| B/E |
Bill of Entry |
EEI |
Electronic Equipment Insurance |
| B/L |
Bill of Lading |
PBL / PSL |
Per Bottom Limit / Per Sending Limit |
| BMA |
Building, Machinery & Accessories |
AOA |
Any One Accident |
| C&F |
Cost & Freight |
AOY |
Any One Year |
| C/N |
Consignment Note |
FP |
Fire Pool |
| CAR |
Contractor’s All Risks |
GIC |
General Insurance Corporation / General
Insurance Council |
| CC |
Cubic Capacity |
FC |
Fitness Certificate |
| CED |
Claims Experience Discount |
ITC |
Institute Trade Clause |
| CIF |
Cost Insurance Fright |
OMP |
Overseas Medical Policy |
| CRO |
Chief Risk Officer |
TPPD |
Third Party Property Damage |
| CTL |
Constructive Total Loss |
RTA |
Regional Transport Authority |
| DL |
Driving License |
CV |
Commercial Vehicles |
| EAR |
Erection All Risks |
CI |
Critical Illness |
| EQ |
Earthquake |
PTD |
Permanent Total Disability |
| ESI |
Employees’ State Insurance |
PPD |
Permanent Partial Disability |
| FEA |
Fire Extinguishing Appliance |
TTD |
Temporary Total Disability |
| FIR |
First Information Report |
LOP |
Loss of Profits |
| FOB |
Free on Board |
AOG |
Acts of God |
| GVW |
Gross Vehicle Weight |
WC |
Workmen’s Compensation |
| IAR |
Industrial All – Risks |
PLI |
Public Liability Insurance |
| ICC |
Institute Cargo Clauses |
SCE |
Storage cum Erection |
| IDV / IEV |
Insured Declared Value / Insured
Estimated
Value |
DSU |
Delay in Start Up |
| LPA |
Loss Prevention Association |
ALOP |
Advance Loss of Profits |
| LR |
Lorry Receipt |
TPL |
Third Partly Liability |
| MB |
Machinery Breakdown |
CPM |
Contractors Plant & Machinery |
| MCE |
Marine cum Erection |
ACD |
Additional Customs Duty |
| ME |
Medical Expenses |
RoD |
Removal of Debris |
| MIT |
Money in Transit |
DOS |
Deterioration of Stocks |
| NCD |
No Claim Discount |
FOES |
Failure of Electric Supply |
| OD |
Own Damage |
DOC |
Date of Commencement |
| P&M |
Plant & Machinery |
DB |
Death Benefit |
| PA |
Personal Accident |
DGH |
Declaration of Good Health |
| R&S |
Riot & Strike |
AB |
Accidental Benefit |
| RC |
Registration Certificate |
ADB |
Accidental Death Benefit |
| RIV |
Reinstatement Value |
FAB |
Final Additional Bonus |
| RR |
Railway Receipt |
DAB |
Double Accident Benefit |
SI / SA /
CSI |
Sum Insured / Sum Assured / Capital
Sum
Insured |
FMR |
Full Medical Report |
| SR |
Survey Report |
LBD |
Last Birth Date |
| SRCC |
Strike, Riot & Civil Commotion |
NBD |
Near Birth Date |
| STFI |
Storm, Tempest, Flood and Inundation |
MDRT |
Million Dollar Round Table |
| TAC |
Tariff Advisory Committee |
TOT |
|
| TP |
Third Party / Terrorism Pool |
COT |
|
| TPA |
Third Party Administrator |
NCO |
Notional Cash Option |
| TPND |
Theft, Pilferage, Non Delivery |
PFQ |
Personal Financial Questionnaire |
| VD |
Voluntary Deductible |
PWB /
WOP |
Premium Waiver Benefit / Waiver of
Premium |
| WC |
Workman’s Compensation |
DSA |
Double Sum Assured |
| GPA |
Group Personal Accident |
VA |
Vesting Age |
| GMC |
Group Medical Cover |
ULIP |
Unit Linked Insurance Policy / Plan |
| PML |
Probable Maximum Loss |
DP |
Deferred Period |
| NCB |
No Claim Bonus |
SB |
Survival Benefit |
| LL |
Legal Liability |
TB |
Terminal Benefit |
| SFSP |
Standard Fire and Special Perils |
LA |
Loyalty Additions |
| RI |
Re Insurance |
CBP |
Complete Blood Picture |
| MD |
Material Damage |
ECG |
Electro Cardio Gram |
| CL |
Consequential Loss |
BP |
Blood Pressure |
| IRDA |
Insurance Regulatory and Development
Authority |
RUI |
Routine Urine Test |
| AIFT |
All India Fire Tariff |
MB |
Maturity Benefit |
| IMT |
India Motor Tariff |
NAV |
Net Asset Value |
| CL |
Consequential Loss |
BI |
Business Interruption / Bodily Injury |
| DL |
Driving License |
PD |
Property Damage |
