Insurance and risk management terminology · MLC-0106
Insurance and risk management terms: J (25)
- JettisonThe voluntary throwing overboard of cargo, equipment, or parts of a ship or aircraft to lighten the load or...
- Jewelers block insuranceA specialized property insurance policy designed for businesses in the jewelry industry, covering loss or...
- Job safety analysis JSAA systematic process used to identify potential hazards of specific tasks and to determine the safest work...
- Joint and several liabilityA legal doctrine where two or more parties are each responsible for the entire amount of a judgment, even if...
- Joint and survivorship annuityAn annuity contract that provides regular income payments to two individuals, continuing as long as either...
- Joint annuityAn annuity contract that makes payments to two or more individuals, with payments ceasing entirely upon the...
- Joint Commission on Accreditation of Healthcare Organizations JCAHOAn independent, not-for-profit organization that accredits and certifies healthcare organizations and...
- Joint defenseA legal strategy where multiple defendants in a lawsuit agree to cooperate in their defense against a common...
- Joint insuranceA single insurance policy that covers two or more individuals or entities under one contract. This...
- Joint life and survivor, or second to die, life insuranceA type of life insurance policy that covers two individuals but pays out the death benefit only upon the...
- Joint mortgage protection insuranceA form of life insurance designed to cover the outstanding balance of a mortgage for two or more borrowers...
- Joint operating agreement JOAA contractual agreement between two or more parties that outlines their rights and obligations in the...
- Joint underwriting association JUAA mechanism established by state law to provide insurance coverage for risks that are difficult to insure in...
- Joint venture JVA business entity created by two or more parties to undertake a specific project or business activity...
- Joisted masonry constructionA type of building construction where the exterior walls are made of masonry (brick, stone, concrete block)...
- Jones ActA federal law, formally known as the Merchant Marine Act of 1920, that regulates maritime commerce in the...
- Judgment ratesInsurance rates that are individually determined by an underwriter based on their assessment of the unique...
- Judgmental immunityA defense in legal malpractice claims under which a lawyer is not liable for an error of judgment on an...
- Jumbo riskA risk exposure that is exceptionally large in terms of its potential financial loss, exceeding the capacity...
- Jump processA stochastic process characterized by sudden, discontinuous changes or 'jumps' in its value, rather than...
- Jumping juvenile insuranceA type of whole life insurance policy purchased for a child that automatically increases its death benefit at...
- Jumpstart Our Business Startups Act JOBSA federal law enacted in 2012 in the United States designed to encourage funding of small businesses by...
- JurisdictionThe authority of a court or other governmental body to hear and decide a case or to exercise power over a...
- Jury waiver provisionA clause in a contract where parties agree to forgo their right to a jury trial in the event of a dispute...
- Juvenile life insuranceA life insurance policy purchased on the life of a minor, with a parent or guardian as the policy owner. This...
25 of 3,708 terms in Insurance and risk management terminology (MLC-0106). Request the full dataset.