Facultative Reinsurance ...
Reinsurance that is made available on an individual risk basis by the reinsurer who has the faculty to accept or reject all or part of a risk for which an insurance company is seeking reinsurance coverage.
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Fair Access to Insurance Requirements Plan (FAIR) ...
A cooperative program that makes insurance available to people who have difficulty getting insurance coverage.
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Fair Credit Reporting Act ...
Federal law that allows consumers to obtain information from their credit report if they have been denied coverage based on information contained therein.
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Fair Rental Value ...
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Family Auto Insurance ...
The type of auto insurance which provides protection for the Insured and licensed resident family members.
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Farm Fire ...
Property coverage for farms that do not qualify for a Farmowners policy.
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Farmowners Policy ...
Property coverage for owner occupied farms.
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Fidelity Bond ...
A class of bonds written to protect an Insured Employer from dishonest acts by Employees.
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Fiduciary ...
A person in whom is vested the confidence and trust of another person.
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Fiduciary Bond ...
A type of Surety Bond held as a guarantee that a fiduciary will fulfill their obligations.
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Financial Responsibility Law ...
A state law requiring motor vehicle operators to furnish evidence of their ability to pay for damages arising out of an automobile accident.
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Fire Insurance ...
Property coverage that provides protection for an Insured from the fire peril.
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Fire Resistive ...
Specified thickness of masonry with a minimum two hour fire rating.
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First Named Insured ...
The name of the first person listed as an Insured on the Declarations page of an insurance policy. Usually their signature is the only one required in the conduct of business with an Insurance company.
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First Party Loss ...
Property loss from an insured peril.
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Floater ...
An insurance policy that covers the same property at different locations or within defined boundaries. (See also, Inland Marine.)
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Flood Insurance ...
Property coverage against loss from a flood peril available through the National Flood Insurance Program. Call 1-800) 638-6620.
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Foreign Company ...
An insurance company conducting business in a state other than the state in which it was incorporated.
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Forgery or Alteration Coverage Form ...
Commercial Crime form that covers loss from altered checks or forgery against named a Insured or their Agent.
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Forms ...
Different kind or variety of the same category or type of policy.
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Frame Construction ...
Wood framed exterior walls, floors, ceiling & roof.
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Fraternal Organization ...
A non-profit organization without capital stock that exists for the benefit of its members and beneficiaries.
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Fraud ...
A deliberate misrepresentation of facts or concealment of evidence in order to get insurance or receive a loss payment on a claim which would not have otherwise been provided.
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