A licensed facility that provides ongoing nursing, rehabilitative, or custodial care after acute treatment or for long-term care needs.

A property-insurance term for adding protection against additional named perils beyond a basic fire policy.

Auto liability coverage that broadens protection for an insured using vehicles they do not own, subject to the policy's terms and exclusions.

An extended period of indemnity continues business-income coverage after operations resume, while the insured's revenue is still recovering from a covered property loss.

Learn about the concept of extra premium in general insurance. Discover why certain hazards may necessitate an additional charge beyond the regular premium rate.

Learn about extra premium removal in general insurance, the conditions for elimination of an extra premium, and its implications for policyholders.

A health or accident policy benefit that pays for emergency treatment needed immediately after a covered accident.

A legal claim, lien, easement, or other burden on property that can affect title, value, and insurance analysis.

A life policy that pays the face amount at death during the endowment period or to the policyowner if the insured survives to the maturity date.

The average remaining lifetime for a person at a given age, as shown by a mortality table.

Excess per risk reinsurance protects the ceding insurer against losses on an individual insured risk above a stated retention.