
Business / Finance / Life Insurance In Force: The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid. MORE
Business / Finance / Loss-Of-Income Insurance: Insurance coverage that will pay out income that a policyholder loses as a result of a disability, injury, or business disruption. MORE
Business / Real Estate / Owners Title Insurance: An insurance policy protecting the buyer for the amount of the purchase price in the event of a future title dispute. MORE