A corporate member of a syndicate that is directly or indirectly owned by the same firm that owns the managing agent of the syndicate.
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UK: Corporate member of a Lloyd’s syndicate under common control with the managing agent of that syndicate.
Insurance Encyclopedia
Alignment of incentives
Phrase used in a managed care contract to describe the financial arrangements between physicians and hospital facilities that let both parties share in the risks and rewards of controlling costs and increasing income.
Alimony Insurance
Insurance designed to protect the insured against default in connection with payment of child support and alimony.
ALJ
See: administrative law judge (ALJ).
All India Tourist Permit for Motor Vehicles
Permit is given to luxury buses which have white color with a blue ribbon of five centimeters width at the center of exterior of the body and the word “Tourist” shall be inserted on two sides of the vehicle within a circle of sixty centimeters diameter. A tourist permit shall be invalid from the date of which the motor vehicle covered completes 9 years in the cases of motor cab and 8 years where the motor vehicle is other than a motor cab, unless the motor vehicle is replaced by another not more than 2 years old on the date of replacement. The seating layout shall be two and two or one and two or one and one on either wide, all seating facing forwards. The vehicle should also have other facilities such as public address system, drinking water, push full back seats, fans, curtains, a separate driver cabin etc.
All other contents clause
A phrase in the basic specification wording of the standard fire policy to extend cover to forms of property otherwise excluded. The term includes money and stamps, national insurance stamps, documents, manuscripts and business books, computer systems records, patterns, moulds, plans and designs, employees’ pedal cycles and personal effects. Monetary limits are usually applied to the majority of these items and cover in respect of plans, documents, etc., is limited to the cost of labour in writing them up and not their market values.
All other costs and expenses
See: Other Costs And Expenses.
All Other Perils Misfortunes
A phrase in an ocean marine cargo policy meaning perils of the same nature as those described specifically in the perils clause that may appear in an inland marine policy insuring movable goods.
All patient diagnosis-related group (APDRG or AP-DRG)
Diagnosis-related group (DRG) system that is an enhancement of the original DRGs. It includes groupings for pediatric and maternity cases and services for HIV-related conditions and other special cases.
All practicable steps
This means something possible of accomplishment regardless of cost but dependent on the state of knowledge at the time. For example, regulations under the Health and Safety at Work Act 1974 provide that all practicable steps shall be taken to ensure that no person employed shall be in the space between any moving part of a self-acting spinning mule and any fixed part of the machine towards which it is traversing. Compare with properly maintained and reasonably practicable.