Glossary of terms used on this site

Search for glossary terms (regular expression allowed)
Begin with Contains Exact termSounds like
All A B C D E F G H I J K L M O P Q R S T U V W X Y Z
Term Definition
Occurrence

An event that results in an insured loss. In some lines of business, such as liability, an occurrence is distinguished from accident in that the loss doesn't have to be sudden and fortuitous and can result from continuous or repeated exposure which results in bodily injury or property damage neither expected not intended by the insured.

Other Income/Expenses

This item represents miscellaneous sources of operating income or expenses that principally relate to premium finance income or charges for uncollectible premium and reinsurance business.

Out-of-Pocket Limit

A predetermined amount of money that an individual must pay before insurance will pay 100% for an individual's health-care expenses.

Own Occupation

Insurance contract provision that allows policyholders to collect benefits if they can no longer work in their own occupation.

Business Hours

Monday-Friday: 8am to 4:30pm

(608)273-3361
Fax: (608)441-8787

Email Us

Our Office Locations

    • Atwood Ave

      3830 Atwood Ave
      Madison, WI 53714