What do you mean by NAIC code

2023-06-02T04:16:32+00:00June 2, 2023|Insurance|

| ByWinsurtech

The North American Industry Classification System (NAICS) is a company classification system designed through a collaboration between the United States, Canada, and Mexico. This classification method makes it possible to [...]

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Flood Insurance

2023-04-24T08:07:37+00:00August 24, 2021|Insurance|0 Comments

| ByWinsurtech

Definition: Flood Insurance is a type of Property Insurance that usually covers Home/Dwelling for the different types of losses which will be sustained by water damage and specifically due [...]

What is double indemnity

2023-04-24T08:14:16+00:00June 29, 2021|Insurance|0 Comments

| ByWinsurtech

Both life insurance and accident insurance policies include double indemnity clauses. According to these clauses, insurance carriers agree to pay twice the policy amount in the event of accidental [...]

Elimination Period

2023-04-24T08:31:52+00:00June 22, 2021|Insurance|0 Comments

| ByWinsurtech

The elimination period term refers to the period between an injury and receipt of benefits. We can say that it is the time between the beginning of injury and [...]

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