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T. T1 T2 T3 T4 T5 T6 T7 T8 T9 Ta Tc Td Te Tf Tg Th Ti Tj Tk Tl Tm Tn To Tp Tq Tr Ts Tt Tu Tv Tw Ty

Tabular List

Series of three- to five-digit code numbers with descriptions for disease classifications listed in Volume 1 of the International Classification of Diseases, Ninth Revision, Clinical Modification (ICD-9-CM) code book.

Tail

1. A period beyond the expiry of an insurer’s liability policy during which the insurer remains liable for losses that occurred during the policy period. See LONG-TAIL. 2. In the context of claimsmade policies ‘tail’ means an extended reporting period or discovery period.

Tail (Coverage)

The term is used to describe both the exposure that exists after expiration of a policy and the coverage that may be purchased to cover that exposure. On “Occurrence” forms a claims tail may extend for years, after policy expiration, and the losses may be covered. On “Claims Made” forms tail coverage may be purchased to extend the period for reporting covered claims beyond the policy period.

Tail Factor

a factor applied in a link ratio projection, to arrive at a loss estimate where the claims business may deteriorate beyond the point for which there is historic data, for example where the oldest year is, say, 10 years old but it is appropriate to assume that the ultimate loss will be higher than the year 10 loss.

Tail series

Marine cargo term referring to the last packages to be discharged which total an insufficient number to reach the agreed ‘series’ for the application of a franchise or a deductible.