A provision that the cost of putting a disabled insured in touch with and in the care of relatives will be reimbursed, usually up to a maximum amount.
Insurance Encyclopedia
Identification of benefits (Health Insurance)
Reimbursement of the cost of finding and entrusting the care of a disabled insured to their relatives.
Identification of Container
For identification of containers they have markings showing (i) owner code, serial number and check digit, (ii) country code and type code and (iii) maximum gross and tare weight.
Identity theft
The act of assuming another person’s identity in order to gain access to a person’s bank accounts or other personal financial information. The thief often obtains a person’s identifying information such as social security number, date of birth, account numbers and other such information to commit fraud or other crimes.
If Clauses
Clauses which terminate coverage “if” certain conditions are created or discovered. An example is the concealment or misrepresentation provision which states that if this is discovered, the coverage is void.
If clauses (Property Insurance)
A clause stating that coverage will be discontinued if the insured is found to be doing certain things; for example, withholding pertinent information.
Igloo
Container designed to occupy full main deck width of carrying aircraft.
Ignite
To initiate combustion.
Ignition
The act of setting something on fire. to (cause to) catch fire. Petrol is easily ignited. The instrument in a car etc which ignites the petrol in the engine. He switched on the car’s ignition.
Ill-health early retirement
Occurs when a pension scheme member in poor health retires early. The pension may be higher than the amount that would have been achieved by an early retirement for other reasons.