Spread of risk is a term used to describe how insurance companies minimize their risks by writing policies for many different policyholders. Spreading risk generally means offering insurance in multiple...
Supplementary payments in insurance refer to additional financial provisions made by an insurance company to the policyholder beyond the basic coverage. These payments are typically made to cover certain expenses...
 "Stacking insurance" refers to a practice in which an insured individual or business combines or accumulates coverage from multiple insurance policies to increase their total coverage limits or potential benefits....
A Special Flood Hazard Area, often referred to as SFHA, is a term used in the realm of insurance and floodplain management. It is a defined geographic area that may...
Sliding scale insurance, a noteworthy concept in the realm of insurance, refers to a policy or program where the cost of coverage is determined based on the policyholder's ability to...
Surplus lines may refer to insurance policies not offered through the traditional market and categorized as non-admitted insurance. These policies are typically purchased by individuals or businesses who cannot obtain...
Social engineering refers to the use of psychological manipulation to deceive or trick people into divulging sensitive information or taking certain actions that they would not normally take.
A breach, particularly with regards to network security, is an unauthorized or illegal attempt to access, steal, damage, or destroy computer systems, networks, devices, or data. The bad actors achieve...