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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Policy that remains in full force and effect for the life of the insured, with premium payments being made for the same period. ...

Coverage against all liability exposures of a business unless specifically excluded. Coverage includes products, completed operations, premises and operations, elevators, and independent ...

Entitlement to pension benefits without a reduction, even though an employee is no longer in the service of an employer at retirement. For example, under the ten year vesting rule, an ...

Automatic right of an insured to renew a policy until a given date or age except under stated conditions. It is extremely important for the purchaser to review the conditions for renewal in ...

Coverage usually provided under the commercial general liability insurance (CGL); it can also be purchased separately. ...