Skip Navigation Links.
Collapse IRMI OnlineIRMI Online
Expand How To Use IRMI OnlineHow To Use IRMI Online
My Paid Publications
Expand What's NewWhat's New
Expand DashboardsDashboards
Expand Commercial Liability InformationCommercial Liability Information
Expand Commercial Property InformationCommercial Property Information
Expand Commercial Auto InformationCommercial Auto Information
Expand D&O, PL, E&O, EPLI InformationD&O, PL, E&O, EPLI Information
Expand Workers Compensation InformationWorkers Compensation Information
Classifications and Cross-References
Expand Risk Mgt. and Multiline InformationRisk Mgt. and Multiline Information
Expand Risk Finance InformationRisk Finance Information
Expand Construction InformationConstruction Information
Expand Personal Lines InformationPersonal Lines Information
Expand Insurance IndustryInsurance Industry
Collapse Glossary of Insurance & Risk Management TermsGlossary of Insurance & Risk Management Terms
Collapse TermsTerms
Expand AA
Expand BB
Expand CC
Expand DD
Expand EE
Expand FF
Expand GG
Expand HH
Expand II
Expand JJ
Expand KK
Expand LL
Expand MM
Expand NN
Expand OO
Collapse PP
package policy
paid-in capital
paid losses
paid loss retrospective rating plan
paid up
paid-up additions
pain and suffering
pair or set clause
PAP
par
paralegal
parameter risk
parcel post coverage
parent company
pari passu rule
parol evidence
Part A permit, Part B permit
partial disability
partial loss
partial retention
participant
participating (par)
participating policy
participating reinsurance
particular average
partner
partner controlled insurance program (PCIP)
partner-track
party
passive foreign investment company (PFIC)
passive loss
passive retention
pass-through entity
patent infringement
patient dumping
Patient's Bill of Rights Legislation
Patient's Compensation Funds
Paul v. Virginia
payment account
payment bond
payor benefit
payout profile
payroll
payroll audit
payroll deduction
payroll limitation
peer review
penal sum
penalty
per capita
percentage participation
per diem business interruption coverage
perfect hedge
performance bond
performance ratio
peril
peril of the sea
per-loss deductible
permanent and stationary
permanent life insurance
permanent partial disability
permanent total disability
per occurrence limitation of liability provision
per risk excess reinsurance
personal and advertising injury
personal articles floater
personal auto policy (PAP)
personal effects floater
Personal Information Protection and Electronic Documents Act (PIPEDA)
personal injury
personal injury protection (PIP)/no-fault
personal liability coverage
personal lines
personal property
personal risk management (PRM)
personal umbrella policy
personnel risk
per stirpes
phishing
physical hazard
physical impairment
physical-mental injuries
physical rehabilitation
P&I insurance
PIP
placement service agreement (PSA)
placement slips
plain language laws
plaintiff
planned retention
planning
plate glass insurance
pleadings
PML
point-of-entry treatment device
point-of-use treatment device
police professional liability insurance
policy
policy anniversary
policy conditions
policy date
policy definitions
policy dividend
policy expense allowance
policy fee
policyholder
policyholder dividends
policyholder surplus
policy loan
policy owner
policy period
policy registers
policy reserve
policy territory
policy writing agent
policy year
policy year experience
political risk insurance
pollutant
pollutant standard index (PSI)
pollution
pollution exclusion
pool
portfolio
portfolio reinsurance
portfolio return
portfolio runoff
portfolio transfer
Port Risk
post-emergency recovery
postmortem dividend
potentially responsible party (PRP)
power of attorney
practice insurance policy
practice policy
preauthorized check plan
precedent
pre-claim advice credit
predecessor firm coverage
preexisting condition
preferred provider organization (PPO)
preferred risk
prejudgment interest
premises
premises burglary coverage
premises-operations
premises theft and outside robbery coverage form H
premium
premium, advance
premium audit
premium basis
premium capacity
premium deposit
premium discount
premium loan
premium notice
premium payment plan
premium prepayment
premium, pure
premium reserve
premiums earned
premium tax
prepaid legal plans
preponderance of evidence
present value
preservation of property
pre-set allocation provision
presumption
presumptive indemnification provision
PRIMA
primary and non-contributory
primary beneficiary
primary cover
primary insurer
primary liability
principal
principal sum
principle of indemnification
prior acts coverage
prior and pending litigation exclusion
prior work exclusion
private carrier
private company directors officers (D&O) liability insurance
private equity firm
Private Letter Ruling
private placement
Private Securities Litigation Reform Act of 1995
privileged communication
privity of contract
probability
probability analysis
probability of ruin
probable maximum loss (PML)
probationary period
proceeds
process
process risk
process wastewater
producer
producer-owned reinsurance captive (PORC)
product
product disparagement
production of documents
product liability
product liability exclusion
product liability insurance
product recall
products-completed operations
products guarantee legal liability
products tampering insurance
professional employer organization (PEO)
professional liability
professional reinsurer
profit center captives
profit commission
profit sharing plan
pro forma (projected) financial statements
program business
progressive injury or damage
prohibited risk
prohibited transaction exemption (PTE)
prohibited transactions
prohibition of voluntary payments provision
pro hoc vice
project liability insurance
project management protective liability (PMPL) insurance
promissory estoppel
promissory note
proof of loss
property damage
property insurance
property transfer liability insurance
proportional liability
proportional/pro rata reinsurance
proposal bond
pro rata
pro rata cancellation
pro rata distribution clause
pro rata reinsurance
proration
pro se
prospect
prospecting
prospective aggregates
prospective loss costs
prospective rating
protected cell captive (PCC)
protection and indemnity (P&I) insurance
protection classes
protective liability insurance
protective order
Protective Professional Indemnity Insurance
protective safeguards endorsement
provisional notice of cancellation (PNOC)
provisional premium
proximate cause
psychological rehabilitation
public adjuster
Public Company Accounting Oversight Board (PCAOB)
public easement
public employee dishonesty coverage
Public Law 15 (McCarran Act)
public liability insurance
public officials bond
public officials liability
public officials liability insurance
public or livery conveyance use
public policy exception
Public Risk Management Association (PRIMA)
publishers liability
punitive damages
purchasing group
pure captive
pure claims-made policy
pure endowment
pure loss cost
pure premium
pure risk
putting in expenses
Expand QQ
Expand RR
Expand SS
Expand TT
Expand UU
Expand VV
Expand WW
X
Expand YY
Expand ZZ
Acronyms
IRMI Publication Cross-Reference Key
Suggest a Glossary Improvement or New Term
Glossary Contributors
Add the Glossary Index to Your Web Site
Expand SearchSearch
Terms of Use
Privacy Statement
System Requirements
Support

pain and suffering

A term for physical discomfort, emotional trauma and other nonquantifiable ills for which a claimant may collect from a negligent party in addition to the actual damages awarded.
Check It Out
Save 36% with the IRMI Professional Library
© 2000-2009 International Risk Management Institute, Inc. (IRMI). All rights reserved.