Business Insurance


Definition of "Business insurance"

Lonna Bevel
  Re/Max Southwest Realty

Coverage designed to protect against loss exposures of business firms, as opposed to those of individuals.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Interest Cost (IC)

A comprehensive and time-adjusted measure of loan cost to the borrower. IC on a Mortgage: IC is what ...

Asset Adequacy Tested Reserve

Required reserve to satisfy all life insurance policy obligations and expenses according to the appo ...

Face Of Policy

Same as term Face Amount: sum of insurance provided by a policy at death or maturity. ...

Blended Rate

Interest rate that exceeds the rate on the old loan but in less than the rate on new loans. It is us ...

Modification Rating

(also known as merit rating) method of setting property insurance rates by modifying or adjusting th ...

Pension Equity Plan (pep)

Modifications of the traditional defined benefit plan in which employees are credited with a specifi ...

Related Real Estate FAQ

What Is A Fixed-rate Mortgage?

A fixed-rate mortgage is a type of mortgage in which the interest rate is fixed for the life of the ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A FHA Mortgage?

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Are Jumbo Mortgages?

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

Real Estate Open House - The Dos and Don How To Get A Loan with Bad Credit 5 U.S. Cities with the Best Public Transportation Rent or Buy - the pros and cons What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes?

FAQ

What do I need to know about RV Insurance? What is a principal? What is an overall debt ratio? What is a convertible ARM? What is an agent?