ALLiS Login | phone icon (877) 254-4429

Insurance Glossary

Industry jargon and unfamiliar terminology can be confusing.

No insurance resource would be complete without a helpful menu of terms and concepts. This information-rich list will help you make sense of the solutions you are considering.

Choose a section to view:

0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z (ALL)


​The process insurance companies go through with each application to determine whether or not to insure an individual and, if so, what the terms, conditions, and rates will be (risk assessment). They typically examine several factors to ensure policy owners are treated equitably and not charged excessive or, conversely, inadequate rates for that insurance coverage. Special questionnaires may be required for specific avocations, travel, and health conditions.