Understanding Important Insurance Terms

If you’ve ever read anything about insurance, whether it’s information about a policy or a sales letter for a product, you may have noticed the strange and sometimes difficult language used. However, there’s a way you can learn about insurance terms to better understand the terminology and be able to find the policy you need without feeling like a fish out of water.

A User-Friendly Glossary for You

Dictionaries are things of beauty since they help people understand the meaning behind unfamiliar words. Fortunately, the glossary of terms provided by D&G Sayles Insurance offers the same assistance for insurance terms. With this handy guide at your fingertips, you can easily find the words or phrases you need, such as the following:

Adjustable life insurance
Collision insurance
Contractors liability insurance
Employee benefits program
Individual deductible
Living trust
Marine insurance
Overhead expense insurance

You never know when you might need to look up a term related to your insurance policy or understand what a policy covers. Having this glossary of terms and definitions can be a lifesaver.

The Power of Obtaining Knowledge

Understanding insurance terminology can make you a more informed consumer and give you the knowledge needed to fully comprehend what a policy covers. When you learn about insurance, you can be the one in control of your insurance needs.