Self Regulation


Definition of "Self-regulation"

Al Harper
Al Harper EXIT Bennett

Action by insurance companies and agents to voluntarily refrain from business conduct that is misleading, fraudulent, and in general would have adverse consequences for the purchaser of the insurance product.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Insurance Marketplace Standards Association (imsa)

Voluntary market conduct compliance organization whose purpose is to protect the public interest and to enhance the insurance buyer's perception of th ...

Pooled Income Funds

Separate trust established by a charitable entity whose purpose is to receive contributions from numerous donors. All the donors' contributions are co ...

Social Security Freeze

Maintenance of Social Security benefits at current dollar or percentage levels. Social Security benefits are indexed to the Consumer Price Index and r ...

Morbidity Table

Number of individuals exposed to the risk of illness, sickness, and disease at each age, and the actual number of individuals who incurred an illness, ...

Care, Custody, And Control

Phrase in most liability insurance policies that eliminates from coverage damage or destruction to property under the care, custody, and control of an ...

Coinsurance Requirement

Amount of insurance that the insured must carry in order to be indemnified for the total dollar amount of the actual loss. If this requirement is met ...

Popular Real Estate FAQ

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Why Use a Real Estate Agent? How to become a real estate agent Real Estate Open House - The Dos and Don Find Your Real Estate Agent Niche: Vacation Homes 7 Things to Consider Before Moving to a New City

FAQ

What is a lock in? What is a quit claim deed? What is zoning? What is an assumable mortgage? What is joint tenancy?