Adjuster - An insurance claims agent who evaluates insurance claims to determine the insurance company's liability according to the terms of a policy.
Any Occupation - An any-occupation policy only provides total disability benefits if the insured is unable to work in any occupation.
Appraisal - An assessment of property value (e.g. house value) or of the extent of property damage to determine the value of the property at the time of loss.
Activities of Daily Living (ADL) - A term referring to eating, bathing, getting dressed, toileting, mobility, and continence, known as routine activities people do daily without assistance. The performance of these activities helps to determine the extent of long-term care and health coverage needed.
Beneficiary - An individual who receives distributions from a policy.
Claim - A formal request to an insurance company for coverage or compensation for a covered loss.
Contract - A written agreement between the insured and the insurer.
Co-payment/Co-insurance - Payment made by the insured in addition to the insurer's financial contribution.
Liability - Being responsible for an act or something that occurred
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