This comprehensive guide will help you understand many important insurance and business terms. While the interpretations may differ slightly from one carrier to another, the glossary provides common, non-technical definitions for the most common terms.

The glossary is not intended to be all-inclusive, nor does it provide the specific policy, legal and contractual definitions. In fact, the terms and definitions are subject to change due to legal decisions and may in fact change without notice. You should always refer to the terms and conditions in your actual policy when you have specific coverage questions. In fact, simply reading a policy or glossary of terms in not a substitute for professional advice.

For ease of reference, glossary terms and acronyms are listed alphabetically.