4insure |
| Posted: 01 Mar 2012 08:41 AM PST An insurance company's general account is the combined (or aggregated total) of investments and other assets that the insurance company may hold that are readily available in order to pay out on claims and the benefits laid out in policies that the insured or policy holding parties are entitled to contractually. In some cases the [...] Post from: 4insure |
| Posted: 01 Mar 2012 08:36 AM PST A floater insurance policy is a specific type of policy that covers individual easily moveable items for additional coverage over a standard home insurance policy. This could be applied easily to items like expensive jewelry (which may not be covered when worn outside of the home or in specific circumstance like when it is placed [...] Post from: 4insure |
| Posted: 01 Mar 2012 08:34 AM PST The exposure of an insurance company is the total liability they would have to cover in the event of the maximum possible claim being made and accepted under any particular policy. How is exposure calculated? Exposure is normally calculated by insurance companies in exposure units, these can be defined in many different units. For example: [...] |
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