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GLOSSARY

 GLOSSARY TERMS by Alpha
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Tail coverage
Temporary worker
Term
Term Insurance
Term Life Insurance
Tertiary beneficiary
Third party
Threshold level
Tight market
Time element coverage
Title insurance
Tort
TPA - Third party administrator
Trailer interchange agreement
Transfer of risk
Transit Coverage
Treaty reinsurance
Twisting

Transit Coverage

Coverage of the insured's property while in transit over land from one location to another. Property insurance policies typically provide coverage only at locations identified in the policy.

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