Accidental Bodily Injury refers to any physical harm, damage, or trauma inflicted on a person…

Accidental Death Benefit (ADB) is an additional payout provided in a life insurance policy if…

Accidental Means is a clause in an insurance policy that requires the cause of injury…

The Accumulated Stocks Clause is a provision in business interruption insurance that accounts for the…

Act of God Perils refers to natural events that occur without human intervention and cannot…

An Act Only Policy is the most basic form of motor insurance mandated by law…

An Active Participant refers to an individual whose presence is considered crucial for the successful…

Actual Cash Value (ACV) refers to the current value of an item or property, calculated…

Actual Total Loss is a term used in insurance—especially in marine and property insurance—to describe…

An actuary is a trained professional who applies mathematical, statistical, and financial theories to assess…