Tag: cover

Underinsured Motorist Coverage Limits Trigger

What is 'Underinsured Motorist Coverage Limits Trigger' One of the two triggers that can be specified by an insured party to protect...

Zero Balance Account (ZBA)

What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...

Yacht Insurance

Yacht Insurance What is 'Yacht Insurance ' An insurance policy that provides indemnity liability coverage on pleasure boats. Yacht insurance includes...

Naked Position

What is 'Naked Position' A securities position that is not hedged from market risk. Both the potential gain and the potential risk...

Valuable Papers Insurance

What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value...

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