The entire area of a building on fire so involved with heat, smoke and flame that immediate access to the interior is not possible until some measure of control has been obtained with hose streams controlled by firefighters.
Insurance Encyclopedia
Fully paid policy (Life Insurance)
A limited payment policy that is fully paid. For example, a 30-pay policy is fully paid after 30 years of regular premium payments.
Fully paid up policies
See: PAID-UP POLICIES.
Functional benchmarking
See: benchmarking .
functional capacity evaluation (FCE)
Test that assesses both the ability to perform a task and the structural design limits of the person who is actually doing the task. FCE focuses on work activities (in an effort to reduce the potential for injury) such as sitting, standing, walking, reaching, lifting, and bending. This standardized evaluation is also commonly referred to as a physical capacity evaluation , work capacity evaluation , or disability assessment .
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US: is a compilation information that 1. objectively assists in measuring functional abilities and consistency of efforts, 2. provides further data for the determination of permanent work capacity and 3. helps to promote safe work parameters.
Functional capacity testing
Standardized and validated advanced level of testing to determine safe job match for return to work, to assess the level of reasonable accommodations necessary to reinstate an injured worker, and to assign the level of disability for permanent and partial impairment ratings. This testing is used for an injured worker who has achieved maximum medical improvement.
Functional Costing
A process used within an expenses analysis to split the expenses of each line department between the different classes of business covered by that department. The process usually relies upon fixing relative unit costs for each of the processes carried out by the department.
Functional costs
Operating costs such as claims administration expenses (CAE) and general office expenses (GOE) that are categorized by function.
functional independence measure (FIM)
Scoring system that measures the degree of functional self-sufficiency in patients going through the rehabilitation process.
Functional limitation
Individual’s inability to perform specific movements due to some type of physical impairment.