Blanket Additional Insured Endorsement. An insurance policy endorsement that automatically provides coverage ... Insurance that protects a company and/or business owner in the ... Additional insurance coverage that is automatically included ... Any type of insurance policy that protects an individual or business ...
What is a 'Rebate' A rebate is the portion of interest or dividends earned by the owner (lender) of securities that are paid to a short seller (borrower) of the securities. The borrower is required to pay the interest or dividends to the owner.
reinsurance in Insurance (riÉªnÊÊÉrÉns) or reassurance. Reinsurance is insurance protection taken out by an insurer to limit its exposure to losses on an original insurance contract. A property insurer may not be able to buy reinsurance to protect its own bottom line unless it keeps its potential maximum losses under a certain level.