Description applied to a malignant growth confined to the site of origin without invasion of neighboring tissues.
Insurance Encyclopedia
In transit
The goods in transit insurer covers goods while in transit and temporarily housed during the course of transit. Transit begins when the goods start to move, i.e. when they are loaded. The insurer was liable when goods were stolen from a loaded vehicle on his premises even though the journey had not commenced. The argument that the goods were not in transit failed (Sadler Bros. Co. v. Meredith (1963). In Crows Transport v. Phoenix (1965) it was held that, unless the policy otherwise provides, transit commences the moment the carrier accepts the goods. Transit does not end when the vehicle reaches its destination. In Tomlinson v. Hepburn (1961) it was held that transit only came to an end when the unloading was completed.
In-admitted Asset
Any asset prohibited from being included in regulated asset as reported by the Insurance Company to the Government’s Insurance Regulatory Authority. These in admitted assets are presumed to have little value to meet claims in case of liquidation of the Insurance Company.
In-area
Within the geographical boundaries defined by a health maintenance organization as the area in which it will provide medical services to its members.
In-area services
Health care services that are offered in a geographical area designated in the contract.
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Services which are provided within the “authorized” service area as designated in the plan.
In-before-service
Insurance phrase that means a patient is given medical services earlier than the effective date of membership in an insurance plan.
In-Bond
A customs program for inland ports that provide for cargo arriving at a seaport to be shipped under a Customs bond to a more conveniently located inland port where the entry documents have been filed. Customs clears the shipment there, and the cargo is trucked to its destination, which normally is close to the inland port.
In-car Internet for Motor
There are systems that allow for surfing using cell phone technology. Using a portable router mounted in the trunk or other out of the way location the system uses a 3G network to supply an uninterrupted signal regardless of cell tower blind sports, tunnels and so forth. In addition to the router, there is a monthly subscription fee based on estimated usage. Different systems dovetails several technologies into an integrated system can complete a variety of tasks from maintaining tool inventory to sending out invoices, creating spreadsheets and surfing the internet through the Sprint Mobile Broadband Network.
In-car Technologies for Motor
Strong interest in new in car technologies by consumers in emerging economies could influence demand, decelerate rollout of next generation connected vehicle. The technologies includes (i) Navigation and traffic services (ii) A range of autonomous driving aids, (iii) In-car service, including entertainment (a) work tools and learning, (b) safety services (c) Black box type monitoring of a person’s driving patterns that can help reduce insurance premiums and a number of (d) passenger related services. Services also to include safety of driverless cars, land changing warning system, collision warning systems, lane-keeping systems, automatic braking systems that prevent hitting an object and faulty automatic parking.
In-force business (Health Insurance/Life Insurance)
The cumulative total of the policies that are either totally paid up or in the process of being paid. In life insurance, this amount is measured by the cumulative value of an insurer’s portfolio. In health insurance, this amount is the volume of premiums of the insurer’s business portfolio.