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insurance on a premium basis

См. также в других словарях:

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • Insurance Services Office — Insurance Services Office, Inc. (ISO) is a provider of data, underwriting, risk management and legal/regulatory services to property casualty insurers and other clients. Headquartered in Jersey City, New Jersey, the organization serves clients… …   Wikipedia

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • INSURANCE — Halakahic Aspect Insurance activity may well serve as a model for the economic activities of the Jewish merchant throughout the ages. Hundreds of sources dealing with insurance for transport and fire are found in the halakhic literature,… …   Encyclopedia of Judaism

  • premium — A premium is a reward or recompense for some act done. Alvord v Smith, 63 Ind 58. An amount offered by way of a prize to a successful competitor in a contest. 24 Am J1st Gaming §§ 100 et seq. A purse, prize, stake or sweepstake; some valuable… …   Ballentine's law dictionary

  • basis rate — noun : the amount of premium per unit of insurance assumed and used as a starting point for computing the specific rates to be charged to policyholders …   Useful english dictionary

  • Vehicle insurance — Vehicle insurance, in exchange for a premium, will pay valid claims arising out of traffic collisions Vehicle insurance (also known as auto insurance, gap insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks,… …   Wikipedia

  • Variable universal life insurance — (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to …   Wikipedia

  • Term life insurance — or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client… …   Wikipedia

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