Convention Values
Definition of "Convention values"
Monetary sums attached to an insurance company's assets, as listed on the annual statement.
Popular Insurance Terms
Rules stating that every administrator of a qualified pension plan, profit sharing plan, section 401 (K) plan salary reduction plan), section 403(b) plan, and stock bonus plan must provide ...
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Property damage resulting from aircraft traveling faster than the speed of sound. Although the vibrations caused by such high speed can cause damage, it is excluded on most property forms. ...
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Coverage in event of damage or destruction of animals that are being shipped. ...
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