Coverage that protects any additions, alterations, and improvements a condo owner makes to his unit, for up to 10 percent of your contents limit. This coverage can be increased.
Tag: RAW
Additions and deletions clause
A clause applicable to certain aviation hull insurances under which the cover is automatically extended to include further aircraft owned or operated by the insured of the same type and value of the aircraft already insured.
Additions, deletions, revisions (ADR)
Commonly used acronym in relation to a hospital charge description master (CDM); also called charge master.
Additur
A situation where the court increases a previous award.
Addressable
Under HIPAA rules, implementation specification under the security rule related to encrypted electronic mail that contains the patient’s protected health information. The provider must implement the specification as stated in the rule, implement protections equivalent to the rule, or clearly document why the implementation specification does not apply.
Adequate
A criterion of insurance rate regulation that stipulates that an insurer’s premium rates must be adequate to cover the insurer’s cost of doing business, claims payments, and a reasonable profit to the insurer.
Adequate care
See: Due Care.
Adequate plant, machinery and equipment
At common law an employer must take reasonable care to provide adequate plant and machinery and see that it is properly maintained. This includes the provision of protective devices and clothing and, where appropriate, a warning or exhortation to use such equipment. The employer may also have to take account of any special disabilities of the workman (Paris v. Stepney B.C. (1951)). Under the Employers’ Liability (Defective Equipment) Act 1969 the employer is strictly liable for injury caused by a latent defect in a tool, even though the fault is that of the manufacturer. See PUWER.
Adequate rates
Charges that generate insurance premiums that are enough to cover incurred claims, operational costs, risk charges, and contingency reserve funds.
ADFM
Abbreviation in the TRICARE program that means active duty family members.