Commencement Of Coverage

Definition of "Commencement of coverage"

Date at which insurance protection begins.

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Related Real Estate Glossary terms

Continuance Table

Table used in health insurance premium rate calculations that depicts the probability that a claim w ...

Revocable Living Trust

Trust in which rights to make any changes therein are retained by the grantor. At the grantor's deat ...

Cost Of Risk (cor)

Quantitative measurement of the total costs (losses, risk control costs, risk financing costs, and a ...

Buy-back

(1) Agreement to sell real estate with a pre-arranged reverse but at an established price. This may ...

Mortgagee

Lender (such as a bank) that has the property of the borrower as collateral (security, lien). If the ...

Underwriting Expenses

Salaries plus commissions plus overhead expenses plus office rent plus fees charged for memberships ...

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