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What does the insurance term 'adjustment' mean?
The word "adjustment" when used in the context of insurance means:The monetary amount an insurance "adjuster" has determined is the appropriate payment to be made to an insured person for a claim that is covered under the insurance policy.
What does 'p and l' mean in the insurance context?
Property and liability (P & L) insurance
What type of life insurance is often used as mortgage insurance?
The type of life insurance that is more than often used as mortgage insurance is known as decreasing term.
Can you explain how pre authorizations work in the context of insurance claims?
Pre-authorizations in insurance claims are approvals obtained from the insurance company before receiving certain medical services or treatments. This process ensures that the treatment is necessary and covered by the insurance policy. Without pre-authorization, the insurance company may deny payment for the service.
What are insurance funds used for?
An insurance fund is essentially a pool of funds paid to an insurance company for a collective group to use. They are offered by many insurance companies in the UK.
What is the fund transfer clearance certificate endorsment fee of endorsment centre china?
No such thing. That is a scam.
What does the insurance term 'adjustment' mean?
The word "adjustment" when used in the context of insurance means:The monetary amount an insurance "adjuster" has determined is the appropriate payment to be made to an insured person for a claim that is covered under the insurance policy.
What was the highest paid endorsment ever?
Gulf I think
What does 'p and l' mean in the insurance context?
Property and liability (P & L) insurance
How can a third party carrier be defined in the context of auto insurance?
In the context of auto insurance, a third party refers to anyone who is not a part of the insurance contract. This could include drivers of other vehicles on the road.
How big of bike can you drive at 16 with your motorcycle endorsment?
up to a 1000
Who has the most endorsment money?
tiger woods had 100 million i think
WHAT DOES INSURANCE 7400 CODE MEAN?
The Insurance 7400 code is typically associated with specific types of claims in the healthcare and insurance sectors, often referring to particular procedures or services covered by insurance policies. The exact meaning can vary by insurance provider and the context in which it is used, so it's essential to consult the relevant insurance policy documentation or contact the insurance company directly for precise information. If you have a specific context in mind, please provide more details for a more tailored response.
What is the abbreviation for Claim?
The abbreviation for "Claim" is often "Cl." or "C." depending on the context in which it is used. In legal or insurance documents, "Cl." may be more common.
Can a felon get hazmat endorsment on his cdl in pa?
Not in Pennsylvania, nor any other state.
What is the meaning of monetary loss in insurance?
In the context of property insurance, "monetary loss" refers to the destruction or the reduction in value of the object insured. It can also refer, for example, in the context of collision or comprehensive coverage in an auto policy, to the cost of repair. In the context of health insurance, it can refer to the cost incurred in providing medical care (for which the insured would otherwise be liable-this, incurring a monetary loss). In the context of life insurance, it refers to the loss of the financial interest that a beneficiary has in the continued life of an insured.
What can insurance be used to cover?
Insurance can be used to cover a number of things such as: life insurance, auto insurance, travel insurance, home insurance, and business or corporate insurance.
