Tag: care

DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment,...

What are National Insurance Contributions (NIC)? National Insurance contributions (NIC) are payments made by employees and employers into the National Insurance scheme. The money is...

DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the...

What is 'National Association of Insurance Commissioners - NAIC' A nationwide organization whose main responsibility is to protect the interests of insurance...

DefinitionProfessional liability insurance, also called professional indemnity insurance but more commonly known as errors & omissions in the US, is a form of liability...

What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a...

What is 'Absentee Owner' An individual who owns a piece of real estate but does not live in it. An absentee owner...

What is 'Rate Of Adoption' The number of members of a society who start using a new technology or innovation during a...

DefinitionThe Sandwich Generation is a generation of people who care for their aging parents while supporting their own children. Sandwich Generation What is...

What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by the insurance...