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General Insurance !!!

 
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Lucasto
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PostPosted: Sun Nov 04, 2007 9:01 pm   Post subject: General Insurance !!!  

Hi Guyz,

Any Document that will help me out with the different terminologies pertaining to General Insurance ?
Like what's a Temporary, Permanent Mta ? Different Types of Covers for a Building and Motor.
Thanx in advance Smile
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Lolita
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PostPosted: Mon Nov 05, 2007 11:17 am   Post subject: url  

check if this url is of any use >> ampminsure.org/notepad/terminology.html -Lolita
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Colridgeoccurt
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PostPosted: Mon Nov 05, 2007 11:25 am   Post subject:   

Hi I feel the insurance glossary at the iii.org has a lot to provide in terms of general insurance terms.
Colridgeoccurt

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CalibreRosyCosy
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PostPosted: Mon Nov 05, 2007 12:31 pm   Post subject: Mid term adjustment  

Mid term adjustment is all about alterations done to a particular insurance policy with respect to the premium.This procedure may may involve an increase or decrease in premiums. I have also heard of some special-case mta(s) where the policy gets canceled & the coverage becomes nil. Wish this helps!
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Lucasto
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PostPosted: Mon Nov 05, 2007 7:18 pm   Post subject: Hi Guyz  

Thanx a Lot
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Jaanu
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PostPosted: Tue Nov 06, 2007 2:36 am   Post subject:   

lucasto, whatever CalibreRosyCosy said was correct.
Hi CalibreRosyCosy
How many claims we can do for the Motor policy?
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Lucasto
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PostPosted: Tue Nov 06, 2007 4:50 am   Post subject: Regarding Temporary MTA  

Hi,
Regarding a Temporary MTA, Is it true that if there exists a future MTA then the Policy is locked for any future changes ?
Any idea What the correct situation when the policy is locked ?
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Jaanu
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PostPosted: Tue Nov 06, 2007 4:54 am   Post subject:   

On the period of Temporary MTA only you can't do any quote. Once your temporary MTA period is over you can do quote.
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