System Safety | Insurance Glossary

Definition of "System safety"

Method of accident prevention whose objective is to detect system-component deficiencies that have the potential for causing accidents.

Judicial proceeding against the person rather than against the person's property. Seeks to have the ...

(1) Methods that involve discounting the future cash flows generated by an income property. These t ...

Stealing small amounts of property. Insurance coverage is available under a number of policies. ...

A designation awarded or Realtors who complete a prescribed course of a real estate study. ...

Association of insurance companies formed to reduce deaths, injuries, and the loss of property resul ...

Certificates that pass-through principal and interest payments to investors. ...

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

A contingency is a provision included in a sales contract stating that certain events must occur or ...

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

A default is when a person fails to make payments on a loan. ...

Paid advertorials are articles written by public relations professionals that have just one goal in ...

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