FR

See: Federal Register .

Fracking

the pumping of water and chemicals underground at high pressure to shatter rock formations and release gas the practice generates a considerable amount of waste liquid, which is Often disposed of by injecting it into deep rock formations where it can lubricate faults. the disposal of This liquid has been blamed for causing earthquakes to the extent that the United States Geological Service tracks earthquakes and studies those quakes thought to be created by fracking.

Fractional Premium

A proportionate amount of the regular premium usually used when a change in premium paying date is desired and the portion of the premium year between the old date and the new must be settled.
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A premium divided equally and paid at regular intervals, for example, quarterly.

Fractional premiums

Insurance premiums that are paid in installments (fractions of the annual premium) such as semiannually, quarterly, or monthly.

Fracture manipulation

Manual stretching or applying pressure or traction to realign a broken bone; also referred to as a reduction .

Fragile property exclusion

Breakage of fragile property is commonly excluded from ‘all risks’ policies but some cover can be bought back by the insured. The exclusion generally applies to ‘ordinary breakage’ and not breakage due to fire and theft.

Fragmentation

See: unbundling .

Fragmentation risk/fragmentation policy (impact damage cover)

The risk of damage to surrounding property by physical impact resulting from flying from any part of any insured item of plant. The risk is insurable as a named peril under engineering policies and can be combined with an inspection service.

Frail elderly provision

See: home and community care for the functionally disabled .

Frame

A type of construction. A frame building is primarily made with wood frames and joists.