Insurance

1	actuary	n. a person who calculates risks for insurance companies
2	assessor	n. a person who calculates the value of something [eg: a building, car etc]
3	claim	n. an application for payment under an insurance policy - to make a claim v.
4	comprehensive	n. [of an insurance policy] all-inclusive; providing complete protection
5	consequential loss	n. a loss that happens as a consequence of or as a result of another
6	coverUK	n. the protection given by an insurance policy [eg: public liability cover]
7	employer’s liability	n. liability or responsibility of a firm for damage caused to one of its employees
8	goods in transit	n. property, merchandise or any goods in the process of being transported
9	insurance broker	n. agent who arranges insurance; middleman between insurer & policyholder
10	liability	n. 1 the state of being liable 2 anything for which a person is liable
11	liable	adj. legally obliged to pay for damage, injury etc; responsible - liability n.
12	loss	n. death, injury, damage etc that is the basis for a claim - to lose v.
13	loss adjuster	n. a person who assesses the amount of compensation arising from a claim
14	policy	n. a contract of insurance [eg: a product liability policy]
15	policyholder	n. the person to whom an insurance policy is issued
16	premium	n. a payment, usually monthly, yearly etc, for an insurance policy
17	product liability	n. liability or responsibility of a firm for damage caused by one of its products
18	public liability	n. responsibility of a firm for damage caused to a member of the public
19	reinsurance	n. the insuring of a risk by one insurance company with another - to reinsure v.
20	risk	n. 1 chance or possibility of injury, loss etc 2 person or thing causing risk