Brokerage General Agent
Independent contractor of the insurance company who has the authority to appoint brokers on behalf of the insurance company. This supervisor has the objective and the responsibility to sell the insurance company's products to the appointed brokers who in turn sell these products to the general public.
Popular Insurance Terms
Authorization to borrow from the U.S. Treasury by the issuance of notes to the Treasury. The Secretary of the Treasury must approve the notes and their interest rates. The PBGC must be self ...
Attachment to a property insurance policy to protect the interest of the mortgagee in the mortgaged property. If the property is damaged or destroyed, the mortgagee is indemnified up to his ...
Additional amount of accidental death and dismemberment insurance not provided by the employee benefit plan (standard group life plan) that may be chosen by the employee. Generally, the ...
Federal statute that permits the self-employed a 100% tax deduction for the family health care expenses to include health insurance premiums, disability INCOME insurance premiums, and ...
Authority derived from an agent's contract with an insurance company. ...
Hospital charges in addition to room and board. Miscellaneous expenses are covered under a basic hospital plan, with the limits of coverage expressed either as a multiple of the daily ...
Insurance policies covering various business risks. ...
Total of operating income plus realized capital gains (losses) from investment and underwriting operations minus federal income taxes. ...
Same as term Office Burglary and Robbery Insurance: coverage for the office of a business, or an individual in a general office building or other structure. Includes burglary of a safe; ...
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