Viewing: F (146)

Word	Definition
Face	The first page of an insurance policy, normally the Declarations.
Face Amount	As used in life insurance, the amount stated on the first page of the policy that will be paid at ma...
Face Value	As used in life insurance, the amount stated on the first page of the policy that will be paid at ma...
Facility Of Payment Clause	A provision found in group life and industrial insurance policies that allows the insurer to pay ben...
Factor	In rating a property-casualty insurance policy, a factor is a multiplicative item. The base rate may...
Factory Insurance Association	Now called Industrial Risk Insurers, this is a consortium of major stock property and casualty insur...
Factory Mutuals	A group of direct-writing mutual insurance companies, independently owned and operated, which underw...
Facultative Certificate	The formal document between the ceding company and the reinsurer with respect to the reinsurance ces...
Facultative Reinsurance	Reinsurance effected item by item and accepted or declined by the reinsuring company after scrutiny,...
Facultative Treaty	A contract between a ceding company and a reinsurer with regard to the handling of the placement of ...

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