Insurance Exam Vocabulary Terms
Independent Contractor
An individual who is not employed for a company but instead works for themselves providing goods or services to clients for a fee.
Other terms you may be interested in:
- Catastrophe Loss
- Underlying Interest
- Commercial Farm and Ranch
- Generally Accepted Accounting Principles (GAAP)
- Par Value
- Comprehensive General Liability (CGL)
- Unauthorized Reinsurance
- Benefits (Medical & Hospital Expenses)
- Employee Retirement Income Security Act of 1974 (ERISA)
- Dwelling Property/Personal Liability
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