Business insurance glossary
No insurance jargon here. We simplify common business insurance terms.
No insurance jargon here. We simplify common business insurance terms.
We’re on a mission to make it easier to understand business insurance terms so you can make an informed decision and get back to focusing on your business.
A – E | F – J | K – O | P – T | U – Z
[A — E]
ACORD certificate of liability insurance
Actual cash value
Adjuster
Additional insured
Admitted carrier and non-admitted carrier
Aggregate limit of liability
Bodily injury coverage
Business interruption insurance
Claimant
Claims-made policy
Coinsurance
Contractual liability insurance
Deductible
Disaster recovery plan
[F — J]
Grace period
Hold harmless agreement
Host liquor liability insurance
Indemnity insurance
Invasion of privacy
Insurtech
[K — O]
Key person insurance
Libel
Legal liability
Loss runs
Named insured
Named perils
Occurrence-based policy
[P — T]
Per claim limit
Premium
Product liability
Prior acts coverage
Public liability insurance
Replacement value
Rider
Slander
Subrogation
Tail coverage