Atlantic Insurance Group Resources:
At Atlantic Insurance Group, we’re firm believers in “knowledge is power.” We hope you’ll take a moment and explore the resources provided below. We look forward to the privilege to work with you to tailor an insurance program that truly meets your needs and provides you with sound coverage and peace of mind.
Glossary
There are currently 14 names in this directory beginning with the letter E.
Earned Premium
The portion of the total policy premium that has been “used up” during a policy term. With a one-year policy, half of the total premium has been earned after six months.
Endorsement
A written agreement attached to a policy expanding or limiting the benefits otherwise payable under the policy. Also called a “rider.”
Equipment Floater
A property insurance coverage for equipment that is often moved from place to place.
Estimated Premium
A preliminary premium amount that could be adjusted based on a variance in exposures.
Evidence of Insurability
To qualify for a particular policy at a particular price, companies have the right to ask for information about health and lifestyle. An insurance company will use this information – the evidence of insurability – in deciding if your application for insurance is acceptable and at what premium rate.