Selling Agents
Definition of "Selling agents"
Coverage that provides for the indemnification of a salesperson for the amount of his or her lost commission on a product to be sold that cannot be produced because of damage incurred by the manufacturer or that, once produced, cannot be delivered by the manufacturer because of damage incurred.
Popular Insurance Terms
Number of times a loss occurs. ...
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Costs associated with renewal commissions as a percentage of the renewal premiums, and the servicing charges for previously issued insurance policies. ...
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Provision in health insurance under which an insured disabled person is required to undertake (and is reimbursed for) expenses associated with vocational rehabilitation for retraining to ...
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Insurance company whose domicile is in a state other than the one in which the company is writing business. ...
Legal case in which the United States Supreme Court held that pension assets are to be excluded from the bankruptcy estate of the plan participant. ...
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