What is the Definition of Personal Lines?

What is the Definition of Personal Lines?

Property/casualty insurance products that are designed for and bought by individuals, including homeowners and automobile policies. (See Commercial lines)

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Personal Lines?

You can find random definition and meaning of insurance terms below:


What is the meaning of Certificate of Satisfaction

A form signed by the insured when he or she takes delivery of the car from the repairer. It certifies that he or she is satisfied with the vehicle operations, appearance, and visible quality of the repairs.


What is the meaning of Claim

Any request or demand for payment under the terms of the insurance policy.


What is the meaning of Claimant

Individual or entity presenting a claim.


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