Definitions


Definition of "Definitions"

Ruben Perez
Ruben Perez Realty World MRG

Essential parts of insurance policies that explain the meanings of important words and phrases found in those policies.

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Popular Real Estate Terms

Refinance

Paying off on old loan while simultaneously taking a new one. Borrowers may refinance to reduce Interest Cost or to raise cash. These are very diffe ...

Injuries And Diseases Covered

List of injuries and diseases covered in a health insurance policy. Consumers are well advised to read and understand the definitions of injuries and ...

Business Auto Coverage Form

Type of commercial form that provides coverage for business vehicles regardless of whether they are owned, leased, hired, or borrowed. The form's cove ...

Disability Income Insurance

Health insurance that provides income payments to the insured wage earner when income is interrupted or terminated because of illness, sickness, or ac ...

Group Underwriting

Process of forming a large group of homogeneous lives that in order to allow the law of large numbers to operate, thereby projecting a probable rate o ...

Cherry Pick

Practice of selling those securities whose price has increased and retaining those securities whose price has declined. The securities that have decli ...

Popular Real Estate FAQ

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

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FAQ

What is a mortgage? What is cooperative? How Much Will My Principal Be? What does an appraisal mean? How can I figure out my debt-to-income ratio?