A way to insure a business that does not operate from one fixed location; for example, a food vendor that changes location or sells at different events.

An alternative title for the Building and Personal Property Coverage Form.
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US: An insurance policy for businesses and other organizations that insures against damage to their buildings and contents due to a covered cause of loss, such as a fire. The policy may also cover loss of income or increase in expenses that results from the property damage (PD). Commercial property policies may be written on standard or nonstandard forms.
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Insurance that covers risks associated with operating a business; for example fire, burglary, or theft.

Risk carried by the exporter (unless insurance is secured) that the foreign buyer may not be able to pay for goods delivered on an open account basis.

Commercial vehicle Insurance depends on the type of such private type hire cars, coaches and omnibuses, goods- carrying vehicles, agriculture and forestry vehicle. Under commercial vehicle Insurance policies indemnity for legal liability to passengers is also included as required to be covered by the Motor Vehicles Act. It can be covered only by paying an additional premium over and above basic premium.

The categorization of Motor Commercial Vehicles is done by IRDA vide circular dated 29th March 2012 for the purpose of Motor Insurance Rating in Indian Market as follows:

An illegal practice which occurs when an agent mixes personal funds with the insured’s or insurer’s funds.

(1) In insurance, a certain percentage of premium produced that is retained as compensation by insurance agents and brokers. Also known as acquisition cost. (2) In reinsurance, the primary insurance company usually pays the reinsurer its proportion of the gross premium it receives on a risk. The reinsurer then allows the company a ceding or direct commission allowance on such gross premium received, large enough to reimburse the company for the commission paid to its agents, plus taxes and its overhead. The amount of such allowance frequently determines profit or loss to the reinsurer.
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(i) The remuneration paid to an Agent for the introduction of business, usually in the form of a percentage of the premium. Insurance Agents and brokers are usually compensated by being paid certain percentages calculated on premium they produce. Such an allowance is known as commission. (ii) Commission allowed by the Reinsurer to the Ceding Company on the premium ceded. Besides, covering the original acquisition cost of the Ceding Company, a margin is allowed for acquisition cost of expenses.
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MEDICAL,USA: Amount of money paid to an insurance agent for selling and servicing an insurance policy. Usually a commission is calculated as a percentage of the premium.
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UK: the remuneration paid to an agent or broker for the introduction of business, usually in the form of a percentage of the premium (see also cedant’s commission and contingent commission).