When you're looking for insurance, it’s good to have an understanding of the key terms used across the industry. There are a lot of insurance specific words and concepts and knowing their definitions can help you choose your policy better. This knowledge may even open a line of communication with your Independent Agent and help them ensure that your policy fits your situation.
The Insurance Information Institute (I.I.I.) provides a comprehensive and useful glossary of insurance terms. For more than 40 years, the I.I.I. has been a definitive resource of information to help improve public understanding of insurance.
View their insurance glossary or visit their Web site at www.iii.org.