Vocabulary For Insurance Industry
A person who calculates the value of something eg.
Vocabulary for insurance industry. The overall aim of the code is to raise service standards across the general insurance industry. A person who calculates risks for insurance companies. An application for payment under an insurance policy to make a claim v. Essential insurance vocabulary and words.
Insurance insurance terms vocabulary lesson in this lesson students learn useful terms used to talk about insurance especially auto insurance. Adjustable life insurance. Doc word97 the insurance vocabulary list accident insurance covers the medical expenses as the result of a bodily injury or death. Insurance vocabulary i have created some simple insurance vocabulary worksheets for my students based on the following master vocabulary list.
Iec developed the general insurance code of practice the code. Insurance vocabulary here you will find the essential insurance vocabulary and the meaning of words such as continuous insurance consequential loss cover insurer insurance broker liability coverage limits of insurance reinsurance and more. For additional information on insurance vocabulary be sure to browse our glossary page. With reference to estate tax it refers to the the sum total value of the decedent s assets plus additions less the total value of all debts.
Maggie loves maths so she s thinking of becoming an actuary. An life insurance policy whereby the policyholder has the right to change any of the following parameters premium amount premium frequency policy term death benefit. The vocabulary is suitable for business or general english students. A building car etc the assessor said our house is worth over 200 000.
The code is a self regulatory form of regulation that is the insurance industry not the government is responsible for making it work. Assurance maladie santé health insurance assurance responsabilité civile public liability insurance assurance risque pays country risk insurance assurance tous risques all risks full comprehensive insurance assurance vie life insurance assurance vol et incendie fire and theft insurance assurance voyage travel insurance. Insurance industry and with the assistance of the insurance enquiries and complaints ltd. Adjusted gross estate.
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