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Flood risk is collective with respect to insurance terms because the risk of one insured person to have his/her house flooded is not independent from the risk of his/her neighbor's house being flooded.
Insurance terms require a dictionary.
You may also find the Glossary of Insurance Terms helpful.
But what document can be breezy, if it must parse insurance terms like "adjusted community rating"?
But we have a deeply ambiguous attitude towards alcohol - and when we read the insurance terms, it's like seeing those maximum recommended daily intakes.
People on holiday are more likely to have been drinking - but the insurance terms are unambiguously strict in their exclusion of alcohol-related claims.
Similar(36)
Last December Britain and the European Union agreed an insurance policy (termed the "backstop").
This is a technical insurance term.
Until recently, consumers chose between two basic types of life insurance - term or whole life.
Mr. Brant at U.C.L.A. said the association also offers alumni programs for short-term medical insurance, term life insurance and eye care.
BUY LIFE INSURANCE Term insurance, which pays a specific sum if you die within a certain term, like the next 20 years, is usually the cheapest and most efficient avenue.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com