Insurance Words Glossary - First Western Insurance

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Viewing: E (115)

Word	Definition
e-Insurance	An evolving term that typically refers (theoretically) to any form of insurance coverage that is sol...
e-Mediation	Any on-line process that allows disputing parties to resolve an argument over the amount of damage s...
e-Signature	Electronic signature that is a valid, legally binding signature which facilitates transactions, such...
E&O	1) A form of professional liability insurance which provides coverage for mistakes made by a pers...
Early Retirement Age	If a person retires before the target retirement date in a pension plan, that person is taking early...
Early Warning System	Now known as the NAIC Insurance Regulatory Information System (IRIS), it is a financial ratio and pe...
Earned Premium	The portion of the policy premium allocated to the expired or used portion of the policy term. This ...
Earned Reinsurance Premium	The earned portion of the policy premium paid to a reinsurer by the primary or ceding company.
Earth Movement Exclusion	A provision to exclude coverage for loss caused by settlement of earth, creep or slide of soil, or o...
Earthquake	Vibrations of the earth's crust caused by pressures from within the earth.

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