Mode Of Entry
- method of gaining illegal entry to perform a criminal act. If a policyholder makes a claim for loss of jewelry or rugs under a homeowners policy, or if a business owner makes a claim for damage caused by vandals, the insurer must establish how the vandal orburglar gained entry. The mode of entry is important both (a) to determine that someone did actually enter the premises and (b) toestablish that the policyholder was not unduly negligent.
- path by which a toxic substance enters the human body, such as by inhalation, injection, ingestion, or absorption.
Popular Insurance Terms
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Amount of the increase in the book of business of an insurance company over a specified time interval. ...
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Determination that group plans offering legal services are limited to an annual tax-free benefit of $70 per employee; group plans may offer employer-provided educational assistance plans on ...
Modification in premiums, reserves, and other values to reflect actual loss experience and expenses and expected benefits to be paid. ...
Investments restricted to short-term financial instruments issued by state, city, and county governments and agencies. Interest paid by those instruments are not subject to federal income ...
Standards set by the various state regulatory authorities that determine how financial statements must be prepared for regulators. The states are responsible for making certain that ...
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