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glossary

Glossary

Credit-based Insurance Score

A credit score used by insurers to assess risk and determine premiums.

related terms

Loss of Use Charges

Rental car fees for the time a damaged vehicle is out of service.

Risk & Claims Management

Medical Exam

Health exam often required for life insurance underwriting.

Other Insurance Concepts

Umbrella Insurance

Extra liability insurance that goes beyond the limits of auto or homeowners policies.

Personal Insurance

Usage-Based / Telematics Insurance

Auto coverage priced based on driving habits tracked through technology.

Insurance Market & Pricing

Electronic-Filing Threshold (10-return rule)

IRS requirement mandating e-filing for filers submitting 10 or more returns.

Compliance & Regulatory Filings

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9855 West 78th St, Suite 100
Eden Prairie, MN 55344
(800) 923-4088

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