First Party Insurance
Definition of "First party insurance"
Coverage for the insured's personal and real property and the insured's own person. Contrast with third party.
Popular Insurance Terms
Discharge of electricity from the atmosphere, one of the perils covered in most fire insurance policies. ...
Termination date of coverage as indicated on the insurance policy. ...
number of people born as a percentage of the total population in any given period of time. ...
Expenses connected with resolving an estate to include medical expenditures, funeral expenditures, probate expenditures, estate taxes, legal fees, and other administrative expenditures. ...
Sections with standard wording common to all property and casualty insurance contracts: conditions, declarations, exclusions, insuring agreement. ...
Tax charged to finance the old age, survivors, disability, and health insurance (OASDHI) plan. Both employer and employee share in the cost, making contributions on an equal basis. The ...
A fire division defines the act of breaking up a building into well-defined separate parts. They can also use an artificial division line from incombustible building materials. Often, ...
Same as term Expiration: termination date of coverage as indicated on the insurance policy. ...
Agreement by the insurance company to keep the universal life insurance policy in force, even if the cash value becomes zero or less than zero, provided that a specified minimum ...
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