Brown and Brown Logo banner Home Page
  • Home
  • Get A Quote
    • Automobile
    • Business & CommercialImage of right arrow
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
    • Commercial Property Insurance
    • Homeowners
    • Workers Compensation
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About Brown and Brown Insurance
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Postheader Business Insurance Home Insurance Workers Compensation Auto Insurance
Home > Glossary > K

Insurance Glossary

Insurance terms and definitions from Brown and Brown Insurance.


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 Brown and Brown Insurance 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

Fill out the form below or call us at 407.843.7500
 

We are a leading provider of commercial and personal insurance products and services in Central Florida. Our knowledgeable, friendly, and energetic team provides the confidence that policies are competitively priced and accurately written. This confidence is based on communicating the complexities of insurance in easy to understand language that making the buying experience painless. This experience results in relationships based on mutual trust.  Your trust is supported by our competence, reliability, and responsiveness to every need. Read More

 

Read More
 
Westfield
Tower Hill
Progressive
Mercury Insurance
Summit
Guide One
Safeco
Travelers
Aetna
BCBS
Florida Family Insurance
Chubb
CNA
GenWorth
Protective
United Healthcare
Philadelphia
Bankers Insurance

 
 
  Who We Are
Helpful Links
Meet Our Owners
Customer Testimonials
  Personal Auto Insurance
Life Insurance
Homeowners Insurance
Group Health Insurance
Commercial Insurance
Other Insurance
  7009 Dr. Phillips Blvd, Suite #280
Orlando, FL 32819
Phone: 407.843.7500 | Fax: 407.843.7888
 
© Brown and Brown Insurance Agency, Inc., All Rights Reserved - Terms & Privacy Policy Powered by Insurance Website Builder