Insurance Glossary A-Z

Actual Cash Value

A common insurance term explained in practical language for policy comparison and claim decisions.

Additional Insured

A common insurance term explained in practical language for policy comparison and claim decisions.

Beneficiary

A common insurance term explained in practical language for policy comparison and claim decisions.

Claim

A common insurance term explained in practical language for policy comparison and claim decisions.

Coinsurance

A common insurance term explained in practical language for policy comparison and claim decisions.

Collision Coverage

A common insurance term explained in practical language for policy comparison and claim decisions.

Comprehensive Coverage

A common insurance term explained in practical language for policy comparison and claim decisions.

Copay

A common insurance term explained in practical language for policy comparison and claim decisions.

Declarations Page

A common insurance term explained in practical language for policy comparison and claim decisions.

Deductible

A common insurance term explained in practical language for policy comparison and claim decisions.

Endorsement

A common insurance term explained in practical language for policy comparison and claim decisions.

Exclusion

A common insurance term explained in practical language for policy comparison and claim decisions.

Grace Period

A common insurance term explained in practical language for policy comparison and claim decisions.

Liability Limit

A common insurance term explained in practical language for policy comparison and claim decisions.

Out-of-Pocket Maximum

A common insurance term explained in practical language for policy comparison and claim decisions.

Premium

A common insurance term explained in practical language for policy comparison and claim decisions.

Replacement Cost

A common insurance term explained in practical language for policy comparison and claim decisions.

Rider

A common insurance term explained in practical language for policy comparison and claim decisions.

Underwriting

A common insurance term explained in practical language for policy comparison and claim decisions.

Waiting Period

A common insurance term explained in practical language for policy comparison and claim decisions.