Maxi Tail (full Tail)
Definition of "Maxi tail (full tail)"
Extended reporting period, for an unlimited length of time, during which claims may be made after a claims made basis liability coverage policy has expired.
Popular Insurance Terms
Fire that spreads substantial destruction. ...
Interruption of insurance provided for in most property insurance policies under circumstances where a substantial increase in hazard has arisen with the knowledge or control of the ...
Mechanism for providing coverage when the insured's underinsured motorist coverage limit is more than the tort feasor's limit of liability. ...
Personal and business property insurance that combines in one policy several types of property insurance covering numerous perils. However, no liability insurance is provided. ...
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Market in which buyers dominate trading and force financial asset prices up. ...
Agent with the authority from an insurance company to prepare and to place into business an insurance policy. ...
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