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Glossary T

Tactics

Specific actions taken during a negotiation to achieve a desired outcome.

  1. Bad Faith Vs. Denial: Insurance Claim (Misconceptions)
  2. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)
  3. First Offer Vs. Final Settlement: Negotiation (Tactics)
  4. What Strategies Should I Use to Close Deals as an Insurance Agent? (9 Simple Questions Answered)
  5. How Does Commission Affect an Insurance Agent’s Income? (9 Simple Questions Answered)
  6. How Can Insurance Agents Increase Their Reach to Attract More Clients? (9 Simple Questions Answered)
  7. How Can Insurance Agents Achieve Financial Stability? (10 Important Questions Answered)
  8. Insurance Defense Vs. Personal Counsel: Legalities (Explained)
  9. Underwriting Vs. Claims: The Insurance (Process)
  10. What Training Do I Need To Become An Insurance Agent? (10 Important Questions Answered)

Tail coverage

  1. Occurrence Vs. Claims-Made: Understanding Liability Policies (Unraveled)

Taxable income

  1. Health Savings Account Vs. Flexible Spending Account: Which One Is Better For You?
  2. Universal Vs. Variable Life Insurance: Making Sense (Clear)
  3. Individual Health Insurance Vs. Group Health Insurance: Which One Is More Affordable?

Tax Benefits

  1. Business Insurance Vs. Personal Insurance: What Are The Key Differences?
  2. Catastrophic Health Insurance Vs. Comprehensive Health Insurance: Which One Is Right For You?
  3. Deductible Vs. Premium: Which One Saves You More Money?
  4. Individual Health Insurance Vs. Group Health Insurance: Which One Is More Affordable?

Tax credits

Direct reductions in taxes owed.

  1. Group Vs Individual Insurance: Which to Choose? (Decision)
  2. How Can Insurance Agents Achieve Financial Stability? (10 Important Questions Answered)

Tax deductions

Expenses that can be subtracted from taxable income.

  1. Group Vs Individual Insurance: Which to Choose? (Decision)
  2. Business Insurance Vs. Personal Insurance: What Are The Key Differences?
  3. How Can Insurance Agents Achieve Financial Stability? (10 Important Questions Answered)
  4. Health Savings Account Vs. Flexible Spending Account: Which One Is Better For You?
  5. How Can Landlords Protect Against Property Damage? (10 Important Questions Answered)
  6. Term Life Vs. Permanent Life Insurance: Which One Is A Better Investment?
  7. Term Life Vs. Whole Life: Which One Is Right For You?

Tax-deferred growth

  1. Fixed Vs Variable Annuities: Key Differences (Explained)
  2. Term Life Vs. Permanent Life Insurance: Which One Is A Better Investment?
  3. Universal Vs. Variable Life Insurance: Making Sense (Clear)
  4. Glossary Terms

Tax-deferred growth potential

Investment growth that is not taxed until withdrawn.

  1. Fixed Vs Variable Annuities: Key Differences (Explained)

Tax-free withdrawals

  1. Universal Vs. Variable Life Insurance: Making Sense (Clear)
  2. Health Savings Account Vs. Flexible Spending Account: Which One Is Better For You?

Tax Implications

  1. Disability Insurance Vs. Workers’ Compensation: Which One Protects You More?
  2. Term Life Vs. Permanent Life Insurance: Which One Is A Better Investment?
  3. Term Life Vs. Whole Life: Which One Is Right For You?

Tax implications of annuities

The tax consequences of investing in annuities.

  1. Fixed Vs Variable Annuities: Key Differences (Explained)

Tax savings

Reductions in taxes owed through deductions and credits.

  1. Co-payment Vs Co-insurance: Decoding Health Insurance (Terms)
  2. Deductible Vs. Out-Of-Pocket Limit: Insurance (Costs)
  3. Group Vs Individual Insurance: Which to Choose? (Decision)
  4. Health Savings Account Vs. Flexible Spending Account: Which One Is Better For You?
  5. Open Vs. Closed Insurance: Navigating the (System)

Technology capabilities for policy management and claims processing

  1. Assigned Risk Vs. Voluntary Market: Insurance (Debunked)

Telemedicine services

Medical consultations provided remotely through technology.

  1. Group Vs Individual Insurance: Which to Choose? (Decision)
  2. Individual Health Insurance Vs. Group Health Insurance: Which One Is More Affordable?

Temporary disability

  1. Accidental Death Vs. Dismemberment: Insurance (Guide)

Temporary housing

  1. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)
  2. Dwelling Vs. Personal Property: Home Insurance (Focus)

Temporary relocation assistance

  1. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)

Term conversion option

The ability to convert a term life insurance policy to a permanent policy.

  1. Glossary Terms

Term conversion privilege

The option to convert a term life insurance policy to a permanent policy.

  1. Glossary Terms

Termination for cause

  1. Claim Vs. Suit: Understanding Legal Implications (Unpacked)

Termination of contract

  1. Policy Expiration Vs. Cancellation: Insurance Implications (Unveiled)

Term Length

  1. Glossary Terms

Term length options

Choices for the length of time a term life insurance policy will provide coverage.

  1. Glossary Terms

Term Life Insurance

  1. Term Life Insurance Vs. Accidental Death And Dismemberment: Which One Is Better?

Term life insurance policy

A policy that provides coverage for a specific period of time.

  1. Glossary Terms
  2. Term Life Vs. Permanent Life Insurance: Which One Is A Better Investment?
  3. Term Life Insurance Vs. Accidental Death And Dismemberment: Which One Is Better?
  4. Term Life Vs. Whole Life: Which One Is Right For You?
  5. Insured Vs. Insurer: Grasping Insurance (Roles)

Terms and conditions

The specific details of an agreement or contract.

  1. Rider Vs. Endorsement: Amplifying Your Insurance (Options)
  2. Subrogation Vs. Indemnity: Complex Insurance Terms (Simplified)
  3. Actual Loss Vs. Constructive Loss: Insurance Claims (Defined)
  4. Claim Vs. Premium: Deciphering Insurance (Jargon)
  5. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)
  6. Compensation Vs. Damages: Insurance Negotiation (Unpacked)
  7. Occurrence Vs. Claims-Made: Understanding Liability Policies (Unraveled)
  8. Negligence Vs. Liability: Deciphering Insurance (Terms)
  9. Guaranteed Vs. Reviewable Premiums: Insurance (Decoded)
  10. Travel Insurance Vs. Medical Insurance: Which One Covers You Better Abroad?
  11. How Does Third-Party Insurance Protect You? (9 Simple Questions Answered)
  12. Term Life Insurance Vs. Accidental Death And Dismemberment: Which One Is Better?
  13. Stated Value Vs. Agreed Value: Insurance Coverage (Unraveled)
  14. Stacking Vs. Unstacking: Understanding Insurance (Coverage)
  15. Pet Insurance Vs. Pet Wellness Plans: Which One Covers More?
  16. Insured Vs. Insurer: Grasping Insurance (Roles)
  17. Homeowners Insurance Vs. Title Insurance: What’s The Difference?
  18. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)
  19. Fixed Vs Variable Annuities: Key Differences (Explained)
  20. First-Party Vs. Third-Party Insurance: Roles (Unveiled)
  21. Dwelling Vs. Personal Property: Home Insurance (Focus)
  22. Disability Insurance Vs. Workers’ Compensation: Which One Protects You More?
  23. How Can I Get Comprehensive Car Insurance Coverage? (9 Simple Questions Answered)
  24. Collision Coverage Vs. Comprehensive Coverage: Which One Do You Need For Your Car?
  25. How Does Collision Insurance Work? (10 Important Questions Answered)
  26. Appraisal Vs. Arbitration: Resolving Insurance Disputes (Explained)
  27. All-Risk Vs. Named-Peril: Insurance Policies (Decoded)
  28. Indemnity Vs. Subrogation: Insurance Terms (Simplified)
  29. Umbrella Insurance Vs. Excess Liability: What’s The Difference?

Term to 100 policy

A type of life insurance policy that provides coverage until the age of 100.

  1. Glossary Terms

Testimony

  1. Claim Vs. Suit: Understanding Legal Implications (Unpacked)
  2. Insurance Defense Vs. Personal Counsel: Legalities (Explained)

Testimony and evidence presentation

  1. Insurance Defense Vs. Personal Counsel: Legalities (Explained)

Testimony credibility

  1. Insurance Defense Vs. Personal Counsel: Legalities (Explained)

Theft prevention measures

  1. Peril Vs. Hazard: Understanding Home Insurance (Terminology)

Theft protection

  1. Peril Vs. Hazard: Understanding Home Insurance (Terminology)
  2. Personal Property Insurance Vs. Business Property Insurance: What’s The Difference?

Third-party bad faith claims

  1. Claim Denial Vs. Reservation of Rights: Insurance (Scenarios)

Third-party claimant

  1. Claim Dispute Vs. Complaint: Navigating Insurance (Challenges)
  2. Subrogation Vs. Indemnity: Complex Insurance Terms (Simplified)
  3. Policyholder Vs. Claimant: Understanding the Difference (Decoded)

Third-party claimant rights

  1. Claim Dispute Vs. Complaint: Navigating Insurance (Challenges)

Third-party claims

Claims made against the insured by someone else for damages or injuries.

  1. Indemnity Vs. Subrogation: Insurance Terms (Simplified)
  2. Policyholder Vs. Claimant: Understanding the Difference (Decoded)
  3. Fault Vs. No-Fault: Auto Insurance Claims (Explained)
  4. How Does Liability Insurance Protect You? (10 Important Questions Answered)
  5. Subrogation Vs. Indemnity: Complex Insurance Terms (Simplified)
  6. Bodily Injury Vs. Personal Injury: Insurance (Distinction)
  7. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  8. What Is Liability Protection Insurance? (9 Simple Questions Answered)
  9. Actual Loss Vs. Constructive Loss: Insurance Claims (Defined)
  10. How Does Collision Insurance Work? (10 Important Questions Answered)
  11. How Can I Get Comprehensive Car Insurance Coverage? (9 Simple Questions Answered)
  12. Excess Liability Insurance Vs. Commercial General Liability Insurance: Which One Is The Best Fit For Your Business?
  13. Liability Insurance Vs. Property Insurance: Which One Do You Need More For Your Business?
  14. What Types Of Insurance To Landlords Need? (10 Important Questions Answered)

Third-party insurance

  1. First-Party Vs. Third-Party Insurance: Roles (Unveiled)
  2. How Does Third-Party Insurance Protect You? (9 Simple Questions Answered)

Third-party liability

Liability coverage that protects the policyholder from damages caused to a third party.

  1. Third-Party Liability Insurance Vs. First-Party Insurance: What’s The Right Choice For You?
  2. Property Damage Vs. Bodily Injury: Claims (Defined)
  3. Indemnity Vs. Subrogation: Insurance Terms (Simplified)
  4. Policyholder Vs. Claimant: Understanding the Difference (Decoded)
  5. Bad Faith Vs. Denial: Insurance Claim (Misconceptions)
  6. How Does Collision Insurance Work? (10 Important Questions Answered)
  7. First-Party Vs. Third-Party Insurance: Roles (Unveiled)
  8. What Is Liability Protection Insurance? (9 Simple Questions Answered)

Third-party liability coverage

  1. First-Party Vs. Third-Party Insurance: Roles (Unveiled)
  2. How Does Collision Insurance Work? (10 Important Questions Answered)
  3. Personal Property Insurance Vs. Business Property Insurance: What’s The Difference?
  4. Policyholder Vs. Claimant: Understanding the Difference (Decoded)

Third-party property damage

Coverage for damage to someone else’s property caused by the insured.

  1. Liability Vs Full Coverage: Car Insurance (Dilemma)

Timeframe for claim resolution

  1. Policy Expiration Vs. Cancellation: Insurance Implications (Unveiled)

Timeframe for resolution

  1. Compensation Vs. Damages: Insurance Negotiation (Unpacked)

Timely communication

  1. Bad Faith Vs. Denial: Insurance Claim (Misconceptions)

Timely payment of claims

  1. Claim Vs. Appeal: Understanding Insurance (Processes)

Title branding laws

  1. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)

Tolling provisions

  1. Insurance Defense Vs. Personal Counsel: Legalities (Explained)

Tortfeasor

  1. Fault Vs. No-Fault: Auto Insurance Claims (Explained)

Tortious interference with contractual relations

  1. Claim Denial Vs. Reservation of Rights: Insurance (Scenarios)

Tort law

The area of law that deals with civil wrongs and the compensation for damages caused by those wrongs.

  1. Bodily Injury Vs. Personal Injury: Insurance (Distinction)
  2. Insurance Defense Vs. Personal Counsel: Legalities (Explained)

Tort system

  1. Fault Vs. No-Fault: Auto Insurance Claims (Explained)

Tort system states

  1. Fault Vs. No-Fault: Auto Insurance Claims (Explained)

Total loss

When the cost to repair a damaged vehicle exceeds its value.

  1. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)
  2. Stated Value Vs. Agreed Value: Insurance Coverage (Unraveled)
  3. Underinsured Vs. Uninsured: Motorist Coverage (Demystified)
  4. Claim Vs. Premium: Deciphering Insurance (Jargon)
  5. Actual Cash Value Vs. Agreed Value: Insurance (Clarified)
  6. Actual Cash Value Vs. Functional Replacement Cost (Decoded)
  7. How Does Collision Insurance Work? (10 Important Questions Answered)
  8. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  9. Actual Cash Value Vs. Depreciation: Insurance (Clarified)
  10. Liability Vs Full Coverage: Car Insurance (Dilemma)
  11. Peril Vs. Hazard: Understanding Home Insurance (Terminology)
  12. Rider Vs. Endorsement: Amplifying Your Insurance (Options)

Total loss claim

  1. Actual Cash Value Vs. Functional Replacement Cost (Decoded)
  2. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)

Total loss determination

  1. Actual Cash Value Vs. Agreed Value: Insurance (Clarified)

Total loss threshold

  1. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)

Towing and labor cost coverage

  1. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)

Towing and labor costs

Coverage for the cost of towing and labor if a vehicle breaks down or is involved in an accident.

  1. How Does Collision Insurance Work? (10 Important Questions Answered)
  2. Property Damage Vs. Bodily Injury: Claims (Defined)
  3. How Does Third-Party Insurance Protect You? (9 Simple Questions Answered)
  4. What Are The Major Types Of Insurance? (9 Simple Questions Answered)

Towing and rental car reimbursement coverage

Insurance coverage for the cost of towing and rental cars after an accident.

  1. Liability Vs Full Coverage: Car Insurance (Dilemma)

Trade secrets

  1. Mediation Vs. Arbitration: Dispute Resolution (Demystified)

Transparency

  1. Public Vs. Private Health Insurance: Pros and Cons (Discussed)
  2. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)

Travel insurance

  1. Travel Insurance Vs. Medical Insurance: Which One Covers You Better Abroad?
  2. What Are The Major Types Of Insurance? (9 Simple Questions Answered)
  3. Health Maintenance Organization Vs. Preferred Provider Organization: Which One Is Better?
  4. International Health Insurance Vs. Domestic Health Insurance: Which One Offers Better Coverage?
  5. Actual Cash Value Vs. Agreed Value: Insurance (Clarified)

Treatment options

Choices for medical care, including surgery, medication, and therapy.

  1. HMO Vs PPO: Navigating Health Insurance (Plans)
  2. Health Maintenance Organization Vs. Preferred Provider Organization: Which One Is Better?

Treatment plan

  1. Claim Vs. Appeal: Understanding Insurance (Processes)

Treaty reinsurance

  1. Insured Vs. Insurer: Grasping Insurance (Roles)
  2. Underwriting Vs. Claims: The Insurance (Process)

Trial by jury

  1. Claim Vs. Suit: Understanding Legal Implications (Unpacked)
  2. Appraisal Vs. Arbitration: Resolving Insurance Disputes (Explained)

Trial preparation

  1. Insurance Defense Vs. Personal Counsel: Legalities (Explained)

Tribunal

  1. Demand Letter Vs. Settlement Offer: Negotiation (Unveiled)

Trust building

The act of establishing trust between two or more parties in a negotiation.

  1. Demand Letter Vs. Settlement Offer: Negotiation (Unveiled)

Trust-building measures

Actions taken to build trust during a negotiation.

  1. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)

Trust-building strategies

Plans for building trust during a negotiation.

  1. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)

Trustee

  1. Beneficiary Vs. Policyholder: The Critical Distinction (Defined)
  2. Death Benefit Vs. Cash Value: Life Insurance (Clarity)

Trustworthiness

The quality of being reliable and trustworthy.

  1. Assigned Risk Vs. Voluntary Market: Insurance (Debunked)
  2. What Should I Know About Background Checks for Becoming an Insurance Agent? (10 Important Questions Answered)
  3. What Strategies Should I Use to Close Deals as an Insurance Agent? (9 Simple Questions Answered)
  4. Counter-Offer Vs. Rejection: Navigating Negotiation (Strategies)

Type and value of personal belongings within the property

Items owned by an individual, such as furniture, clothing, and electronics.

  1. Actual Cash Value Vs Replacement Cost: Insight (Uncovered)

Type of construction materials used

Type of construction materials used – The materials used to construct a building, which is used to determine insurance premiums and payouts.

  1. Actual Cash Value Vs Replacement Cost: Insight (Uncovered)

Type of coverage

The specific type of insurance coverage purchased, such as auto, home, or life insurance.

  1. Underinsured Vs. Uninsured: Motorist Coverage (Demystified)
  2. Collision Coverage Vs. Comprehensive Coverage: Which One Do You Need For Your Car?
  3. Travel Insurance Vs. Medical Insurance: Which One Covers You Better Abroad?
  4. Stated Value Vs. Agreed Value: Insurance Coverage (Unraveled)
  5. Liability Vs. Comprehensive Auto Insurance: Which One Do You Need?
  6. Actual Cash Value Vs Replacement Cost: Insight (Uncovered)
  7. Loss Vs. Damage: Insurance Claims (Interpreted)
  8. Total Loss Vs. Repairable: Auto Insurance Claims (Clarified)
  9. Critical Illness Insurance Vs. Disability Insurance: Which One Do You Need More?
  10. Fault Vs. No-Fault: Auto Insurance Claims (Explained)
  11. Disability Insurance Vs. Workers’ Compensation: Which One Protects You More?
  12. Single Limit Vs. Split Limit: Auto Insurance (Clarified)
  13. Individual Health Insurance Vs. Group Health Insurance: Which One Is More Affordable?
  14. Property Damage Vs. Bodily Injury: Claims (Defined)
  15. Third-Party Liability Insurance Vs. First-Party Insurance: What’s The Right Choice For You?
  16. Car Insurance Vs. Rental Car Insurance: Are You Covered In A Rental Car?
  17. Umbrella Vs. Excess Coverage: Liability Insurance (Decoded)
  18. Term Life Insurance Vs. Accidental Death And Dismemberment: Which One Is Better?
  19. Rider Vs. Endorsement: Amplifying Your Insurance (Options)
  20. Umbrella Insurance Vs. Excess Liability: What’s The Difference?
  21. Short-Term Health Insurance Vs. Long-Term Health Insurance: Which One Is Better?
  22. Umbrella Vs Excess Liability: Exploring Insurance (Layers)
  23. Term Life Vs. Permanent Life Insurance: Which One Is A Better Investment?
  24. How Does Third-Party Insurance Protect You? (9 Simple Questions Answered)
  25. Actual Cash Value Vs. Functional Replacement Cost (Decoded)
  26. Personal Property Insurance Vs. Business Property Insurance: What’s The Difference?
  27. Medicare Vs. Medicaid: Navigating Public Insurance (Options)
  28. International Health Insurance Vs. Domestic Health Insurance: Which One Offers Better Coverage?
  29. Insured Vs. Insurer: Grasping Insurance (Roles)
  30. Homeowners Vs. Renters Insurance: What’s the Difference? (Explained)
  31. Excess Liability Insurance Vs. Commercial General Liability Insurance: Which One Is The Best Fit For Your Business?
  32. Dwelling Vs. Personal Property: Home Insurance (Focus)
  33. Disability Insurance Vs. Long-Term Care Insurance: Which One Do You Need More As You Age?
  34. Cyber Insurance Vs. General Liability Insurance: Which One Covers Your Business Better?
  35. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  36. How Can I Get Comprehensive Car Insurance Coverage? (9 Simple Questions Answered)
  37. Catastrophic Health Insurance Vs. Comprehensive Health Insurance: Which One Is Right For You?
  38. Business Insurance Vs. Personal Insurance: What Are The Key Differences?
  39. All-Risk Vs. Named-Peril: Insurance Policies (Decoded)
  40. Pet Insurance Vs. Pet Wellness Plans: Which One Covers More?
  41. What Types Of Insurance To Landlords Need? (10 Important Questions Answered)

Type of coverage requested

  1. Actual Cash Value Vs. Agreed Value: Insurance (Clarified)

Type of vehicle

Type of vehicle – The category of vehicle, such as car, truck, or motorcycle, which is used to determine insurance premiums and payouts.

  1. Collision Coverage Vs. Comprehensive Coverage: Which One Do You Need For Your Car?
  2. Liability Vs Full Coverage: Car Insurance (Dilemma)
  3. Assigned Risk Vs. Voluntary Market: Insurance (Debunked)
  4. Comprehensive Vs Collision: Understanding Auto Insurance (Basics)
  5. Liability Vs. Comprehensive Auto Insurance: Which One Do You Need?
  6. Stacking Vs. Unstacking: Understanding Insurance (Coverage)
  7. Stated Value Vs. Agreed Value: Insurance Coverage (Unraveled)

Type of vehicle or property insured

  1. First-Party Vs. Third-Party Insurance: Roles (Unveiled)