Definition of "Internet"
Immense collection of networks that are interconnected on a global basis providing services to the general public. These services include the transferring of files among computers, hypertext transfer protocol (HTTP) involving the reading and interpreting of hypertext files (web pages) that contain pictures and sounds, and operating computers from distant locations. Computers use telephone lines, optical fibers, and radio transmissions to connect networks thereby forming Internets. Thus, the Internet is really a super highway along which information travels to the electronic address of its destination computer. Along the way this information may pass through computer network to computer network several times before reaching its electronic address.
Popular Insurance Terms
Difference between the earned premiums and the losses and expenses of an insurance company. ...
Same as term Cargo Insurance: shipper's policies covering one cargo exposure or all cargo exposures by sea on all risks basis. Exclusions include war, nuclear disaster, wear and tear, ...
Endorsement to the commercial general liability insurance (CGL) policy that provides liability coverage to an insured business for damages anywhere in the world. Policies typically have ...
Payments due to an insurance company but not yet paid. ...
Individuals other than the crew of a ship who forcefully steal the ship and/or its cargo. This event is an insured peril under ocean marine insurance. ...
Coverage for dental services under a group or individual policy. ...
Reinsurance marketplace modeled after Lloyd's of London. Like Lloyd's, the New York Insurance Exchange is a market for hard-to-place risks and for the placement of excess or surplus lines. ...
Health characteristic considered by an insurer underwriting an applicant for life or health insurance. Many insurance companies charge reduced premiums for nonsmokers. ...
Arrangement whereby an insurance company agrees to pay specified health care service vendors a predetermined sum for providing such services to the covered individuals. ...
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