Arrears

Status of an insurance policy on which the monthly premiums have not been paid by a subscriber or member and are past due but which has a grace period that has not expired.

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Overdue premiums.

 

Arson

Willful, deliberate, and malicious act of setting fire to property.

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The intentional setting a fire of property. The illegal burning of a building or other property, the crime of setting fire to something.

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UK: The criminal act of setting fire to property deliberately. The resultant damage is covered by a fire policy unless the insured is the arsonist.

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The burning of a structure with intent to commit a felony. There are many types of arson but the only type the adjuster must be concerned with as a fraud is arson for profit. Most arson fires are not profit but are rather spite, revenge – or jealousy – inspired fires.

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US: The willful and malicious burning of, or attempt to burn, any structure or other property, often with criminal or fraudulent intent.

 

 

 

AS

1. See administrative simplification (AS). 2. HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating services of an assistant at surgery. Use of this modifier affects Medicare payment. 3. See assistant surgeon (AS).