This document defines key terms related to insurance policies and claims processes. It defines policy, theft, injured, relative, clerical, to underwrite, to review, to legitimate, genuine, detection, investigation, withdraw, prohibit, dispute, to settle, and ombudsman. Underwriting involves signing and accepting liability under an insurance policy. Reviews are done to legitimate claims and detect any non-genuine claims during the investigation process. Policyholders can withdraw or be prohibited from making claims, and disputes may be settled with an ombudsman.
This document defines key terms related to insurance policies and claims processes. It defines policy, theft, injured, relative, clerical, to underwrite, to review, to legitimate, genuine, detection, investigation, withdraw, prohibit, dispute, to settle, and ombudsman. Underwriting involves signing and accepting liability under an insurance policy. Reviews are done to legitimate claims and detect any non-genuine claims during the investigation process. Policyholders can withdraw or be prohibited from making claims, and disputes may be settled with an ombudsman.
This document defines key terms related to insurance policies and claims processes. It defines policy, theft, injured, relative, clerical, to underwrite, to review, to legitimate, genuine, detection, investigation, withdraw, prohibit, dispute, to settle, and ombudsman. Underwriting involves signing and accepting liability under an insurance policy. Reviews are done to legitimate claims and detect any non-genuine claims during the investigation process. Policyholders can withdraw or be prohibited from making claims, and disputes may be settled with an ombudsman.
policy |ˈpɒlɪsi| noun ( pl. policies ) - a contract of insurance
theft |θɛft|noun - the action or crime of stealing injured |ˈɪndʒəd|adjective 1. harmed, damaged, or impaired: a road accident left him severely injured 2. offended: his injured pride relative |ˈrɛlətɪv|noun - a person connected by blood or marriage clerical |ˈklɛrɪk(ə)l|adjective - concerned with or relating to work in an office, especially routine documentation and administrative tasks: clerical duties to underwrite |ʌndəˈrʌɪt, ˈʌndərʌɪt|verb ( past: underwrote; past participle: underwritten ) 1. sign and accept liability under (an insurance policy), guaranteeing payment in case loss or dam- age occurs 2. accept (a liability or risk) in this way. the insurance companies have underwritten just over half the risk to review |rɪˈvjuː| verb - view or inspect again to legitimate|lɪˈdʒɪtɪmeɪt|verb - make lawful or justify genuine |ˈdʒɛnjʊɪn|adjective - truly what something is said to be; authentic: genuine 24-carat gold detection |dɪˈtɛkʃ(ə)n|noun - the action or process of identifying the presence of something; the work of a detective in investigating a crime: modern technology is essential to crime detection investigation |ɪnˌvɛstɪˈgeɪʃ(ə)n|noun - the action of investigating something or someone; formal or systematic examination or research: he is under investigation for receiving illicit ( not legal ) funds; a formal inquiry or systematic study: an investigation a murder investigation withdraw |wɪðˈdrɔː|verb ( past withdrew |-ˈdruː|; past participle withdrawn |-ˈdrɔːn/ 1. remove or take away (something) from a particular place or position: Ruth withdrew her hand from his 2. take (money) out of an account: normally you can withdraw up to £50 in cash prohibit |prə(ʊ)ˈhɪbɪt|verb ( prohibits, prohibiting, prohibited ) - formally forbid (something) by law, rule, or other authority 2. formally forbid someone from doing something: he is prohibited from becoming a director 3. (of a fact or situation) make (something) impossible; prevent: the budget agreement had prohib- ited any tax cuts dispute|dɪˈspjuːt, ˈdɪspjuːt|noun - a disagreement or argument verb |dɪˈspjuːt|- argue about (something); compete to settle sth. |ˈsɛt(ə)l|verb - resolve or reach an agreement about (an argument or problem) ombudsman |ˈɒmbʊdzmən|noun ( pl. ombudsmen ) - an official appointed to investigate individu- als' complaints against a company or organization, especially a public authority * informal term for Parliamentary Commissioner for Administration