|
|
Insurance claim |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Insurance claimA claim for reimbursement from the insurance company when the insured has suffered a loss that is covered under an insurance policy.Insurance claim Similar MatchesContents insuranceContents insuranceInsurance which gives cover in respect of the contents of a home. This includes damage, theft or loss of items such as carpets, furniture, freezer contents, jewellery and cash etc. It is usual for the insurers to specify a maximum claim limit for each section of items covered. This information is listed on the policy schedule issued by the insurers. Contents insurance can be linked with buildings insurance in a combined policy provided by a single company. Mortgage payment protection insurance (MPPI)Mortgage payment protection insurance (MPPI)An MPPI policy pays your mortgage for you if you become unable to work for an extended period of time, as a result of redundancy, accident, sickness or disability. It should provide enough income to cover all your monthly mortgage expenses. If you have a repayment mortgage, this should be your capital and interest repayment and if you have an interest-only mortgage, the MPPI should cover your interest payment as well as your normal monthly contribution to the investment vehicle that will repay your loan. Title insuranceTitle insuranceInsurance policy that protects a policyholder from future challenges to the title claim a property that may result in loss of the property. Major medical expenses insuranceMajor medical expenses insuranceInsurance which pays out a lump sum if you have certain specified surgery. National Insurance (NI) Basic PensionNational Insurance (NI) Basic PensionThe basic state pension funded by a person's National Insurance Contributions over his working life and part of the National Insurance Pension. The rate at which the basic pension is paid is dependent on the person's National Insurance contributions record over his working life. Further Suggestionsdisability income insuranceHome Warranty Insurance travel insurance Life insurance policy contract of insurance motor insurance variable life insurance indemnity insurance level term insurance Unemployment insurance executive insurance Coinsurance accident insurance Homeowners insurance policy Term life insurance Named perils insurance Insurance dividend participating life insurance loss of income insurance Municipal bond insurance Buildings and contents insurance Insurance policy Nonparticipating life insurance policy Disability income insurance Disability insurance |
|
|
|