Glossary

A triple option plan is an employer health insurance plan that allows the employee an opportunity to choose between an indemnity, health maintenance organization, or preferred provider organization plan.

Triple trigger theory is one approach in determining the trigger on an occurrence.

Trip lease, for purposes of the International Registration Plan, is a lease of vehicular equipment to a motor carrier (lessee) for a single interjurisdictional movement.

Trip permit for purposes of the International Registration Plan, is a trip permit issued in lieu of either "full" or "apportioned" registration.

Trip transit insurance is written to cover a specific individual shipment, as distinguished from transit insurance written to cover any and all shipments that may occur during the policy term.

Trojan horse describes a type of malicious software (malware) named after the wooden horse the Greeks used to infiltrate Troy that masquerades as a legitimate computer program such as a game, image file, disk utility, or even an antivirus program.

Truckers downtime insurance is a business interruption coverage for motor carriers or truckers.

A commercial auto policy designed to address the needs of the "for-hire" motor carrier (i.e., trucking) industry.

Truckload terminology refers to a motor carrier for hire transporting a truckload of cargo from one shipper at a time, as opposed to a less-than-truckload motor carrier that typically consolidates loads such that its cargo at any one time comes from multiple shippers.

A trustee is a person appointed to manage the property of another.