Introduction When someone rents a car, the rental car companies try to sell different types of supplemental coverages. It can include collision coverage that helps to protect the rental vehicle itself. Some rental companies can also provide liability insurance for mishappenings in which the renter [...]
Definition: Cyber insurance can also be called cybersecurity insurance. This insurance policy helps different businesses to cover the risks of cybercrime activities. The most common cybercrime activities are cyber attacks and data breaches. It usually protects the organization from the cost of information governance or [...]
Property insurance that expressly covers losses from water damage brought on by flooding is known as flood insurance. Floods can be brought on by persistent or severe rain, melting snow, coastal storm surges, clogged storm drains, or failing levee dams. A flood is usually seen [...]
5PPH (Prior Policy History Group) This group refers to the Prior Policy History Group (like the previous carrier, policy number, etc). The relevant historical information pertaining to this policy is contained in this common element group. It has nothing to do with Loss History in [...]
Amazon Web Services Simple Notification Service (AWS SNS) is a web-based service that automates the process of sending notifications to the subscribers attached to it. It provides this service to both application-to-person and application-to-application. SNS uses the publishers/subscribers paradigm for the push and delivery of [...]
Deductible Your policy deductible, also known as an annual deductible, is the amount you are responsible for paying out of pocket prior to your insurance policy providing support and coverage. It essentially amounts to a risk-sharing arrangement between your insurance provider and you. Small company [...]
Homeowners Insurance: The owner of the home purchases a homeowners insurance policy. The amount of insurance generally covers both the cost of replacing the home and the personal property in it in the event of a total loss, such as furniture, appliances, clothing, jewelry, and [...]
A study by a research organization has estimated that over 33 billion records will be stolen by cybercriminals in 2023 alone. So it's very important to consider effective cyber security testing to protect all sensitive data, personally identifiable information, health information, and financial information. Cyber [...]
Personal auto insurance covers private vehicles. It is used to provide protection against monetary loss to an insured from bodily injury or property damage to other automobiles. A totaled Car means if the insured met with an accident and the car gets damaged fully. Now [...]
Homeowners insurance is a type of property insurance that protects a person's home, furniture, and other belongings from losses and damage. Additionally covered by homeowner insurance is liability protection against accidents that may occur on the land or inside the home. However, Flooding, earthquakes, termites, [...]
When compared to personal auto insurance, rental car insurance is a separate thing and operates differently. The benefits and coverage of rental car insurance are not the same as those of ordinary auto insurance because they rely on the rental agency and the area. Up [...]
PERSONAL LINE INSURANCE The term "personal insurance" refers to any type of insurance that covers an individual against loss caused by death, injury, or property loss. These insurance lines generally protect people and their families against losses they cannot afford to cover on their own. [...]
