Resident Agent

Definition of "Resident agent"

Salesperson who markets and services insurance policies in the state in which he or she is domiciled.

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Partial Vesting

A procedure effective January 1, 1989, under the tax reform act of 1986. The entitlement of an emplo ...

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In insurance, independent advisor who specializes in pension and profit sharing plans. Usually a lic ...

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Methods of materials used in designing and fabricating a building. ...

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Coverage for all sums that the insured becomes legally obligated to pay because of bodily injury or ...

Contributing Property

Business income coverage form that covers an insured business in the event that a manufacturer's ope ...

Qualified Personal Residence Trust (qprt)

Trust instrument that permits the owner of a residence (grantor) to transfer ownership of that resid ...

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