Insurance Terms

adjective Accidental is an adjective that describes something happening by chance or unintentionally.

• The investigation concluded that the fire was accidental and not caused by arson.
• I accidentally spilled my coffee all over my desk this morning.
• I totally didn't mean to send that text, it was accidental.
• His success in the music industry was purely accidental, he never planned for it.

adjective acting against or in a contrary direction; hostile; unfavorable; harmful

• The drug may cause adverse reactions in some patients.
• Eating too much junk food can have adverse effects on your health.
• Skipping class can have some pretty adverse consequences.
• His adverse attitude towards change is hindering his progress.

noun a judgment or evaluation of the worth, quality, or importance of something

adjective relating to the act of appraising or evaluating

• The company conducted a thorough performance appraisal for all employees.
• I just had my annual appraisal at work, and it went pretty well.
• I aced my performance appraisal - looks like I'm getting that raise!
• Her appraisal of the situation was spot-on, showing great insight and understanding.

noun a motor vehicle

adjective relating to automobiles or motor vehicles

• The auto industry is constantly evolving with new technological advancements.
• I need to get my auto serviced before going on a road trip.
• I love cruising around in my sweet auto.
• His mind works like an auto, constantly processing information.

noun a fence or screen set up behind a catcher to prevent the ball from going too far when it is missed

verb to act as a backstop for something

• The backstop is a mechanism to prevent a hard border between Northern Ireland and the Republic of Ireland.
• The backstop is like a safety net to avoid any issues with the border in Ireland.
• The backstop is there to make sure things don't go haywire at the border.
• The backstop acts as a security blanket for the peace process in Ireland.

noun a written promise signed by a defendant and surety to ensure that a criminal defendant will appear in court at the scheduled time and date

• The defendant was released from jail after posting a bail bond.
• They had to pay a bail bond to get out of jail.
• I had to fork over a bail bond to get my friend out of trouble.
• Sometimes forgiveness is like a bail bond for the soul, setting us free from guilt.

noun a person or thing that carries or holds something

adjective relating to someone or something that carries or holds

• The bearer of the document must present it at the reception desk.
• Could you be the bearer of good news and tell me what happened?
• I heard she's the bearer of some juicy gossip.
• Love is the bearer of all emotions, good and bad.

noun the value of a company's stock according to its balance sheet account balance

• The company's assets are recorded on the balance sheet at their book value.
• I heard that the book value of that car is much lower than its actual worth.
• I can't believe they sold that house for way below its book value!
• Sometimes we have to look beyond the book value of a person to truly understand their worth.

noun a person who buys and sells goods or assets for others

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• The broker facilitated the sale of the property between the buyer and seller.
• I hired a broker to help me find the best insurance policy.
• My broker hooked me up with a sweet deal on that car.
• She acted as a broker of information between the two parties.

noun a vessel or vehicle for transporting people or things

• The airline carrier has strict regulations for carry-on luggage.
• I always choose that carrier because they have the best snacks.
• I heard that new carrier is lit, we should try it out.
• Education is the carrier of civilization.

noun an event causing great and often sudden damage or suffering

• The earthquake was a catastrophic event that caused widespread destruction.
• The party was a total catastrophe, nothing went as planned.
• The concert was a total disaster, it was a real catastrophe.
• Losing my phone would be a catastrophe, I have all my important information on it.

noun an assertion of the truth of something, typically one that is disputed or in doubt

verb state or assert that something is the case, typically without providing evidence or proof

• The company made a claim against the insurance policy for the damages.
• She claims she saw a UFO last night, can you believe it?
• I call BS on his claim that he can bench press 300 pounds.
• His claim to the throne was challenged by his younger brother.

noun a building or complex of buildings containing a number of individually owned apartments or houses

• The condominium complex is managed by a professional property management company.
• I'm thinking of buying a condo in that new condominium building.
• Let's crash at my friend's condo in the fancy condominium downtown.
• Living in a condominium is like being part of a close-knit community.

noun A measurement of an individual's or organization's creditworthiness based on their credit history and financial behavior.

• The bank will consider your credit rating when determining your eligibility for a loan.
• I heard that Sarah's credit rating is really good, so she was able to get a low interest rate on her car loan.
• Dude, my credit rating took a hit after missing a few payments last year.
• Your credit rating in the eyes of your peers can determine how trustworthy you are in their eyes.

noun physical harm caused to something in such a way as to impair its value, usefulness, or normal function

verb to cause harm or injury to something

• The plaintiff is seeking compensation for the damages caused by the defendant's negligence.
• The car accident left him with a lot of damages to pay for.
• She's gonna have to shell out some serious cash for those damages.
• The emotional damages from the betrayal were far worse than any physical harm.

noun the act of dying or the state of being dead

verb to die or pass away

• The official document listed the cause of decease as heart failure.
• I heard about the decease of our neighbor's cat last week.
• Did you hear about the decease of that old car? It finally gave out.
• The decease of traditional values in society is a concerning trend.

adjective Describing someone who has passed away or is no longer living.

• The deceased left behind a will outlining the distribution of their assets.
• I heard that the deceased's family is holding a memorial service next week.
• Did you hear about the deceased? It's such a sad situation.
• The once vibrant neighborhood now feels like a deceased ghost town.

verb to subtract or take away from a total

• The company will deduct the cost of the damaged equipment from your paycheck.
• They'll deduct the money for the pizza from what you owe.
• I'm gonna deduct that from your tab, okay?
• You can deduct the time spent on this project as a valuable learning experience.

noun the act of clearing someone from blame or guilt; vindication

• The defendant's exculpation was based on solid evidence presented by the defense attorney.
• The guy got off the hook because his lawyer proved he didn't do it.
• He totally dodged the blame thanks to some slick maneuvering by his legal team.
• Her exculpation felt like a weight lifted off her shoulders, finally free from accusations.

noun The small or hard-to-read text in a contract or agreement that often contains important details or conditions

• It is important to carefully read and understand the fine print before signing any contract.
• Make sure you don't miss anything in the fine print when you sign the agreement.
• Always be sure to check out the fine print so you don't get screwed over.
• In life, it's crucial to pay attention to the fine print to avoid any unexpected consequences.

noun not applicable

verb not applicable

adjective able to be foreseen or predicted

adverb not applicable

pronoun not applicable

preposition not applicable

conjunction not applicable

interjection not applicable

article not applicable

• The company's financial projections are based on foreseeable market trends.
• I can't predict the future, but I think it's pretty foreseeable that prices will go up.
• It was totally foreseeable that she would bail on us at the last minute.
• In the grand scheme of things, the consequences of our actions were foreseeable from the start.

noun small pellets of ice that fall from the sky like rain

verb to greet or acclaim enthusiastically

• The farmers were worried about the potential damage to their crops from the hail storm.
• We had to pull over on the highway because the hail was coming down so hard.
• I can't believe how much hail we got last night, it was crazy!
• The CEO's new policy was met with a hail of criticism from employees.

noun a noun representing the act of putting something or someone in danger or at risk

• The imperilment of endangered species is a serious concern for conservationists.
• He was warned about the imperilment of his job if he continued to arrive late.
• Dude, you're really risking imperilment by not wearing a helmet while skateboarding.
• Her reckless behavior led to the imperilment of her reputation in the community.

adverb to the greatest extent or degree; completely or entirely

• Please make sure to pay the invoice in full by the due date.
• Don't forget to settle the bill in full before leaving.
• Make sure you cough up the cash in full or there will be consequences.
• He poured his heart out in full during the emotional speech.

adjective describing someone who is unable to act or function normally due to injury or illness

• The patient was incapacitated after the surgery and needed round-the-clock care.
• He was completely incapacitated by the flu and couldn't get out of bed for days.
• After the accident, he was so incapacitated that he couldn't even move a muscle.
• The team was incapacitated by the unexpected setback, but they managed to regroup and continue with their project.

verb to compensate for loss, damage, or injury; to secure against legal liability

• The company agreed to indemnify the supplier against any potential losses.
• Don't worry, the insurance will indemnify you in case of any accidents.
• I'll make sure to cover your back and indemnify you if anything goes wrong.
• Her kindness served as a shield to indemnify him from the harsh realities of life.

noun abbreviation for 'inches'

preposition shortened form of 'into' or 'in'

conjunction shortened form of 'since'

• The new software update includes several important ins and outs for users to familiarize themselves with.
• I heard the ins and outs of the project are a bit complicated, but we'll figure it out.
• Let me fill you in on all the ins and outs of the party last night.
• Understanding the ins and outs of the stock market can be tricky for beginners.

noun a person or company that provides insurance policies to individuals or organizations

• The insurer will need to review the claim before making a decision.
• I need to call my insurer to see if my policy covers this.
• My insurer is always trying to find ways to avoid paying out claims.
• Being your own insurer means taking responsibility for your own actions.

noun a person made weak or disabled by illness or injury

adjective not valid or acceptable according to established standards or rules

• The contract was deemed invalid due to a technicality in the wording.
• You can't use that coupon, it's invalid now.
• That excuse is totally invalid, bro.
• Her argument was so weak, it was like an invalid point in a debate.

adjective not able to be changed, reversed, or recovered; final

• Once you sign the contract, it becomes irrevocable.
• I made an irrevocable decision to quit my job and travel the world.
• Dude, once you hit send, that text is irrevocable.
• The impact of her words was irrevocable, leaving a lasting impression on everyone in the room.

noun a temporary failure or slip

verb to come to an end, as a period of time

• The lapse in judgment led to serious consequences for the company.
• I had a lapse in memory and forgot to pick up the dry cleaning.
• Don't have a lapse, remember to bring the snacks for the road trip.
• Time seemed to lapse as we sat by the peaceful lake, lost in thought.

adjective legally responsible for something

• The company is liable for any damages caused by their product.
• You could be liable for the mess if you don't clean up.
• If you break the rules, you're liable to get in trouble.
• His reckless behavior made him liable to losing his job.

noun the feeling of grief after losing someone or something

• The company experienced a significant financial loss due to the economic downturn.
• I can't believe how much weight loss you've achieved since starting your new diet.
• I took a big L on that bet last night, lost all my money.
• Sometimes a loss in one aspect of life can lead to gains in another.

noun a false or misleading statement or account

• The company was accused of making a misrepresentation in their financial statements.
• He got in trouble for misrepresenting his qualifications on his resume.
• She's always trying to pull a fast one with her misrepresentations.
• His painting was a misrepresentation of the true beauty of the landscape.

noun a self-propelled vehicle that runs on a motor, such as a car, truck, or motorcycle

• The motor vehicle industry is constantly evolving with new technological advancements.
• I really need to get my motor vehicle serviced soon.
• I love cruising around in my sweet motor vehicle.
• His mind was like a well-oiled motor vehicle, always running smoothly.

noun a person who drives an automobile or is skilled in the operation of motor vehicles

• The motorist was cited for speeding on the highway.
• The driver got a ticket for going too fast.
• The guy behind the wheel got busted for speeding.
• The motorist raced down the road like a bat out of hell.

noun A mutual company is a type of company that is owned by its policyholders or customers, who are also entitled to receive dividends or other benefits based on the company's profits.

• A mutual company is owned by its policyholders, who share in the profits and losses of the company.
• I heard that the insurance company down the street is a mutual company.
• My cousin works for a mutual company and he says it's pretty chill.
• In a way, a mutual company is like a big family where everyone has a stake in its success.

noun a person who is negligent or acts negligently

adjective describes a person or behavior that shows a lack of care or attention

• The company was found negligent in their duty to provide a safe working environment.
• He was negligent in returning the borrowed tools on time.
• She's so negligent about keeping her room clean.
• His negligent attitude towards his health eventually caught up with him.

noun the state or condition of not being occupied or used

• Nonoccupancy of the property for an extended period may lead to maintenance issues.
• Leaving the property empty for too long can cause problems with upkeep.
• Ditching the place for too long can mess things up.
• The nonoccupancy of his heart left her feeling lonely and abandoned.

preposition A word that shows the relationship between a noun or pronoun and other words in a sentence. 'On account of' is a prepositional phrase that indicates the reason or cause of something.

• The event was canceled on account of the inclement weather.
• We decided to stay in on account of the rain.
• I bailed on the party on account of feeling tired.
• He missed the deadline on account of his procrastination.

noun an excess of something, especially in relation to a specified amount

• The store charged an overage fee for exceeding the limit on the number of items that could be purchased.
• I got hit with an overage charge for using too much data on my phone.
• I can't believe I have to pay an overage penalty for going over my monthly allowance.
• The overage of emotions spilled out of her as she couldn't contain her feelings any longer.

noun a sum of money lent or invested, on which interest is paid

adjective first or highest in rank, importance, value, etc.; chief; foremost

• The principal of the school is responsible for overseeing the daily operations.
• I heard the principal is retiring next year.
• The principal is cool, he lets us have extra recess sometimes.
• In this story, the principal character faces many challenges but ultimately triumphs.

noun a proportional or proportional share

verb to divide, distribute, or assess proportionally

• The cost of the project will be prorated based on the number of days each team member worked.
• We'll prorate the rent for the month you moved in halfway through.
• Let's just prorate the bill and split it evenly.
• His responsibilities were prorated among the team members to ensure fair distribution of work.

noun a repayment or compensation for services rendered or for losses

verb to discharge or settle a debt or obligation

• Upon receipt of the final payment, the debtor will issue a quittance to the creditor.
• Once you pay off the loan, you'll get a quittance from the bank.
• Yo, once you settle the debt, they'll give you a quittance, bro.
• Forgiveness can be seen as a quittance for past wrongs.

noun a type of property that includes land and any permanent structures attached to it

adjective describing the type of property as being tangible and immovable

• Real property refers to land and any structures attached to it, such as buildings or houses.
• I just bought a piece of real property out in the countryside.
• My aunt inherited some prime real property in the city.
• In literature, the mansion often symbolizes real property and wealth.

noun the action of restoring someone or something to a previous position or condition

• The board approved the reinstatement of the employee after a thorough review of the case.
• They finally decided to give her job back after looking into everything.
• They brought him back on the team after sorting out the issue.
• The return of her position symbolized a fresh start for the company.

noun a situation involving exposure to danger

verb to expose someone or something to danger, harm, or loss

• Before making any investment decisions, it is important to carefully assess the level of risk involved.
• I wouldn't take that job offer if I were you, it seems like too much of a risk.
• Dude, don't be a risk-taker and drive without a seatbelt.
• She knew that pursuing her dream of becoming an artist was a risk, but she was willing to take it anyway.

verb to retire or become ineligible for active duty due to age or infirmity

• Employees are encouraged to superannuate once they reach the retirement age.
• Many people choose to superannuate once they hit a certain age.
• Some folks just want to superannuate and enjoy their golden years.
• Ideas that are outdated and no longer relevant should superannuate in order to make room for new innovations.

adjective Superannuated is an adjective that means outdated or obsolete, typically referring to a person who is retired or past the age of usefulness.

• The company decided to replace the superannuated equipment with newer models.
• They finally got rid of the old superannuated stuff in the office.
• I can't believe they were still using that superannuated technology.
• Her superannuated way of thinking was holding her back from progress.

noun A person who is suffering from a disease or condition that is expected to lead to death

adjective Referring to a situation or condition that is incurable or cannot be remedied

• The patient was diagnosed as a terminal case with only a few months left to live.
• He's a terminal case, there's nothing more the doctors can do for him.
• She's a goner, a terminal case for sure.
• The project was a terminal case from the start, doomed to fail no matter what.

noun the act of taking something that does not belong to you

• The police are investigating the theft of valuable artwork from the museum.
• Did you hear about the theft at the jewelry store last night?
• I can't believe he got away with that theft!
• His constant lying is a theft of trust in our relationship.

noun a person or group besides the two primarily involved in a situation

adjective relating to or involving a third party

• The contract clearly states that any disputes will be resolved through arbitration with a third party.
• We might need to bring in a third party to help us settle this argument.
• Let's get a third party involved to mediate this situation.
• Sometimes it's helpful to have a third party perspective on a problem.

noun a wrongful act or an infringement of a right leading to legal liability

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• The plaintiff filed a lawsuit claiming damages for the tort committed by the defendant.
• I can't believe he's suing her for that little tort.
• I heard he got in trouble for pulling a tort on his neighbor.
• Betraying your friend's trust is a tort that can't easily be forgiven.

adjective describing a noun as not having been harmed or impaired in any way

• The artwork arrived undamaged thanks to the careful packaging.
• Luckily, the package with the fragile items came in undamaged.
• My phone fell but it's still undamaged, thank goodness!
• Despite the challenges, their friendship remained undamaged.

adjective a word that describes or modifies a noun, in this case 'undestroyed' describes something that has not been destroyed

• The ancient artifact remained undestroyed despite the passing of centuries.
• Luckily, my phone was undestroyed after I dropped it.
• I can't believe your car was undestroyed in that accident!
• Her spirit remained undestroyed despite facing numerous challenges.

adjective not able to be prevented or avoided

• The outbreak of the disease was deemed unpreventable by the health authorities.
• Sometimes accidents are just unpreventable no matter how careful you are.
• Dude, that car crash was totally unpreventable, like it came out of nowhere.
• Her heartbreak was like an unpreventable storm, sweeping through her emotions with no warning.

adjective not having the necessary provisions or resources

• The company was unprovided for the sudden increase in demand.
• I was unprovided with an umbrella when it started raining.
• She was totally unprovided for the surprise party her friends threw for her.
• His speech was unprovided with any compelling arguments.

adjective not able to be justified or authorized; unjustifiable

• The judge ruled that the search conducted by the police was unwarrantable.
• I can't believe they searched his car without a reason, that's just unwarrantable.
• It's totally unwarrantable for them to just barge in like that.
• Her unwarrantable intrusion into my personal life crossed a line.

verb to refrain from insisting on or enforcing (a rule, penalty, or right)

• The company decided to waive the application fee for all new customers.
• I heard they're waiving the late fee if you pay by the end of the week.
• They're totally gonna waive that charge, no worries.
• She had to waive her pride in order to ask for help.

adjective able to be justified or defended; justifiable

• The manufacturer offers a warranty that covers all warrantable repairs for the first year.
• I don't think that damage is warrantable under the warranty.
• I doubt they'll consider that issue warrantable for a replacement.
• His actions were not warrantable in any circumstance.

noun a storm with strong winds

• The windstorm caused extensive damage to the buildings in the area.
• Did you hear about the windstorm last night? It was crazy!
• That windstorm was a real doozy, wasn't it?
• The emotional turmoil felt like a windstorm raging inside her.

noun a person or entity to whom something is owed or who is entitled to something, typically in a legal context

• The obligee in this contract is the party who will receive the funds.
• You're the obligee in this situation, so make sure you get what you're owed.
• Don't worry, I'll be your obligee and cover your expenses.
• As the obligee of her heart, he promised to always be there for her.

noun a person who is bound or obliged to do something, typically by a contract, promise, or duty

• The obligor failed to meet their financial obligations as outlined in the contract.
• I heard the obligor didn't pay back the money they owed.
• That obligor really messed up by not fulfilling their duties.
• The obligor's promises were like a house of cards, easily broken.

noun A word that represents a person, place, thing, or idea.

preposition A word that shows the relationship between a noun (or pronoun) and other words in a sentence.

conjunction A word that connects words, phrases, or clauses in a sentence.

article A word that is used to specify a noun as specific or unspecific. In this case, 'the' is a definite article indicating a specific noun.

• In legal terms, the but for test is used to determine causation in negligence cases.
• You can think of the but for test as a way to figure out if something caused an event.
• The but for test is like the ultimate 'what if' scenario in law.
• Applying the but for test to our relationship, I realize that you are the reason for my happiness.

noun a type of mobile home or trailer that is twice as wide as a standard unit

• The double-wide trailer was spacious and had a modern design.
• I love living in a double-wide, it's so roomy!
• Check out that double-wide, it's huge!
• Her smile was as bright as a double-wide on a sunny day.

adjective describing something that is not subject to taxation

• Certain items purchased by nonprofit organizations may be nontaxable.
• Hey, did you know that gift cards are nontaxable?
• I love shopping online because most of the time the items are nontaxable!
• Her kindness towards others is like a nontaxable gift that keeps on giving.

noun A person to whom personal property is delivered in trust.

• The bailee is responsible for taking care of the goods entrusted to them by the bailor.
• As the bailee, make sure you keep track of all the items you borrowed.
• Yo, did you hear about the bailee who lost all the stuff they were supposed to look after?
• She felt like a bailee of emotions, holding onto feelings that were not her own.

noun a person who has died

• The decedent's estate will be distributed according to their will.
• The decedent's family is still grieving their loss.
• I heard the decedent was loaded, wonder who gets their money now.
• The decedent's legacy lives on through their charitable contributions.

noun a citation issued by a law enforcement officer for a violation of traffic laws

• The driver received a traffic ticket for speeding on the highway.
• I got a traffic ticket for running a red light.
• I can't believe I got slapped with a traffic ticket for texting while driving.
• Ignoring your responsibilities is like getting a traffic ticket from life.

adjective describing something that can be proceeded with or continued

• The project was deemed proceedable after thorough analysis and evaluation.
• Looks like we're good to go with this plan, it's proceedable.
• This idea is totally proceedable, let's make it happen!
• Her confidence made her seem very proceedable in the eyes of the audience.

noun a person who has been abandoned or deserted by someone else

• The abandonee was left with no means of support.
• The abandonee was totally ditched by their so-called friends.
• The abandonee got ghosted by their date last night.
• The abandonee felt like a discarded toy in a forgotten corner.

noun a qualification awarded to a student who is unable to complete their studies due to illness or other reasons

• The student was granted an aegrotat due to prolonged illness.
• The teacher excused the absence with an aegrotat note.
• I heard she got an aegrotat for faking sickness.
• His constant excuses were like an aegrotat for avoiding responsibility.

noun a shortened form of the word 'agency', which refers to an organization or business that provides a particular service or represents others

• The government agcy is responsible for regulating the financial industry.
• I heard that the agcy is cracking down on illegal parking in the city.
• My friend works for that cool agcy that helps with environmental conservation.
• The agcy of fate seemed to be working against him as he faced one obstacle after another.