exali Glossary
Your encyclopedia of technical terms used in the insurance industry
The insurance industry is full of technical terms—from insurance policies and obligations to recourse claims. To help you keep track of everything, the exali glossary explains the main insurance terms in a simple, understandable, and practical way.
In the exali glossary, you will find not only definitions, but also practical examples, legal information, and references to the appropriate insurance coverage. This way, you always know where the risks lie—and how to protect yourself against them.
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For example, there are answers to these insurance questions in the exali.com glossary:
- Why is all-risk coverage particularly good for policyholders?
- Why is passive legal expenses insurance an important part of professional indemnity insurance?
- What is a service contract?
- What is pure/real financial loss?
- What is the difference between contractual liability and statutory liability?
If you can’t find a term, please don’t hesitate to contact us. We will answer your question and add it to the glossary.
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