This glossary includes many commonly used insurance and insurance-related terms. It is not an exhaustive list and only meant as an educational or informational aid. Terms, or definitions, as related ...
All Lines Aggregate – The combining of more than one line of coverage to establish an annual maximum for the insured for all those lines of coverage. Lines of coverage that might be considered are ...
Generally refers to Lloyd’s of London, UK, an institution within which individual underwriters accept or reject the risks offered to them. The Lloyd’s Corporation provides support facilities for their ...