Exterior Wall

Definition of "Exterior wall"

Outside wall of a structure that is exposed to the weather. An exterior wall can also be a load bearing wall

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Miscellaneous Vehicles Coverage

Endorsement to the personal automobile policy (pap) that insures other motorized vehicles such as go ...

Installment Settlement

Life insurance policy death benefit or cash value paid out in a series of installments, rather than ...

Optionee

One who purchases an option. For example, John pays Brian $10,000 for an option to purchase property ...

Builder-Financed Construction

Having the builder borrow the money needed for construction. ...

Assessment Period

Time during which an assessment life insurance company has the right to assess policyholders if loss ...

Pilferage

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

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