A benefit or payment to an insurance policy beneficiary that results the accidental death of the insured person under the policy. … [Read more...] about ACCIDENTAL DEATH BENEFIT
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ACCEPTABLE RISK
The level or risk that is deemed acceptable for a particular action. … [Read more...] about ACCEPTABLE RISK
ACCESSION, DEED OF
In Scotch law. A deed executed by the creditors of a bankrupt or insolvent debtor, by which they approve of a trust given by their debtor for the general behoof, and bind themselves to concur in the plans proposed for extricating his affairs. Bell, Diet. Accessorinan non ducit, sed loquitur smun principale. Co. Litt. 152. That which is the accessory or incident does not lead, … [Read more...] about ACCESSION, DEED OF
ACCIDENTAL DEATH CLAUSE
See double indemnity and triple indemnity. A clause in a life insurance policy which pays the policy beneficiary multiple times the ordinary amount the policy pays as a result of the death of an insured person as a result of an accident. … [Read more...] about ACCIDENTAL DEATH CLAUSE
ACCEPTABLE USE POLICY (AUP)
The policy that sets forth the rules of usage by users or members, for example, a member of a social networking website must adhere to rules of behavior set forth in the website's AUP / Acceptable Use Policy. … [Read more...] about ACCEPTABLE USE POLICY (AUP)