LOMA Glossary

The LOMA Glossary of Insurance and Financial Services Terms

Copyright © 2013 LL Global, Inc. Used with permission from LL Global. All rights reserved. Copying, downloading, reproducing, republishing, transmitting, or otherwise disseminating the LOMA Glossary in any form or by an means, electronic or mechanical, without permission from LL Global is a violation of U.S. federal law and international law. For additional information on LOMA, an operating division of LL Global, and its educational programs, visit LOMA’s Web site at www.loma.org.

The LOMA Glossary appears on this site by special permission of LLC Global, Inc. However, LL Global makes no representation or endorsement, express or implied, regarding this site, its owner or its products or services. LL Global is not related to the owner of this site in any way and use of this Glossary does not indicate a sponsorship, endorsement or affiliation with or by LL Global.
These definitions are for general informational and educational purposes only. You should consult a qualified professional for interpretation of terms in a specific contract. LL Global does not interpret insurance policies in whole or in part and LL Global is not legally responsible for any interpretation of policy or contact terms used by any insurer, the owner of this site or any other person.
Furthermore, the Glossary is a compilation of definitions from various texts produced by LOMA; however, it is not an assigned text for any LOMA course. Sometimes a definition in the Glossary will differ somewhat from the definition in a LOMA text because of the nuances of the subject matter in the text. A learner taking an exam always should rely on the definition in the assigned text rather than the one in the Glossary.
In using this glossary you hereby agree not to reproduce or disseminate the LOMA Glossary as noted above and not to use or rely on the definitions contained in the LOMA Glossary in interpreting any particular policy or contract or groups of policies or contracts or in connection with the interpretation of a legal or insurance issue.

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