See: Management and Administrative Reporting Subsystem (MARS) .
Insurance Encyclopedia
Martial law
The suspension of ordinary law due to war and rebellion. It is not a law in the proper sense but the exercise of will by a military commander who takes the responsibility for suspending ordinary law to ensure safety of the state. It is illegal in time of peace but, by inference, lawful in times of war or civil commotion. Insurance policies may exclude losses during a period of martial law.
Masonry noncombustible construction (Property Insurance)
Construction using masonry materials, such as brick or concrete, on the outside walls of the structure, and noncombustible materials for the roof and floor.
Mass immunization center
Location where providers administer pneumococcal pneumonia and influenza virus vaccination and submit these services as electronic media claims or paper claims or use the roster billing method. This generally takes place in a mass immunization setting such as a public health center, pharmacy, or mall but may include a physician’s office setting.
Mass marketing
Sales technique employed by insurance companies to immediately reach a vast number of potentially interested individuals.
Mass merchandising
A practice wherein a large group of individuals, such as a group of employees, all insure with the same company, and remit premiums in a lump sum.
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Plan for insuring individual members of a group, such as employees of firms or members of labor unions, under a single program of insurance at reduced premiums. Property and liability insurance is sold to individual members using group insurance marketing methods.
Mass Merchandizing
The sale of group property insurance through payroll deduction; most mass merchandizing plans specialize in health, personal accident, automobile and/or homeowner’s insurance.
Mass risks
An official term used in EEA insurance regulation. It means any risk that is not a ‘large risk’. See large risks.
Master
The Admiralty law term for the caption of a ship.
Master charge list
See: charge description master (CDM) .