Amman: Broken clouds, 13 °C

Insurance terms & glossary
A (4) | B (4) | C (8) | D (5) | E (6) | F (2) | G (2) | H (1) | I (5) | L (2)
  • Earned Premium

    That portion of premium earned or charged for the period of time a policy remained effective.

  • Employers Liability Insurance

    Coverage for legal liability imposed on an employer to pay damages to an employee injured by the employer's negligence.

  • Endorsement

    An amendment added to a written document, particularly an agreement between parties, altering its provisions.

  • Exclusion

    Risks, perils or properties defined in the policy as not covered.

  • Explosion

    A rupture of a pressure vessel of some kind due to excessive internal pressure (usually accompanied by a loud noise).

  • Exposure

    The hazard threatening a risk because of external or internal physical conditions.

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