Insurance Words Glossary - First Western Insurance

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Viewing: T (83)

Word	Definition
T-Filing	Using an automated (computer) system to file an organization's documents by their transaction da...
Taft-Hartley Law	The 1935 National Labor Relations Act was passed in an attempt to prevent unfair labor practices. In...
Tail	Liability that exists for losses that are not discovered or reported, or claims made and settled unt...
Tail Coverage	Insurance coverage available to provide protection for tail exposures. The present occurrence versio...
Take-All-Comers	A proposal (or requirement in a few states) that an insurer must accept all applicants for a given t...
Takeover Defense Insurance	Protection to reimburse a corporation for expenses incurred, such as legal, investment advisory, com...
Tankerman's Legal Liability	Tankerman operations involve loading and unloading all types of cargo transported by tanker vessels....
Target (or Target Risk)	1) A risk which because of its large size, or another characteristic, must be offered to many ins...
Target Benefit Pension Plan	A hybrid between a true defined benefit pension plan and a money purchase pension plan. In the targe...
Tariff	The rate made and published by a rating bureau. Also refers to the rules and schedules which are use...

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