Tag: coverage

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 'Savings Association Insurance Fund - SAIF' A government insurance fund for savings and loans and thrift institutions in the United...

What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...

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

What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance...

What is a 'Variable Life Insurance Policy' A variable life insurance policy is a form of permanent life insurance. Variable life insurance provides...

What is Variable Survivorship Life Insurance Variable survivorship life insurance is a type of permanent life insurance that pays a death benefit to the surviving...

What is 'Vandalism And Malicious Mischief Insurance' A type of insurance coverage that protects against losses sustained as a result of vandals....

What is 'Valued Marine Policy' A type of insurance coverage that places a specific value on the insured property, such as the...

What is 'Family And Medical Leave Act - FMLA' The Family and Medical Leave Act (FMLA) was signed into law on August...