Agency Plant | Insurance Glossary

Definition of "Agency plant"

Insurance company's total number of agents.

Same as term Aggregate Annual Deductible: deductible that applies for the year. For example, a busin ...

Federal statute defining the federal tax code, covering such topics as credits against tax; business ...

Wrongful act that causes injury or damages. Examples are trespassing on someone's property destroyin ...

Bodily injury liability and property damage liability expressed as a single sum of coverage. ...

Money set aside for a possible loss, such as from a fire. ...

Program enacted in 1965 under Title XVIII of the Social Security Amendments of 1965 to provide medic ...

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews