TIV insurance is an acronym that stands for Total Insured Value insurance. The term refers to a type of insurance policy that covers the full value of the insured property,...
Tender of defense is a term used in the insurance industry to refer to the process by which an insured party requests that their insurer assume responsibility for defending against...
Tort is a term used in insurance to refer to a legal concept involving a wrongful act or omission by one party that causes harm or injury to another party....
Third-party coverage is a type of insurance policy that covers any damages caused by an insured party to a third party. This type of policy is often called liability insurance...
Definition and Meaning of TCPA Defense Cost: TCPA Defense Cost is the cost associated with defending against a Telephone Consumer Protection Act (TCPA) violation. This cost typically includes legal fees...
A third-party administrator (TPA) is an organization providing contractual, operational services to another organization, such as employee benefits management or insurance claims processing.
Temporary total disability allows insured individuals a certain amount of compensation for their wage when they cannot work due to health concerns, such as recovery from an accident. This policy...
Third-party claims may refer to a situation in which an individual or organization brings a legal claim against a third party who is not directly involved in the incident or...