| Wage Loss Benefits |
Most often mentioned with workers compensation, the term refers to amounts sought in damages that re... |
| Waiting Period |
1) In health insurance, the duration of time between the start of a disability and the start of b... |
| Waiver |
1) In property-liability insurance, the intentional relinquishment of a known right. To illustrat... |
| Waiver of Premium For Payor Benefit Rider |
Used in juvenile policies or policies where the premium payor is different from the insured to pay f... |
| Waiver of Subrogation |
A condition of an insurance policy which states that the coverage will not be prejudiced if the insu... |
| War Exclusions or War Risk Clause |
Language exempting the insurer from liability for claims arising out of war or warlike operations. |
| War Risk Insurance |
Insurance against loss or damage to property due to war. It is freely written on marine risks but no... |
| Warehouse to Warehouse Clause |
Language in a policy of marine cargo insurance which extends the protection from the warehouse at wh... |
| Warehousepersons Legal Liability Policy |
Covers responsibility for loss or damage to property in the insured's warehouse. |
| Warranted No Known or Reported Losses - WNKORL |
This term has application to the excess or catastrophic reinsurance market. When a reinsurer is aske... |
