Diversification | Insurance Glossary

Definition of "Diversification"

Risk distribution included by type of coverage, by kind of risk, and by geographical location.

Insurance protection written in the form of a single line policy. ...

Court order stopping or directing a judicial directive. ...

Addition to a business property insurance policy to cover loss of earnings, subject to a monthly lim ...

Excess of money or fair value of property received on sale or exchange over the carrying value of ...

A freehold equity in a n estate, restricted to the duration of the life of the grantee or other stip ...

Certificate of insurance required by law under the auspices of the Interstate Commerce Commission. T ...

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

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