| Package Policy |
A combination of property-liability coverages of two or more separate policies in one contract with ... |
| Paid Business |
A life and health insurance term used to designate the business that has been underwritten and accep... |
| Paid-up Additions |
A life insurance option allowing the insured to use policy dividends to purchase additional limits o... |
| Paid-up Insurance or Paid-up At Age Life Insurance |
A whole life insurance policy giving standard lifetime protection, but where the policy becomes p... |
| Paid-up Policy |
A life policy that requires no more premium payments. Death benefits are not paid, however, until de... |
| Pair-and-set Clause |
An inland marine policy provision which requires the insurer, at the insured's option, to restor... |
| Panel Wall |
In building construction, a panel wall is normally an exterior, one-story, nonbearing panel. In mult... |
| Paramedics Professional Liability |
Specially designed professional liability coverage for the exposures experienced by paramedics who h... |
| Parapet |
A division wall or fire wall which, if it is to be accepted as a standard division, must extend thro... |
| Parcel Post Insurance |
An inland marine form that insures against the loss of merchandise in transit by government parcel p... |