The Insurance Center

AD&D stands for Accidental Death and Dismemberment. AD&D is a type of life insurance that pays in the case of the death or dismemberment of the insured from an accidental cause.

AD&D stands for: 1) Accelerated Distribution & Dollar Amount 2) Accidental Death and Dismemberment 3) Acceptable Decision & Determination #terminologytuesday #trivia #insurance

In Life Insurance, face value means the benefit amount of the policy!

In Life Insurance, face value means what?

Employee dishonesty. A fidelity bond insures an employer against acts of employee dishonesty such as theft or embezzlement!

A fidelity bond insures an employer against what: #TriviaTuesday #terminology #QuizYourFriends

Renewal is a new policy which replaces one that is expiring or cancelled! #playeverytuesday #trivia #knowyourpolicies #insurance #knowledge

What is the definition of 'Renewal'? A new policy which replaces one that is _______________ or ________________. #insurance #insurancenews #quiz #Trivia

Commercial General Liability is sometimes abbreviated to 'CGL'. #thanksforplaying #insurance #learnsomethingnew #trivia

What commercial insurance coverage type is sometimes abbreviated to 'CGL'? Commercial ________ ________. #TerrificTuesday #terminologytuesday #quiz #DoYouKnow #fyi

Nice job! Answer: Gap between 2 policies. Gap coverage is insurance purchased to cover the "gap" between primary insurance and an excess policy.

What is "gap coverage" purchased to cover? The... #terminologytuesday #quiz #knowledgeispower

ANSWER: Indemnify – To reimburse or otherwise pay for an incurred loss. #TerminologyTuesday #TriviaTuesday #Trivia #KnowledgeIsPower #learnsomethingnew

Choose the word that means: 'To reimburse or otherwise pay for an incurred loss.' #TerminologyTuesday #TriviaTuesday #Trivia #KnowledgeIsPower #learnsomethingnew

Mortgage lenders typically require individuals to carry homeowners insurance. @TIC_Insurance #TriviaTuesday

Who typically requires individuals to carry homeowners insurance? #triviatuesday #Terminology #quiz #Insurance

@TIC_Insurance Madison team is relocating TODAY! Here are the details: ticinsurance.com/madison-office… #newaddress #office #Madison #Wisconsin #WI #OpenEnrollment #FYI #insurance #Agent #LocalNews #movingday #new #changeisgood #FutureReady #teamwork #relocation #Knowledgeispower #TIC

💼@TIC_Insurance is #Hiring for #full-time positions! Check out our new #job postings: ticinsurance.com/join-our-team/… #Insurance #Careers #jobseeker #Wisconsin #findyourpassion #minnesota #onalaska #wisconsinjobs #employment #Appleton #applynow #work #Sales #Administration #Insurance

ACV stands for 'Actual Cash Value'. This refers to the replacement cost of property that had been damaged or destroyed at the time of a loss. Thanks for playing!

In the insurance industry, what does ACV stand for? #terminologytuesday #quiz #Poll #insurance #KnowledgeIsPower