Shippers Radioactive Contamination Insurance
Coverage for shippers of certain radioactive materials, such as medical or commercial isotopes, for direct loss or damage by radioactive contamination; does not cover transport of radioactive waste or nuclear reactor fuel. Coverage has two forms: one for transport on common carriers and the other for transport on vehicles operated by or for an insured.
Popular Insurance Terms
Grouping of applicants for life insurance according to expected mortality, so as to produce an underwriting classification in which the spread between health of the worst and best applicant ...
Flat amount added to the basic premium rate to reflect the cost of issuing a policy, establishing the required records, sending premium notices, and other related expenses. ...
Same as term Civil damages Awarded: sums payable to the winning plaintiff by the losing defendant in a court of law; can take any or all of these forms: general, punitive, and special. ...
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Statistical projection of future illness, sickness, and disease. ...
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Certain fixed payment made in addition to the regularly scheduled premium. ...
Insurance company's investments in assets other than in companies it controls and/or companies with which it shares common ownership, stocks, and bonds. ...
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