Coverage for the accidental death, or the loss of limb or limbs as a result of participation in an insured activity or event.

A limit, specified in the policy, that is the maximum total amount that the policy will pay for all losses sustained during the policy period. Aggregate limits typically appear in general liability po [..]

A questionnaire which is filled out by a person seeking a coverage quotation from an insurance company. The questionnaire contains information required by the insuring company to evaluate the risk, un [..]

A contract under which one party's legal liability for damages is assumed by the other party to the contract.

An examination of the books of accounts, vouchers or other records of a person, corporation, firm or other organization for the purposes of ascertaining the accuracy or inaccuracy of the record (in in [..]

A clause in the policy that extends coverage to specified persons or organizations who may be involved in your activities or operations, without you having to specifically request them by name. Typica [..]

Protection for the insured (you) against loss arising out of legal action (liability) when his/her auto injures others or damage their property (includes Bodily Injury Liability and Property Damage Li [..]

The Collision and other than Collision coverage provisions in the automobile insurance policy.

A written document reflecting immediate insurance protection, valid for a specified period of time. Designed to provide temporary coverage until the actual policy can be issued. The binder provides a [..]

A blanket form is one in which property is insured under a single amount applying to several different pieces of property rather than a specific amount of insurance on each property.