Directory of insurer
Posted on Dec 6, 2000 08:15:27 AM
Insurance agent – a trusted person or entity acting on behalf of and in the interests of the insurance company (insurer). The agent typically operates insurer or by proxy, in accordance with the terms of the agency agreement entered into between the principal and agent.
Abandon – the refusal of the insured of their rights to property insured under the insurance case in favor of the insurer to obtain from him the full sum insured. Addendum – further written addition to the previously concluded a contract of insurance or reinsurance, which contains the changes agreed between the parties previously agreed conditions.
Acquisition – the professional work of an insurance agent and insurance broker to obtain new contracts of insurance of individuals and entities in the insurance portfolio.
Depreciation – calculated in monetary terms, depreciation in their application.
ANDERRRAYTER – a highly qualified expert in the field of insurance (reinsurance), having authority from the leadership of the insurance company to take on the insurance (reinsurance) proposed the risks responsible for the formation of insurance (reinsurance) portfolio. Must possess the necessary knowledge and practice to establish the appropriate level of risk, premium rates and terms of insurance.
ASSISTANT – mainly focused on the action of conscious or humanitarian character, ensure the safety of travelers when traveling abroad (in case of sickness, accident, etc.), providing the services of doctors, nurses, hospitalization in a medical hospital (for objective reasons), a special ambulance transport. There are a number of specialized companies assistance services, closely interacting with insurance companies.
BONUS discount from the amount of insurance premium in absolute terms, percentage or ppm, which gives the insurer for making an insurance contract under especially favorable conditions for him. The value of AB is reflected in the policy.
Border – the list adopted by the insurance and reinsurance subject to risks. BA issued by the assignor (reinsured) to the reinsurer in the terms specified in the contract of reinsurance.
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