Glossary
Home equity insurance covers a homeowner against declines in home prices.
Read MoreHome foreign refers to insurance written in one country on property or risks located in another country.
Read MoreHonorable engagement or undertaking is a phrase found in some reinsurance agreements that typically provides that arbitrators shall interpret the reinsurance contract as an "honorable engagement" and not merely as a legal obligation.
Read MoreThe horizontal exhaustion rule is a legal theory that requires an insured with multiple primary and excess policies covering a common risk to exhaust all primary policy limits before invoking excess coverage.
Read MoreHospital income insurance provides a stated weekly or monthly payment during the hospitalization of the insured.
Read MoreHospital medicine is a medical specialty addressing the care needs of acutely ill, hospitalized patients.
Read MoreHospital professional liability insurance is purchased by hospitals to cover their liability for professional acts, errors, or omissions.
Read MoreHostile fire is a fire that becomes uncontrollable or expands outside its intended boundaries.
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