Business / Real Estate / Broad-Form Homeowners Policy: Covers falling objects, damage due to the weight of ice, snow or sleet, collapse of all or part of the building, bursting, cracking, burning or bulging of a steam or hot water heating system or of appliances used to heat water, accidental discharge, leakage or overflow of water or steam from within a plumbing, a heating or an air-conditioning system, freezing of plumbing, heating and air-conditioning systems and domestic appliances, and injury to electrical appliances, devices, fixtures and wiring from short circuits or other accidentally generated currents.
Policy Verb Synonyms: approach, procedure, (game) plan, design, scheme, programme, method, system, management, conduct, behavior, strategy, tactic(s), principle(s), protocol, regulation, rule, custom, way, practice, ways and means, action
Business / Taxes / Participating Policy: When policyholders have what is called a participating policy from a mutual insurance company, they are eligible to receive dividends based on the company’s financial performance. When claims are lo MORE
Business / Finance / Paid-Up Policy: A life insurance policy in which all premiums that are due have been paid. MORE