by sdavey@bcicny.com | Jan 30, 2013 | Term of the Day
The relationship between what a business borrows and what it owes.
by sdavey@bcicny.com | Jan 29, 2013 | Term of the Day
A risk for which there is no possibility of gain, such as getting your car stolen.
by sdavey@bcicny.com | Jan 24, 2013 | Term of the Day
A listing of personal property for a specific stated insured value. Usually for valuable items that may be subject to limited coverage.
by sdavey@bcicny.com | Jan 15, 2013 | Term of the Day
A condition in a policy that states that an insured can direct an insurance company to pay any losses that are due to a third party.
by sdavey@bcicny.com | Jan 10, 2013 | Term of the Day
An analysis on the amount that is due from reinsures or policyholders.
by sdavey@bcicny.com | Jan 8, 2013 | Term of the Day
A risk presented by a proposed insured that is too great for an insurer to cover.
