Construction using masonry materials, such as brick or concrete, on the outside walls of the structure, and noncombustible materials for the roof and floor.
Insurance Encyclopedia
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) .
Master contract
Insurance policy issued to a group insurance policyholder that lists the provisions (terms and conditions) of the group insurance plan. Also called master policy .
Master contract (Pensions)
The contract provided to an employer whose employees have a group contract.