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Popular Real Estate Glossary Terms
Marine cargo coverage for a single shipment of goods. Also known as special risk insurance and trip cargo insurance. Contrasts with open policy cargo insurance that covers all of a ...
Opening so that air or gas may enter or leave. For example, an air conditioner has a "vent open" or "vent closed" knob for outside air. The "vent close" switch must be on for air ...
Stiff pipe used to cover electrical wiring for safety purposes. ...
Statement of the types of exposures classified under marine, inland marine or transportation insurance by placing them in the following categories: imports, exports, domestic shipments ...
Reserves required by state regulators. Because regulators must assure that an insurance company remains solvent and that it can pay future claims, they set conservative standards for ...