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GLOSSARY

 GLOSSARY TERMS by Alpha
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Named insured
Named non-owner policy
Named peril coverage
National Association of Insurance Commissioners (NAIC)
National Association of Insurance Women (NAIW)
National Council on Compensation Insurance (NCCI)
National Flood Insurance Program (NFIP)
Negligence
Net loss
No-fault
No-Fault Auto Insurance
Non medical insurance
Nonparticipating life insurance policy
Nonrenewable
Notice of loss

No-fault

Automobile insurance system used in some states to discourage lawsuits, in which an accident victim collects from his/her own insurance company, regardless of who is at fault.

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