Any communicable disease or one that can be transmitted from one human to another or from animal to human by direct or indirect contact.
Insurance Encyclopedia
Infectious disease, murder and closure extension
Clause in a business interruption policy to protect the insured against interruption due to infectious and contagious disease (AIDS is not covered), discovery of vermin at the premises, closure by a competent authority due to defective drains and sanitation, murder or suicide, or food poisoning affecting persons at the premises. This extension is particularly relevant for public access risks such as hotels, etc., and will cover cancellation of bookings due to an outbreak of notifiable infectious or con gious diseases in the area.
Infectious material
Human body fluids that are considered potentially contagious are amniotic fluid, cerebrospinal fluid, pericardial fluid, peritoneal fluid, pleural fluid, saliva, semen, synovial fluid, vaginal secretions, any body fluid that is contaminated with blood, and all body fluids where it is difficult to differentiate among body fluids. Infectious material also refers to unfixed tissue or organ from a human (living or dead), cell or tissue cultures containing human immunodeficiency virus (HIV) and blood, and organs or tissues from animals infected with HIV or hepatitis B virus (HBV).
Infertility
Condition of being unable to produce offspring.
Inflammable
Easily set on fire. Any property which by its presence increases the risk of fire is inflammable. It has to do with the inherent nature and qualities of the goods.
Inflation Factor
A loading to provide for increased medical costs and loss payments in the future due to inflation.
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An adjustment of premium to allow for a rise in costs due to inflation.
Inflation factor (Health Insurance)
An amount loaded into the premium to compensate for future inflation of medical costs and loss payments.
Inflation guard clause
Additional provision to a homeowner’s insurance policy that automatically adjusts the dwelling limit on renewal of the policy because of current construction costs. Also called inflation guard endorsement .
Inflation guard coverage (Property Insurance)
Insurance that intermittently increases in value to keep a realistic amount of coverage, due to the rapidly inflating cost of building materials.
Inflation Guard Endorsement
An endorsement attached to an insurance policy where the limits of liability on a piece of property are increased on a regular basis by a certain percentage in order to offset increasing building costs associated with inflation.
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An endorsement attached to an insurance policy whereby the limits of liability on a piece of property are increased on a regular basis by a certain percentage in order to offset increasing building costs associated with inflation.
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MEDICAL,USA,REFERENCE: See: inflation guard clause .