Entity name (sorted 2nd) |
Definition |
Parent
entity (sorted 1st) |
AccidentsSinceAdjustment |
Accidents this party had since the latest adjustment of the policy. |
|
AccountingDocument |
A document showing credits and debits. (Accounting system = a system that provides quantitative information about finances) |
|
AccountingDocumentLine |
A statement line on an accounting document. |
|
Action |
A process of any kind having influence on an insurance issue (contract, claim, premium notification, ...). |
|
AdditionalSubmission/RelatedDo |
Information regarding documents related to an assessment and/or additional submissions hereof. |
|
Address |
The place where a person or organization can be found or communicated with. |
|
Assessment |
A request for assessment or an assessment report. The classification of someone or something with respect to its worth. |
|
Circumstance |
Condition that accompanies or influences some event or activity, set of facts that surround a situation or event. |
|
CircumstanceColumn |
A column on a European Accident Notification Form with predefined circumstances. |
|
Claim |
A request made by a claimant against his own insurer for reparation of losses sustained in an incident. Also : a request for payment of a loss that may come under the terms of an insurance contract. A claim can only be made against one policy. |
|
Clause |
Paragraph or section in a contract stating a particular obligation or condition. |
|
Commission |
The part of an insurance premium paid by the insurer to an agent or broker for his professional services in procuring and servicing the insurance. |
|
CommunicationChannel |
A path along which information (as data or music), thoughts, or feelings are transmitted in the form of an electrical signal. |
|
Condition |
The terms, statements, wording in an insurance contract that state the rights and duties of the insured and of the insurer. |
|
Contract |
A binding agreement between two or more parties for the doing or not doing of certain things. A contract of insurance is embodied in a written document called the policy. |
|
ContractDocument |
Paper providing information regarding the contract in writing. |
|
Cost/Charge |
An amount paid for goods and services, a financial liability for something. |
|
Cover |
The scope of protection provided under a contract of insurance; any of several risks covered by a policy. |
|
CoverLimit |
Limit that applies to the cover terms for a policy. A limit may be expressed in many ways, such as a sum insured or a duration limit. There may be multiple limits to a single cover such as the standard limit and an extension. |
|
Damage |
The basis for a claim for indemnity or damage under the terms of an insurance policy. |
|
Declaration |
Statement in an insurance contract that provide information about the property or life to be insured and used for underwriting and rating purposes and identification of the property or life to be insured. |
|
Deductible |
The portion of an insured loss to be borne by the insured before he is entitled to recovery from the insurer. Also : the amount a policyholder agrees to pay, per claim or per accident, toward the total amount of an insured loss. |
|
Disability |
State of being disabled, unable to do something. |
|
Document |
Information about one writing providing information that relates to eg a party, risk object or policy. |
|
DocumentExchangeDetails |
Information about the exchange of a document. |
|
Engine |
Machine with moving parts that converts energy such as heath, electricity, etc into motion. |
|
Extension |
|
|
ExternalRole |
A role executed by a party in another insurance contract or claim than the one subject to this exchange |
|
Formula |
A formula is the distinction an insurer makes within a guarantee to indicate the different variations of guarantee a policyholder can chose from. As a consequence it is impossible to underwrite a guarantee twice within the same contract with different formulas. |
|
Guarantee |
Protection provided by insurance against losses caused by perils as defined in the policy. A guarantee can consist of subguarantees and/or covers. Stating premium is mandatory on the guarantee level. |
|
Incident |
An event giving rise to one or more losses. |
|
Index |
Figure showing the relative level of prices or wages compared with that of a previous date. |
|
InsuranceObject |
Something having concrete existence; living or non-living that forms an element of or constitutes the subject matter of insurance. The object may be a single occurrence of an object or a group of objects. An insurance object can be a person or an activity. |
|
KfkOperation |
A transaction, activity in relationship to and in accordance with the specifications of the knock-for-knock convention. |
|
LoadCapacity |
|
|
NCBLevel |
The position on the No Claim Bonus scale. No Claim Bonus = a reduction in a renewal premium to reflect a claim-free record; used most often in motor insurance. |
|
ObjectRole |
The role an object plays in insurance, eg risk object, damaged object, etc. |
|
Package |
|
|
Party |
An individual, group or body having a role in an insurance business function. A party may be a risk object. |
|
PartyRole |
The role party plays in insurance, eg policyholder, driver, insurance provider, etc. |
|
Premium |
The sum paid by a policyholder to keep an insurance policy in force. |
|
PremiumDiscountOrLoading |
Loading or discount applied to the base premium due to an underwriting decision, to calculate the net premium for a policy or a specific guarantee. |
|
PremiumNotification |
A form notice from an insurer or agency to a policy owner that a premium will be due on a given date. |
|
PremiumPeriod |
A time period for premium calculation, delimited by a start date and an end date. |
|
Profession |
The principal activity in your life for which you are paid. The employment a person has with one employer. Aka occupation, employment, job, activity. |
|
ProfitSharing |
A refund of part of the premium on a participating life insurance policy reflecting the difference between the premium charged and actual experience. Synonym = Policy dividend. |
|
Rate |
Amount of a charge or payment relative to some basis. |
|
RelatedParty |
A party having a relationship with another party. |
|
ReportWrittenAddress |
Structured description by means of street, house number, etc. of the place where the report about an incident is written. |
|
Response |
A statement (either spoken or written) that is made in reply to a question. |
|
RSRRegistration |
|
|
SeatingCapacity |
|
|
SecuritySystem |
A device securing, protecting an object against a peril. Synonym = Security device. |
|
Seniority |
Status attained by length of continuous service. Also : extend to which somebody is senior, has been in a job. |
|
Settlement |
An agreement on or payment made as indemnity of a loss. It connotes an agreement between both parties to the contract as to the amount and method of payment. |
|
Subguarantee |
A series of coverages, minimal one. Stating premium is optional. |
|
Tax |
Charge against a citizen's person or property or activity for the support of government. |
|
TechnicarData |
Data about vehicles published by Febiac (= the Belgian federation of the Car and Two-wheeler Industries). |
|
TransportedGoods |
Goods moved around; usually over long distances. |
|
Valuation |
Estimated or calculated worth, appraisal of the value of something. |
|
Value |
The amount (of money or goods or services) that is considered being a fair equivalent for something else. |
|
VehicleFoundAddress |
Structured description by means of street, house number, etc. of the place where the stolen vehicle is now to be found. |
|
VERIDASSRegistration |
Registration of the insurance details of a vehicle in the system enabling to identify the insurer and/or to control the state of insurance of a vehicle registered in Belgium. |
|
Bordereau |
An itemized statement of transactions. |
AccountingDocument |
CurrentAccount |
A monthly financial statement provided to an intermediary by an insurer showing premiums written, cancellations, endorsements, and commissions. Balance of payments. |
AccountingDocument |
BordereauLine |
A statement of transaction. |
AccountingDocumentLine |
CurrentAccountLine |
A statement line on the current account. |
AccountingDocumentLine |
Amendment |
A formal document changing the provisions of an insurance policy signed jointly by the insurer and the policyholder or his authorized representative. |
Action |
Annulment |
Final cessation. |
Action |
Bid/Offer |
A bid (= a proposal to buy at a specified price) for purchase sent in by a potential buyer as a response on a request for bids. |
Action |
Cancellation |
The discontinuance of an insurance policy before its normal expiration date, either by the insured or the company. Termination of a contract of insurance in force by voluntary act of the insurer or insured in accordance with the provisions in the contract or by mutual agreement. |
Action |
ContractChange |
Alteration or modification to a contract. |
Action |
Expiry |
The normal ending of a contract. |
Action |
ManagementAct |
An action bringing forward the treatment of a file. |
Action |
PremiumInvoiceRelatedAction |
An action related to a premium notification/invoice. |
Action |
Reinstatement |
Getting in force again after suspension. |
Action |
Renewal |
Continuance of coverage under a policy beyond its original term by the insurer's acceptance of the premium for a new policy term. |
Action |
RequestForBid |
A request to potential buyers of wrecks to submit bids for purchase. |
Action |
Suspension |
Temporary cessation (= prevent something from being in effect for a time). |
Action |
Transfer |
The act of transferring something from someone to another. |
Action |
Hunting |
The pursuit and killing or capture of (wild) animals regarded as a sport. |
Activity |
ActivityExecutionAddress |
Structured description by means of street, house number, etc. of the place where an activity usually is executed. |
Address |
BillingAddress |
Structured description by means of street, house number, etc. of the place where bills are to be send to, to make them be receptive by a party. |
Address |
BranchOfficeAddress |
Structured description by means of street, house number, etc. of the place where a branch office is located. |
Address |
EventAddress |
Structured description by means of street, house number, etc. of the place where an event happened. |
Address |
FutureAddress |
Structured description by means of street, house number, etc. of the place where the party is going to be officially registered, have residence, domicile. |
Address |
HeadOfficeAddress |
Structured description by means of street, house number, etc. of the place where a company's head office is located. |
Address |
MailPrimaryAddress |
Structured description by means of street, house number, etc. of the place where postal mail is to be send to. |
Address |
MailSecondaryAddress |
Structured description by means of street, house number, etc. of the place where postal mail is to be send to. |
Address |
OfficialAddress |
Structured description by means of street, house number, etc. of the place at which the party is officially registered, has residence, domicile. |
Address |
PreviousAddress |
Structured description by means of street, house number, etc. of the place where the party was registered previously. |
Address |
RiskAddress |
Structured description by means of street, house number, etc. of the place where a risk is located and at risk. |
Address |
SecondResidencyAddress |
Structured description by means of street, house number, etc. of the place where the party has second residency. |
Address |
AnnualPremiumIndexed |
The premium, excluding costs and charges, covering a one-year period, following index fluctuations. |
AnnualPremium |
AnnualPremiumNonIndexed |
The premium, excluding costs and charges, covering a one-year period, not following index fluctuations. |
AnnualPremium |
CommercialBuilding |
A construction that (normally) has a roof and walls which is for commercial use. |
Building |
PrivateBuilding |
A construction that (normally) has a roof and walls which is for private use. |
Building |
WorkersCompensationClaim |
Claim against employers liability cover. |
Claim |
Insured |
Policyholder or beneficiary acting as claimant. |
Claimant |
Victim |
Person that is injured or killed as the result of an accident covered under the terms of employer's liability insurance. |
Claimant |
AcquisitionCommission |
Acquisition commission is commission for the writing of the policy. Mainly given in Life Insurance. |
Commission |
FirstCommission |
The commission amount granted at underwriting in case the acquisition commission amount is superior to the first premium amount. Mainly in Life Insurance. |
Commission |
LastCommission |
|
Commission |
SecondCommission |
The commission amount granted at the first renewal date. The amount can include acquisition commission in case the acquisition commission amount is superior to the first premium amount. Mainly in Life Insurance. |
Commission |
ThirdCommission |
The commission amount granted at the second renewal date. The amount can include acquisition commission in case the acquisition commission amount is superior to the sum of the first premium amount and the second premium amount. Mainly in Life Insurance. |
Commission |
eMail |
A means or system for transmitting messages electronically (as between terminals linked by telephone lines or microwave relays). |
CommunicationChannel |
Fax |
A system of transmitting and reproducing graphic matter (as printing or still pictures) by means of signals sent over telephone lines. |
CommunicationChannel |
Telephone |
An instrument for reproducing sounds at a distance. |
CommunicationChannel |
GeneralCondition |
The conditions applying to all contracts/guarantees of this kind, category without any exception. |
Condition |
SpecialCondition |
The conditions applying to or characterised by or distinguishing this contract/guarantee. |
Condition |
CommercialInsuranceContract |
Insurance for businesses, professionals, and commercial establishments. |
Contract |
FireInsuranceContract |
Fire Insurance: Coverage for losses caused by fire and lightning, plus resultant damage caused by smoke and water. |
Contract |
GroupInsuranceContract |
Group Insurance: Insurance written on a number of people under a single master policy, issued to their employer or to an association with which they are affiliated. Workers' Compensation Insurance: Insurance against liability imposed on certain employers to pay benefits and furnish care to employees injured, and to pay benefits to dependents of employees killed in the course of or arising out of their employment. |
Contract |
IndividualInsuranceContract |
Individual Insurance: Policies that provide protection to the policyholder and/or his/her family. Sometimes called Personal Insurance as distinct from group and blanket insurance. |
Contract |
LegalExpensesInsuranceContract |
Legal Expenses Insurance - Covers the cost of legal proceedings in circumstances defined in the policy. |
Contract |
LifeInsuranceContract |
A legal contract between an insurance company and an owner/insured to provide protection against adverse financial consequences of the death of an individual in the form of payment to a beneficiary. |
Contract |
MotorInsuranceContract |
Protection for the insured against financial loss because of legal liability for vehicle-related injuries to others or damage to their property and/or for damage to or loss of an insured vehicle resulting from collision, fire, theft, or other perils. |
Contract |
PersonalLiabilityInsuranceContract |
Insurance covering the policyholder's legal liability for injury, property damage or financial loss caused to others. It does not include automobile or business operation liabilities. |
Contract |
TransportInsuranceContract |
Covers goods during transport. Cover possibilities are : all risk, cover against total loss and damage, cover against total loss only. |
Contract |
TravelInsuranceContract |
|
Contract |
WorkersCompensationContract |
|
Contract |
CoverNote |
Paper providing proof of insurance. |
ContractDocument |
GeneralConditionsWording |
A paper document containing provisions in an insurance contract that state the rights and duties of the insured and of the insurer. |
ContractDocument |
Policy |
The printed legal document stating the terms of the insurance contract that is issued to the policyholder by the company. |
ContractDocument |
AnnualIndemnification |
The maximum annual amount granted to the insured. (Personal insurance) |
CoverLimit |
Capital |
The in the policy mentioned maximum amount due by the insurer in case of loss to a covered peril diminished by deductions as specified in the policy. |
CoverLimit |
DailyAllowance |
The amount of the daily allowance (= amount of money given regularly). (Personal insurance) |
CoverLimit |
GreenCard |
A document issued to policyholders as evidence that they have the minimum insurance cover required. |
CoverNote |
PremiumInvoice |
A paper document containing all information regarding one invoiced premium. |
CoverNote |
BordereauTotalLine |
A statement line on the current account, referring to the totals of a bordereau. |
CurrentAccountLine |
ClaimLine |
A statement line on the current account, referring to a claim. |
CurrentAccountLine |
FinancialTransactionLine |
A statement line on the current account, referring to financial transaction. |
CurrentAccountLine |
MiscellaneousTransactionLine |
A statement line on the current account, referring to a miscellaneous (= of various kinds) transaction. |
CurrentAccountLine |
PremiumLine |
A statement line on the current account, referring to premium. |
CurrentAccountLine |
FinancialDamage |
|
Damage |
MaterialDamage |
Damage to property. Synonym = Physical damage. |
Damage |
MoralDamage |
|
Damage |
PhysicalInjury |
Injury to the body as the result of an accident. |
Damage |
AdvantageInKindReceptionDeclaration |
Coded indication of whether or not advantages in kind (= benefits other than cash, provided to a person through its employment, i.e. cars, private medical insurance) are received. |
Declaration |
BonusReceptionDeclaration |
Coded indication of whether or not bonuses (= incentives or additional payments) are received. |
Declaration |
Conviction |
A final judgment of guilty in a legal case. |
Declaration |
DrivingLicenceWithdrawal |
Driving licence retraction. |
Declaration |
OffencePending |
An act punishable by law; usually considered an evil act. |
Declaration |
PreventionMeasure |
Any measure that reduces the probability or frequency of a particular loss but does not eliminate completely all possibility of that loss. |
Declaration |
PreviousClaim |
A claim part of the claims history of the proposer/policyholder. |
Declaration |
PreviousInsuranceRefusal |
A refusal in the past of insurance to this proposer/policyholder |
Declaration |
DamageAmountBasedDeductible |
A deductible calculated based upon the damage amount. Different from the InsuredValueBasedDeductible. |
Deductible |
InsuredValueBasedDeductible |
A deductible calculated based upon the insured value. Different from the DamageAmountBasedDeductible. |
Deductible |
PermanentDisability |
|
Disability |
TemporaryDisability |
|
Disability |
DrivingLicence |
Official document certifying one's capacity and right to drive a vehicle. |
Document |
EuropeanAccidentNotificationForm |
Standard form in accordance with European recommendations, used to describe a traffic accident, the parties involved and the circumstances. |
Document |
HuntingLicence |
Official document certifying one's capacity and right to hunt. |
Document |
IdentityCard |
A document provided by the local authorities certifying the identity of a physical person. |
Document |
MortgageLoanFile |
Paperwork about a conditional conveyance of property as security for the repayment of a loan. |
Document |
MotorCycleCertificate |
Document issued by an official body certifying that the party has the ability to ride a motorcycle. |
Document |
OtherPolicy |
Any other contract that has a relationship with the one subject of this message. |
Document |
SecuritySystemCertificate |
A document certifying the presence of an anti-theft system. |
Document |
VehicleRegistrationCard |
Document provided by the national Car Registration Office certifying the registration of a vehicle. |
Document |
Couple |
A pair of people who live together, usually husband and wife. |
Group |
FactualGroup |
Collection of individuals existing in fact whether with lawful authority or not, but not a couple. |
Group |
EmployeeBenefitsContract |
Benefits offered to an employee by an employer and usually paid for at least in part by the employer. Life, Health and Critical Illness insurance obtained by an employer on a group basis are examples of employee benefits. Group Life - A term that relates to the provision of lump sum death in service benefits for groups of employees. Group Permanent Health Insurance - Policies arranged by employers for their employees, providing for the payment of income during a period of incapacity due to ill health or accident. The benefit is usually payable until retirement. Group Personal Pensions - An arrangement made for the employees of a particular employer to participate in a personal pension scheme on a group basis. This is not a separate, or occupational, pension scheme, but merely a collecting arrangement. Group Sponsored Schemes - Scheme set up by employers for the benefit of their employees to provide life cover or a pension on retiring, or both. |
GroupInsuranceContract |
Burglary/Theft |
Insurance against property being taken away by someone by means of burglary, robbery or larceny without any intention of returning it. |
Guarantee |
CivilLiabilityHorsesAndCarriages |
Guarantee covering losses ( bodily injury, damage, financial loss ) caused with horses and carriages covered under this policy to third parties. |
Guarantee |
CommercialLoss |
Insurance covering the loss of profits of a business and certain other costs resulting from fire or other insured event (also known as Business Interruption or Consequential Loss). |
Guarantee |
CommonLaw |
Responsibility based on common law for injury or damage to another's person or property, which rests on an individual because of his actions or negligence. This is opposed to liability based on statutory law. |
Guarantee |
GeneralCivilLiability |
Coverage that pertains, for the most part, to claims arising out of the insured's liability for injuries or damage caused by ownership of property, manufacturing operations, contracting operations, sale or distribution of products, and the operation of machinery, as well as professional services. |
Guarantee |
GeneralFire |
Guarantee that indemnifies an insured for loss caused by the destruction of the insured's property resulting from accidental combustion caused by fire and lightning, plus resultant damage caused by smoke and water. |
Guarantee |
GeneralLife |
|
Guarantee |
MotorComprehensive |
Protection against loss resulting from damage to the insured auto, other than loss by collision or upset. |
Guarantee |
MotorThirdPartyLiability |
Guarantee covering losses ( bodily injury, damage, financial loss ) caused with the vehicle covered under this policy to third parties. |
Guarantee |
PermanentDisabilityCover |
An illness or injury that prevents an insured person from continuously performing every duty pertaining to his/her occupation or engaging in any other type of work. (This wording varies among insurance companies.) |
Guarantee |
StormHailAndHeavySnow |
Protection against loss of crops or damage to growing crops as a result of hail or certain other named perils. |
Guarantee |
VehiclePassengers |
Guarantee covering losses ( bodily injury, damage, financial loss ) to passengers seated in the vehicle covered under this policy. |
Guarantee |
WorkersCompensation |
A compulsory class of insurance against liability imposed on most employers to pay benefits and furnish care to employees injured, and to pay benefits to dependents of employees killed in the course of or arising out of their employment. |
Guarantee |
Fire |
A combustion accompanied by a flame or glow, which escapes its normal confines to cause damage. |
Incident |
GasExplosion |
A violent release of energy caused by a chemical or nuclear reaction with gas involved. |
Incident |
GlassBreakage |
The breakage of glass. |
Incident |
Lightning |
Electricity discharging from cloud to cloud or from cloud to earth. |
Incident |
PersonalAccident |
An accident that occurred during the personal life of the victim, insured. |
Incident |
Storm |
A violent weather condition with winds 64-72 knots (11 on the Beaufort scale) and precipitation and thunder and lightning. |
Incident |
Theft/Burglary |
Theft: the act of stealing. Burglary: breaking and entering into another person's property with felonious intent. |
Incident |
TrafficAccident |
Traffic: The aggregation of things (pedestrians or vehicles) coming and going in a particular locality. Accident: An event or occurrence which is unforeseen and unintended. |
Incident |
Vandalism |
Willful wanton and malicious destruction of the property of others. |
Incident |
VehicleTheft |
The act of stealing a vehicle. |
Incident |
WaterDamage |
Damaged caused by water. |
Incident |
ActualIndex |
The index valid at present. |
Index |
EndIndex |
The index at the end of a cover period. |
Index |
PreviousIndex |
The index valid before the current/actual index. |
Index |
StartIndex |
The index at the beginning of a cover period. |
Index |
SubscriptionIndex |
The index at the time of subscription, underwriting of the contract. |
Index |
Activity |
Something that people do or cause to happen. |
InsuranceObject |
Animal |
A living creature which is not a human being. |
InsuranceObject |
Bond/Stock |
An interest-bearing (or discounted) certificate of debt issued by a government or corporation in order to raise money. |
InsuranceObject |
Community |
An association of people with similar interests. |
InsuranceObject |
Event |
Something that happens at a given place and time. |
InsuranceObject |
Family |
Primary social group; parents and children. |
InsuranceObject |
MaterialObject |
Something having concrete existence; a non-living entity. |
InsuranceObject |
Insurer |
A company that takes on risks under the policies it sells in return for the payment of premiums. Companies may be "mutual" (owned by the policyholders) or "proprietary" (owned by the shareholders). |
InsuranceProvider |
Intermediary |
Person or organisation that offers advice and arranges policies for clients. Intermediaries may be either "tied" - representing one company in the case of life business or a limited number of companies for general business, or "independent" - with no limit on the number of companies with which they can deal. |
InsuranceProvider |
AddOnInsurer |
The insurer that covers a risk at the same time as the present insurer. Most of the time the other insurer subscribed other guarantees. Different from co-insurer. |
Insurer |
Coinsurer |
A company providing co-insurance for risks, i.e. an arrangement whereby a number of separate insurance companies share in the cover of one particular risk. |
Insurer |
PreviousInsurer |
The insurer that previously insured the risk, but no longer at present. |
Insurer |
ReceivingCompany |
The insurer acting as recipient of the data. |
Insurer |
SendingCompany |
The insurer acting as sender of the data. |
Insurer |
KfkDebitOrCreditStatement |
|
KfkOperation |
KfkRequestForRefund |
|
KfkOperation |
NonRegisteredLegalPerson |
An organisation that is not registered with a governing body, such as Toronto User's Club, eEG7, etc. |
LegalPerson |
RegisteredLegalPerson |
An organisation that is registered with a governing body, eg Portima, Microsoft, ING, etc. |
LegalPerson |
Accessories |
A supplementary part, a component that is added to something to improve it. |
MaterialObject |
Fleet |
A group of motor vehicles operating together under the same ownership. |
MaterialObject |
Goods |
Articles of commerce. |
MaterialObject |
Machinery/Appliances |
Machines or machine systems collectively, any mechanical or electrical device that performs or assists in the performance of human tasks. |
MaterialObject |
Object |
|
MaterialObject |
Property |
Any tangible possession that is owned by someone. |
MaterialObject |
Travel |
The act of going from one place to another. |
MaterialObject |
Vehicle |
A conveyance that transports people or objects. |
MaterialObject |
CertifyingMedicalDoctor |
The medical doctor providing evidence for a disease or bodily injury by means of a certificate. |
MedicalDoctor |
TreatingMedicalDoctor |
The medical doctor that gives or has given treatment (to the patient). |
MedicalDoctor |
MotorFire |
Guarantee covering fire risks in a motor insurance contract. |
MotorComprehensive |
MotorFullComprehensive |
Guarantee covering a number of types of loss or damage. The name is used mainly in motor insurance. |
MotorComprehensive |
MotorPartialComprehensive |
Guarantee covering a number of types of loss or damage. The name is used mainly in motor insurance. |
MotorComprehensive |
MotorTheft |
Guarantee covering a vehicle against stealing. |
MotorComprehensive |
CommercialMotorisedRoadVehicle |
A commercial conveyance, powered by a motor, that transports people or objects by road, eg truck, bus, coach. |
MotorisedRoadVehicle |
PrivateMotorisedRoadVehicle |
A private conveyance, powered by a motor, that transports people or objects by road, eg car, motorcycle. |
MotorisedRoadVehicle |
NCBActual |
The present level of No Claim Bonus, i.e. at the main renewal date. |
NCBLevel |
NCBAtPreviousInsurer |
The No Claim Bonus level at the previous insurer, i.e. at the time the insurance contract with the previous insurer was ended. |
NCBLevel |
NCBAtUnderwriting |
The No Claim Bonus level at the time of underwriting, i.e. signing of the policy. |
NCBLevel |
NCBPrevious |
The previous No Claim Bonus level. |
NCBLevel |
NCBReference |
The No Claim Bonus level for reference, i.e. on which calculations are based. |
NCBLevel |
NCBYearMinus2 |
The No Claim Bonus level at the main renewal date year minus 2. |
NCBLevel |
NCBYearMinus3 |
The No Claim Bonus level at the main renewal date year minus 3. |
NCBLevel |
NetPremiumIndexed |
|
NetPremium |
NetPremiumNonindexed |
|
NetPremium |
Bicycle |
A two-wheeled vehicle on which a person rides, using pedals to drive it along. |
NonMotorisedRoadVehicle |
Caravan |
A wheeled vehicle that can be pulled by a car or truck; equipped for living; especially for holiday trips. |
NonMotorisedRoadVehicle |
HaulageTrailer |
A transport conveyance designed to be pulled by a truck, tractor or car that transports objects by road. |
NonMotorisedRoadVehicle |
DamagedObject |
An object suffering from loss of value, attractiveness or usefulness caused by an event or accident. |
ObjectRole |
RiskObject |
An object that is, or is to be insured. |
ObjectRole |
PreviousPolicy |
Previous policy of the policyholder with the same insurer. |
OtherPolicy |
RelatedPolicy |
Other policy of the policyholder with the same insurer that in any kind influences the policy subject of this message. |
OtherPolicy |
ReplacedPolicy |
Policy that is no longer covering a risk and that has been replaced by another policy (with the same insurer). |
OtherPolicy |
TakeOverPolicy |
A policy that policyholder had with a previous insurer and that totally or partially is taken over by the present insurer under the policy subject of this message. |
OtherPolicy |
Group |
Collection of individuals that together have bearing on insurance, eg group of employees, group of drivers |
Party |
LegalPerson |
An organised body such as a business, government body, department, charity, etc. |
Party |
PhysicalPerson |
A human being regarded as an individual. |
Party |
Assessor |
A person, independent of an insurance company but engaged and paid by it, who checks that a claim is covered and negotiates with the policyholder the amount payable for a claim. |
PartyRole |
Beneficiary |
The person(s) who have first rights to receive the policy benefits when the benefits of the insurance policy become payable. |
PartyRole |
Claimant |
The person (policyholder or beneficiary) seeking payment or settlement under the terms of a policy. |
PartyRole |
Creditor |
Someone who lends money or gives credit in business matters. |
PartyRole |
DataEntryOperator |
A person who enters, inputs, records data in a computer system for processing or storage. |
PartyRole |
Driver |
The operator of a motor vehicle. |
PartyRole |
FinanceCompany |
Company that lends money for hire-purchase transactions. |
PartyRole |
FirstAidSupplier |
The party that has given first aid (to an injured person). |
PartyRole |
Hospital |
A building where medicine is practiced, where patients go for treatment. |
PartyRole |
InsuranceProvider |
A party registered and controlled by the national Insurance Control Board (OCA/CDV). |
PartyRole |
InsuredPerson |
Any partie for whom protection is provided under the policy terms, i.e. whom the insurer agrees to indemnify for losses. Synonym = NamedInsured. |
PartyRole |
InterveningAuthority |
Public authority that ascertains, establishes the circumstances of an incident or tries to minimise the consequences of an incident, eg federal police, fire department, etc. |
PartyRole |
LeasingCompany |
Company that allows another person to use an object for a specified time, usually in return for rent, that it owns. |
PartyRole |
MedicalDoctor |
A licensed medical practitioner, someone who practices medicine. |
PartyRole |
Notifier |
Someone who informs somebody of something, who reports something to somebody. |
PartyRole |
OpponentThirdParty |
A party that is involved in an incident and that is not one of the two parties, insured and insurer. |
PartyRole |
Owner |
Person who has something as his property, who possesses something. |
PartyRole |
PolicyHolder |
Person or organisation to whom the insurer issues the policy. Normally the person who pays the premium to the insurance company in exchange for the insurance protection provided by a policy of insurance, i.e. to whom benefits are payable. |
PartyRole |
Repairer |
A person whose job is to repair things (repair = restore something damaged to good conditions). |
PartyRole |
Representative |
A person who represents others (represent = act as a substitute or deputy for). |
PartyRole |
Requester |
A person expressing the need for something. |
PartyRole |
VehicleRegistrationPlateHolder |
The person who is registered as holder of the vehicle registration plate by the Vehicle Registration Office (=DIV). |
PartyRole |
Witness |
Someone who sees an event and tells what happened. |
PartyRole |
PrivateLifeAccident |
An event or occurrence which is unforeseen and unintended. |
PersonalAccident |
ProfessionalLifeAccident |
An event or occurrence which is unforeseen and unintended. |
PersonalAccident |
CoPolicyHolder |
Physical person acting as co-policyholder. |
PolicyHolder |
AnnualPremium |
The premium, excluding costs and charges, covering a one-year period. |
Premium |
BasePremium |
The amount used as the basis for a premium calculation for a policy or a specific guarantee. Synonym is TariffPremium. |
Premium |
FirstPremium |
|
Premium |
GrossPremium |
The net premium plus operating expenses, commissions and other expenses. |
Premium |
LastPremium |
|
Premium |
NetPremium |
(1) The amount of premium minus the agent's commission. (2) The premium necessary to cover only anticipated losses, before loading to cover other expenses. (3) The original premium minus dividends paid or anticipated in participating Life Insurance when the insured elects to use his dividends toward payment of the premiums. Contrast with Gross Premium. |
Premium |
OldPremium |
The premium replaced by a new one due to an amendment to the policy. |
Premium |
ProportionalPremium |
The premium derived from the net premium by applying a calculation for a proportional period of time. |
Premium |
ReferencePremium |
The amount of premium the policyholder is proposing to pay. |
Premium |
TariffPremium |
The annual premium for a standard cover as mentioned in a tariff book. See BasePremium. |
Premium |
PremiumCancellationLine |
A statement line on the current account, referring to the cancellation of a premium invoice. |
PremiumAndCommissionReversiblePremiumLine |
PremiumReturnLine |
A statement line on the current account, referring to the return of a premium invoice from the intermediary to the insurer. |
PremiumAndCommissionReversiblePremiumLine |
CommercialDiscount |
A discount, reduction, decrease of premium given based upon a commercial decision. |
PremiumDiscount |
FidelityBonus |
A discount given in order to reward a policyholder who is a faithful client. |
PremiumDiscount |
OtherInsuranceReduction |
Percentage of reduction on premium due to other policies of the policyholder with the same insurer. |
PremiumDiscount |
PremiumDiscount |
A granted or acquired discount on premium. |
PremiumDiscountOrLoading |
PremiumLoading |
A granted or acquired loading on premium. |
PremiumDiscountOrLoading |
CommissionLine |
A statement line on the current account, referring to commission. |
PremiumLine |
PremiumAndCommissionReversiblePremiumLine |
A premium line for which premium and commission are reversible (premium becomes credit; commission becomes debit). |
PremiumLine |
PremiumInvoiceLine |
A statement line on the current account, referring to one single premium invoice. |
PremiumLine |
PremiumReimbursementLine |
A statement line on the current account, referring to reimbursement (= pay back, repayment) of premium. |
PremiumLine |
SplitPremiumPaymentLoading |
Premium loading for split payment of the premium. |
PremiumLoading |
Proration |
A rate charged for a period of coverage shorter than the normal period. |
PremiumPeriod |
RenewalPeriod |
Premium for a new policy term. |
PremiumPeriod |
Dwelling |
A construction that (normally) has a roof and walls which is for private residential use. |
PrivateBuilding |
Garage |
A private building normally used to store (a) vehicle(s) and associated with a dwelling. |
PrivateBuilding |
OtherPrivateBuilding |
A construction that (normally) has a roof and walls which is for private use other than occupation (residency) or garaging vehicles. |
PrivateBuilding |
AdditionalActivity |
An activity or occupation executed by a party in addition to its primary occupation and eventually additional occupation. |
Profession |
AdditionalOccupation |
An occupation (= activity for which you are paid) executed by a party in addition to its primary occupation. |
Profession |
PrimaryOccupation |
The principal activity in your life (= job, employment, ...). |
Profession |
DeceaseProfitSharing |
Profit sharing in case of death, i.e. the insured dies before the expiration date of the contract. |
ProfitSharing |
LifeProfitSharing |
Profit sharing in case of Life, i.e. the insured is alive at the expiration date of the contract. |
ProfitSharing |
Building |
A construction that (normally) has a roof and walls. |
Property |
Collection |
An object that consists of a set of unspecified items, eg a collection of jewellery, a collection of coins, a collection of postage stamps. |
Property |
Contents |
Everything that is included. |
Property |
Land |
An area of ground owned by a person or organisation and has a defined boundary. |
Property |
RealEstate |
Property in houses and land. |
Property |
ResidentialCaravan |
A trailer equipped with living quarters used for permanent residency. |
Property |
ActualInsurerOf |
The insurer at the present moment of ... |
RelatedParty |
FamilyAllowanceBureau |
The official institution empowered by the government to deal with family allowance as part of the social security system. |
RelatedParty |
FileAdministrator |
Person controlling, managing a file. Person one has to contact in order to get information regarding the file. |
RelatedParty |
HolidayPayBureau |
The official institution empowered by the government to deal with holiday pays as part of the social security system. |
RelatedParty |
MutualHealthInsurer |
An insurance company in which the ownership and control is vested in the policyholders and a portion of surplus earnings may return to policyholders in the form of dividends. No capital stock exists. Aka Friendly Society. |
RelatedParty |
ParityCommittee |
Sector committee composed of equal representations of employers and trade unions, organised by the government, with the aim to reach collective agreement on labour conditions. |
RelatedParty |
SocialSecurityBureau |
Social Security = Any government program which provides economic security for portions of the public, eg Social Insurance, Public Assistance, Family Allowances, etc. |
RelatedParty |
AdvantageInKind |
Benefits other than cash, provided to a person through their employment (for example, cars, or private medical insurance). These benefits are usually subject to tax. |
Response |
Bonus |
An incentive or an additional payment to employees. |
Response |
MotorisedRoadVehicle |
A conveyance, powered by a motor, that transports people or objects by road. |
RoadVehicle |
NonMotorisedRoadVehicle |
A conveyance, not powered by a motor, that transports people or objects by road. |
RoadVehicle |
BranchSeniority |
Seniority (= extend to which somebody is senior, has been in a job) in the branch in which the party is employed. |
Seniority |
CompanySeniority |
Seniority (= extend to which somebody is senior, has been in a job) in the company in which the party is employed. |
Seniority |
JobCategorySeniority |
Seniority (= extend to which somebody is senior, has been in a job) in the job category. |
Seniority |
ProfessionSeniority |
Seniority (= extend to which somebody is senior, has been in a job) in the profession |
Seniority |
DirectPayment |
Payment made directly from the insurer to the provider for services rendered to the insured. |
Settlement |
Expense |
Amount paid for goods and services. |
Settlement |
Fee |
The price charged for professional services. |
Settlement |
Indemnification |
Compensation to the victim of a loss, in whole or in part, by payment, repair, or replacement. |
Settlement |
HomeTelephone |
A fixed telephone installed at home. Aka Primary telephone. |
Telephone |
MobileTelephone |
A telephone that can be moved around. |
Telephone |
OfficeTelephone |
A fixed telephone installed at the office. Aka Secondary telephone. |
Telephone |
PartialTemporaryDisability |
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TemporaryDisability |
TotalTemporaryDisability |
|
TemporaryDisability |
Calculation |
The procedure of calculating; determining the value of something by mathematical or logical methods. |
Valuation |
TotalLoss |
A loss of sufficient size so that it can be said there is nothing left of value. The complete destruction of the property. |
Valuation |
ActualValue |
The value at present. |
Value |
InvoicedValue |
The value as mentioned in the invoice. |
Value |
ListValue |
The value as indicated in a list, catalogue published by the supplier. |
Value |
ToBeInsuredValue |
|
Value |
AirVehicle |
A conveyance that transports people or objects through the air. |
Vehicle |
RailVehicle |
A conveyance that transports people or objects by rail. |
Vehicle |
RoadVehicle |
A conveyance that transports people or objects by road. |
Vehicle |
SpaceVehicle |
|
Vehicle |
WaterVehicle |
A conveyance that transports people or objects over water. |
Vehicle |