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There are many different types of Car insurance policies and levels of cover, here is a brief description of insurance definitions typically used within the insurance industries.

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Earned Premium
The portion of an insurance premium for which protection has already been provided by the insurer.

Effective Date
The date on which insurance under a policy will begin.

Eligibility Date
The date at which an individual becomes eligible for benefits.

Eligibility Period
A specified period of time during which potential members of a group insurance scheme may join without evidence of insurability.

Eligibility Requirements
Requirements imposed for eligibility for coverage, usually in a group insurance or pension plan.

Eligible Employees
Employees who meet the eligibility requirements for insurance set out in a group policy.

Employee Benefits
Benefits offered to an employee by an employer and usually paid for at least in part by the employer. Life, Health and Critical Illness insurance obtained by an employer on a group basis are examples of employee benefits.

Employee Declaration
A medical questionnaire issued to member of a group insurance scheme when the members benefit level requires the member to provide evidence of good health. This is usually the first stage of the Medical Underwriting process.

Endorsement
An amendment of an insurance policy that alters the provisions of the contract.

Endowment
A life assurance policy related to a mortgage designed to pay off t