Accident Frequency
Definition of "Accident frequency"
Number of times an accident occurs. Used in predicting losses upon which premiums are based.
Popular Insurance Terms
Coverage in the event of damage or destruction resulting from collision by a vessel or high waves. Excluded are fire, lightning, windstorm, earthquake, and explosion, since these perils are ...
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Annuity payments that continue for the life of the annuitant. ...
Person who engages an agent or broker for advice and possible purchase of insurance. ...
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