844-243-8467 Español ☰ ˟
844-2GET-INS
(844-243-8467)
Logo
Español
  • Home
  • Get A Quote
    • Business Owners (BOP) Instant Quote
    • Commercial Property
    • Commercial Umbrella
    • Cyber Security Instant Quote
    • Commercial Auto
    • General Liability
    • Professional Liability Insurance Quote FormsImage of right arrow
      • Professional Liability
    • Workers Compensation Quote
  • Our Products
    • Insurance by CoverageImage of right arrow
      • Builder's Risk
      • Business Owners Policy (BOP)
      • Business & Commercial
      • Commercial Auto Insurance
      • Commercial Property Insurance
      • Commercial Umbrella Insurance
      • Cyber Security Insurance
      • Flood Insurance
      • Liquor Liability Insurance
      • General Liability Insurance
      • Product Liability Insurance
      • Professional Liability Insurance
      • Special Events Insurance
      • Workers Compensation
    • Insurance by IndustryImage of right arrow
      • Building Service Contractors
      • Contractors Insurance
      • Educational Facility Insurance
      • Rental Property Insurance
      • Restaurant, Bar, & Tavern Insurance
  • Customer Service
    • Request ID Card For Commercial Auto
    • Request General Liability Certificate of Insurance
    • Self Service
  • Resources
    • Articles/Blogs
    • File a Claim
    • Hurricane Preparedness
    • Insurance Glossary
    • Our Partners
    • Refer a Friend
  • About Us
    • About Streamlined Business Insurance
    • Our Community
    • Testimonials
    • Trusted Choice
    • Privacy Policy
  • Contact Us
    • Contact Us
    • Join our Newsletter
Home > Glossary > K

Insurance Glossary

Insurance terms and definitions from Streamlined Business Insurance.


Coverages and benefits listed below may not be available in your state. If available, some optional coverages and benefits might be offered at an additional charge. Contact Streamlined Business Insurance today to learn more.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
KEY PERSON INSURANCE
Insurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss.

KIDNAP/RANSOM INSURANCE
Coverage up to specific limits for the cost of ransom or extortion payments and related expenses. Often bought by international corporations to cover employees. Most policies have large deductibles and may exclude certain geographic areas. Some policies require that the policyholder not reveal the coverage’s existence.


NOTICE: These glossary definitions provide a brief description of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control. Additionally, this informational resource is not intended to fully set out your rights and obligations or the rights and obligations of the insurance company, agent or agency. If you have questions about your insurance, you should contact your insurance agent, the insurance company, or the language of the insurance policy.

Insurance Websites Designed and Hosted by Insurance Website Builder
Glossary content provided by Insurance Information Institute and ITC

Logo Logo
Quick Links
Home Our Products Manage Policy Payment Options
About Us Refer A Friend Contact Us
Location
Coconut Creek, FL 33073
Toll Free: 844-2GET-INS
(844-243-8467)

Email Us
Social Social Social Social
© Copyright. All rights reserved.
Powered by Insurance Website Builder