What is the Definition of Supplemental Coverage?
An amount of coverage that adds to the amount of coverage specified in a basic insurance policy.
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
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What is the Definition of Supplemental Coverage?
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What is the meaning of Nonadmitted Insurer
insurance company not licensed to do business within a given state.
What is the meaning of Non-controlled stock insurers
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What is the meaning of Non-proportional Reinsurance
reinsurance that is not secured on individual lives for specific individual amount of reinsurance, but rather reinsurance that protects the ceding company's overall experience on its entire portfolio of business, or at least a broad segment of it. The most common forms of non-proportional reinsurance are stop loss and catastrophe.
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