Terms starting with G

Guaranteed Replacement Cost, in the realm of insurance, refers to a coverage provision that may refer to a specific type of property insurance policy. It is an important concept designed...

Guaranteed renewable is a term that may refer to an insurance policy that guarantees the policyholder the right to renew their policy for a given period. This type of policy...

Gross written premium is a term that may refer to the total amount of premiums collected by an insurance company during a given period before any discounts or refunds are...

Gap financing is a term that may refer to a type of loan or credit line to cover the difference between the amount of an existing loan and the total...

The general aggregate limit may refer to an insurance limit, the maximum amount of coverage an insurance provider will pay in the event of multiple claims during a policy period....

A general aggregate is the maximum amount the insurance company will pay for losses when the policy is active. The general aggregate limits the amount paid to the insured, not...