Uniform Forms
Definition of "Uniform forms"
Widely accepted standard policy forms that have been developed by various rating bureaus or insurance companies. Some forms are required by state law, and some are used by custom. In some cases provisions are mandated, but a form is not. Even so, many companies use the same forms, which become widely recognized as the standard for certain types of risk.
Popular Insurance Terms
Type of individual retirement account (IRA) allowed by the employee retirement income security act of 1974 (erisa) whereby contributions in the form of premium payments are made on a fixed ...
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Termination of premium payments by an employer on behalf of an employee to an employee benefit plan. ...
Department in an insurance company that prepares policies to be sent to the policyholder, sends the policies, and keeps records of the policies that were sent. ...
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Same as term Blanket Bond: coverage for an employer in the event of dishonesty of any employee. ...
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