| Face |
The first page of an insurance policy, normally the Declarations. |
| Face Amount |
As used in life insurance, the amount stated on the first page of the policy that will be paid at ma... |
| Face Value |
As used in life insurance, the amount stated on the first page of the policy that will be paid at ma... |
| Facility Of Payment Clause |
A provision found in group life and industrial insurance policies that allows the insurer to pay ben... |
| Factor |
In rating a property-casualty insurance policy, a factor is a multiplicative item. The base rate may... |
| Factory Insurance Association |
Now called Industrial Risk Insurers, this is a consortium of major stock property and casualty insur... |
| Factory Mutuals |
A group of direct-writing mutual insurance companies, independently owned and operated, which underw... |
| Facultative Certificate |
The formal document between the ceding company and the reinsurer with respect to the reinsurance ces... |
| Facultative Reinsurance |
Reinsurance effected item by item and accepted or declined by the reinsuring company after scrutiny,... |
| Facultative Treaty |
A contract between a ceding company and a reinsurer with regard to the handling of the placement of ... |
