An aircraft with pallet or container capacity on its main deck as well as in its belly holds.
Tag: RAW
Combination
(i) Applied to a Company or Agent handling both industrial and life Insurance. (ii) Increasing the number of exposure units, thus, reducing the risk.
Combination agency (Life Insurance)
An agency that sells both life insurance and industrial life insurance.
Combination Agent
One who sells both ordinary and industrial life and health business. The combination agent, like an industrial agent, is assigned to clients in a specific territory.
Combination agent (Life Insurance)
An agent who sells industrial life insurance and regular life insurance.
Combination Business Interruption Extra Expense Insurance
A policy which provides both business interruption and extra expense coverage in a single contract. This is now replaced by the business income forms. Refer: “Business Income Coverage Form.”
Combination clause
Provision in a disability income contract that defines when total disability will no longer be based on the insured’s inability to perform his or her occupation but on the insured’s inability to perform any occupation.
Combination code
1. A code from one section of the procedural code book combined with a code from another section that is used to completely describe a procedure performed. 2. In diagnostic coding, one code that is used to classify two related diagnoses.
Combination company
Life and health insurance company whose agents sell both industrial and ordinary life insurance products.
Combination Crime Coverage Plan
Under the latest commercial lines program, two combination crime coverage plans are available. When written with separate limits option, any combination of a variety of coverage may be included at different limits and the insurance is similar to the earlier Comprehensive Dishonesty, Disappearance and Destruction (3-D) policy. When written with a single limit, major coverage are mandatory, optional coverage may be included, but one limit applies to all coverage purchased and the insurance is similar to the Blanket Crime Policy.