This page will bring a great glossary from insurance coverage terms and you will meanings one are commonly found in the insurance company. The fresh new terms would be set in the fresh glossary through the years.

The fresh definitions in this glossary try produced by the newest NAIC Research and you will Actuarial Service teams predicated on individuals insurance policies references. This type of meanings portray a common or standard utilization of the label. Some conditions and you will/otherwise phrases is laid out in a different way by the other agencies, or included in a context in a way that the meaning shown may never be relevant.

A

Collision Simply – an insurance coverage offer that give exposure, singly or in integration, getting dying, dismemberment, handicap, or health and medical care caused by or necessitated since the a great result of accident or given types of crash.

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