Assurance

Assurance

Definition: Assurance is a type of insurance or financing that provides compensation in the event of a loss. An assurance …

Read more

Apportionment

Apportionment

Definition: An apportionment occurs when someone applies for insurance on a given piece of property, and the insurance company divides …

Read more

Annuity

Annuity

Definition: An annuity is a retirement plan in which an individual or business purchases an insurance contract that provides income …

Read more

Annuitant

Annuitant

Definition: An annuitant is an individual or a business entitled to receive payments from a pension or annuity investment despite …

Read more

All Risks

All Risks

Definition: As used in insurance, the phrase “all risks”, as used in insurance, refers to the fact that an insurance …

Read more

Adjuster

Adjuster

Definition: An adjuster is a person who works for an insurance company or another entity that makes insurance claims on …

Read more

Actuarial Science

Actuarial Science

Definition: Actuarial science is an umbrella term for the entire area of risk assessment and management, including portfolio management and …

Read more

Act of God

Act of God

Definition: Act of God is defined as an event not directly caused by human activity but instead caused by some …

Read more