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Related Definitions
Protection programs Programs that assist employees and families when direct compensation is terminated and with health care expenses.
Flexible manufacturing systems (FMS) Flexible manufacturing systems (FMS) refer the use of computers to change from one production process to another in order to produce
Multiple distribution systems Multiple distribution systems allow insurance marketing method that refers to the use of several distribution systems by an insurer; for
Information systems Information systems allows use of computer technology in the processing and storage of information and elimination of many routine tasks.
Earned premiums Earned premiums actually earned during the accounting period as contrasted with premiums written. Earned premiums represent the portion of written premiums that can be recognized as income for the
Claims adjustor Claims adjustor is a person who settles claims: an agent, company adjustor, independent adjustor, or public adjustor.
Claims-made policy Claims-made policy is a liability insurance policy that only covers claims that are first reported during the policy period, provided the
Withdrawal symptoms Withdrawal symptoms is the physical and psychological effects of no longer taking a substance one has become addicted to. Originally applied to hard drugs but now
Systems theory Systems theory is system is usually considered to be a series of interconnected elements forming an organized or organic whole, e.g. central nervous system
Arms index Arms index also known as a TRading INdex (TRIN). The index is usually calculated as the number of advancing issues divided by the number of declining issues. This, in turn, is divided by the advancing volume divided by the