Insurance Firm Synonyms

Insurance Firm Definitions

Useful Words

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Insured : بیمہ دار , General Agent : بیمے والا , Reinsure : دوبارہ بیمہ کرانا , Loss Ratio : نقصان کی مقدار , Insurance : کسی نقصان کے تحفظ کے لیے بیمہ کرانا , Cover : بیمہ کرانا , Insurance Premium : بیمہ کی قسط , Reinsurance : دوہری بیمہ کاری , Health Insurance : صحت کا بیمہ , Health Care : بیمار کا بیمہ , Adjust : رقم طے کرنا , Coinsurance : مشترکہ بیمہ , Hazard Insurance : خطرے کا انشورنس , Take-Home Pay : خالص تنخواہ , Hospitalization : ہسپتال کا بیمہ , Moral Hazard : بیمہ دار کی ممکنہ بد دیانتی پر مبنی بیمہ کمپنی کو خطرہ , Life Assurance : زندگی کا بیمہ , Health Maintenance Organization : صحت کے مشترکہ بیمے کا ادارہ , Term Insurance : میعادی بیمہ , Fixed Charge : مقررہ خرچ , Actuary : بیمے کا حساب کرنے والا , Double Indemnity : دہرا ہرجانہ , Adjuster : بیمے کے دعووں کو چکانے والا , Medicare : طبی دیکھ بھال , Jewelry Dealer : زیور کا سوداگر , Car Dealer : گاڑی کا سودا کرنے والا , Computer Dealer : کمپیوٹر کا تاجر , Fund : سرمایہ , Acquirer : خریدنے والا , Admonishment : جھڑکنا , Hard-Line : غیر لچک دار اصول

Useful Words Definitions

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Insured: a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc..

General Agent: an agent who sells insurance.

Reinsure: insure again by transferring to another insurance company all or a part of a liability assumed.

Loss Ratio: the ratio of the annual claims paid by an insurance company to the premiums received.

Insurance: promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company.

Cover: protect by insurance.

Insurance Premium: payment for insurance.

Reinsurance: sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured.

Health Insurance: insurance against loss due to ill health.

Health Care: social insurance for the ill and injured.

Adjust: decide how much is to be paid on an insurance claim.

Coinsurance: insurance issued jointly by two or more underwriters.

Hazard Insurance: insurance that provides protection against certain risks such as storms or fires.

Take-Home Pay: what is left of your pay after deductions for taxes and dues and insurance etc.

Hospitalization: insurance that pays all or part of a patient`s hospital expense.

Moral Hazard: (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance).

Life Assurance: insurance paid to named beneficiaries when the insured person dies.

Health Maintenance Organization: group insurance that entitles members to services of participating hospitals and clinics and physicians.

Term Insurance: low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value.

Fixed Charge: a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.).

Actuary: someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums).

Double Indemnity: a clause in an insurance policy that provides for double the face value of the policy in the case of accidental death.

Adjuster: one who investigates insurance claims or claims for damages and recommends an effective settlement.

Medicare: health care for the aged; a federally administered system of health insurance available to persons aged 65 and over.

Jewelry Dealer: a firm that sells and buys jewelry.

Car Dealer: a firm that sells and buys cars.

Computer Dealer: a firm or person that sells and buys computers.

Fund: a financial institution that sells shares to individuals and invests in securities issued by other companies.

Acquirer: a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock.

Admonishment: a firm rebuke.

Hard-Line: firm and uncompromising.