Premium Finance Life Insurance Definition definition, finance, insurance, premium Edit What is a life insurance premium. The premium finance company will take care of the premium payment due to the insurance carrier. Life In... Read More
Pro Rata Insurance Definition definition, insurance, rata Edit What does pro rata mean? In the context of insurance, pro rata often refers to situations in which policyholders can only receive reimburse... Read More
Probationary Period Insurance Definition definition, insurance, period, probationary Edit This is used to reduce cases of fraud or prevent preexisting illnesses losses where applicants purchase insurance knowing that they will ne... Read More
Non Trucking Liability Insurance Definition definition, insurance, liability, trucking Edit Loading and unloading using a mechanical device not attached to truck or trailer (forklift, front end loader, crane). Any personal use betw... Read More