Face Amount
- 25/11/2020
- Posted by: EcuaRe
- Categories:
No CommentsThe dollar amount to be paid to the beneficiary when the insured dies. It does not include other amounts that may be paid from insurance purchased with dividends or any policy riders.
Fidelity Bond
- 25/11/2020
- Posted by: EcuaRe
- Categories:
An obligation of the insurance company against financial loss caused by the dishonest acts of employees.
Financial Guarantee Insurance
- 25/11/2020
- Posted by: EcuaRe
- Categories:
A surety bond, insurance policy or, when issued by an insurer, an indemnity contract and any guaranty similar to the foregoing types, under which loss is payable upon proof of occurrence of financial loss to an insured claimant, obligee, or indemnitee.
Fire Insurance
- 25/11/2020
- Posted by: EcuaRe
- Categories: