Tag: policy
Walk-Through Test
DefinitionA walk-through test is a procedure under financial audit performed by auditors. Walk-Through Test What is a 'Walk-Through Test' A walk-through test...
Water Damage Insurance
Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...
Waiver Of Premium For Disability
Waiver Of Premium For Disability What is 'Waiver Of Premium For Disability ' A provision in an insurance policy that states...
Watercraft Nonowned Insurance
Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...
Waiver Of Premium For Payer Benefit
Waiver Of Premium For Payer Benefit What is 'Waiver Of Premium For Payer Benefit ' A clause in an insurance policy...
War Risk Insurance
DefinitionWar risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies...
Watch List
What is the 'Watchlist' 1. A list of securities being monitored closely by a brokerage or exchange in order to spot irregularities....
Water Damage Clause
What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...
War Exclusion Clause
What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion,...
Water Rights
DefinitionWater right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond...