Verbal Threshold: In no-fault auto insurance states
with a verbal threshold, victims are allowed to sue in tort
only if their injuries meet certain verbal descriptions of
the types of injuries that render one eligible to recover
for pain and suffering.
Vested Commissions: Renewal commissions payable to
the writing agent or his estate, whether or not he remains
with the company.
Vesting: A provision that a pension participant will,
after meeting certain requirements, retain a right to all
or part of the accrued benefits, even though the employee
may leave the job before retirement.
Viatical Settlement: Payment of a portion of the proceeds
from life insurance to an insured who is terminally ill.
Voluntary Market: The market where one seeking insurance
obtains insurance in the open market with no help from the
state, through an insurer of his or her own selection.
Click on the letter of alphabet, which the word you are looking for begins with:
