insurance company

policy

Adopted principle of action

• premiumAdded cost for better
• deductibleOut-of-pocket threshold amount
• coverageExtent of inclusion

beneficiary · annuity · liability · endorsement · exclusions · coverage limits · provisions · term life · whole life · health plan

underwriting

Risk evaluation and acceptance

• claimsStatements of truth
• adjusterOne who calibrates
• actuaryFinancial risk analyst

reimbursement · enrollment · renewal · processing · assessment · subrogation · indemnity · payout · settlement · denial

exposure

State of being unprotected

• perilSerious threat of harm
• hazardSource of potential harm
• catastropheDevastating, large-scale misfortune

solvency · default · diversification · reserve · contingency · liability · probability · pooling · spread · mitigation

health

Condition of body, mind

• lifeAnimate state
• autoSelf, in compounds
• propertySomething owned or inherent

casualty · marine · travel · pet · dental · vision · disability · long-term care · malpractice · commercial

carrier

One that transports

• firmSolid or resolute
• underwriterOne who assumes financial risk
• conglomerateCorporation spanning many industries

multinational · corporation · entity · organization · establishment · policyholder · shareholder · CEO · merger · acquisition

portfolio

Collected works or assets

• assetsOwned items of value
• capitalWealth used for investment
• reservesResources held back

investments · bonds · equities · yield · return · dividends · fiscal · wealth management · pension funds · treasury

• auto insurancecollision coverage, liability coverage, comprehensive coverage, theft protection, premium
• legal entitiescorporation, law firm, LLC, nonprofit, partnership
• business typesbig business, business, corporation, sole proprietorship, partnership
• businessesbusiness, bank, bakery, enterprise, firm
• service providersdoctors, nurses, hospitals, tax preparer, clinics
• economic entitiesbusiness, corporation, firm, enterprise, bank