Call Us (972) 587-7700 ☰ ˟
Logo
Call Us: (972) 587-7700
  • Home
  • Coverage
    • Business Insurance
    • BOP Insurance
    • Commercial Auto Insurance
    • Commercial Property Insurance
    • Cyber Liability Insurance
    • Workers Compensation Insurance
    • Auto Insurance
    • Non-Subscriber
    • Employee Benefits
    • Home Insurance
    • Risk Management
    • Life Insurance
    • Boat, Motorcycle & RV Insurance
  • Get a Quote
    • Automobile
    • Business Owners Policy (BOP)
    • Commercial Auto
    • General Liability
    • Workers Compensation
    • Health
    • Homeowners
    • Life
    • Boat & Watercraft
  • Blog
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About Rising Star Insurance Group, Inc.
    • Employee Directory
    • Location Map
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Business Insurance

Business Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
BOP Insurance

BOP Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Commercial Auto Insurance

Commercial Auto Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Worker Compensation

Workers Compensation Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Glossary > K

Insurance Glossary

Insurance terms and definitions from Rising Star Insurance Group, Inc.


Coverages and benefits listed below may not be available in your state. If available, some optional coverages and benefits might be offered at an additional charge. Contact Rising Star Insurance Group, Inc. today to learn more.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
KEY PERSON INSURANCE
Insurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss.

KIDNAP/RANSOM INSURANCE
Coverage up to specific limits for the cost of ransom or extortion payments and related expenses. Often bought by international corporations to cover employees. Most policies have large deductibles and may exclude certain geographic areas. Some policies require that the policyholder not reveal the coverage’s existence.


NOTICE: These glossary definitions provide a brief description of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control. Additionally, this informational resource is not intended to fully set out your rights and obligations or the rights and obligations of the insurance company, agent or agency. If you have questions about your insurance, you should contact your insurance agent, the insurance company, or the language of the insurance policy.

Insurance Websites Designed and Hosted by Insurance Website Builder
Glossary content provided by Insurance Information Institute and ITC

Contact Us Today!
(972) 587-7700

Contact Us
Facebook Twitter Google Maps

Resources

  • Get A Quote
  • About Us
  • Refer A Friend
  • Blog
  • Contact Us

Contact Us

508 Twilight Trail, Suite 201, Richardson, TX 75080
P: (972) 587-7700 | F: (972) 421-0800 | info@risingstarins.com
© Copyright 2021. All rights reserved. | Powered by Insurance Website Builder