Fiscal Agent A Fiscal Agent, also known as Fiscal Sponsor, is a financial institution or security business that acts as a business or service company's monetary negotiator.
Escrow Agent An Escrow Agent is an individual or business that temporarily holds property as a neutral intermediary while a purchase is being made or an issue is resolved.
Generation-skipping Trust A Generation-skipping Trust is a legally valid trust document where the grantor's properties are handed down to the grantor's grandchildren, thereby "skipping" the children.
Real Estate Agent A Real Estate Agent basically bridges the gap between buyers and sellers who want to buy or sell their property as well as seek licensed professionals to represent them...
Boomer Generation People who were born between the years of 1946-1964 are known as “baby boomers” and this generation is called the Boomer Generation.
Multiple line exclusive agency system Multiple line exclusive agency system under this marketing system, agents who sell primarily property and casualty insurance also sell individual life and health insurance products. The agents represent only one insurer or group of insurers that are financially interrelated
Independent agency system Independent agency system is a type of property and casualty insurance marketing system, sometimes called the American agency system, in which the agent is an independent businessperson
Imputed negligence Imputed negligence case in which responsibility for damage can be transferred from the negligent party to another person, such as an employer.
Funding agency Funding agency is a financial institution that provides for the accumulation or administration of the contributions that will be used
General aggregate limit General aggregate limit is in the commercial general liability policy, it is the maximum amount the insurer will pay for the sum of the following—damages under Coverage A and B, and medical expenses