Insurance and risk management terminology · MLC-0106

Insurance and risk management terms: Q (14)

• Qualified planAn employee benefit plan, such as a 401(k) or pension plan, that meets specific requirements under the...
• Qualified self-insurerAn employer that has been approved by a state's workers' compensation authority to directly pay for its own...
• Qualifying eventA specific occurrence that triggers a group health plan participant's right to elect temporary continuation...
• Qualitative claim auditingAn assessment of the non-numerical aspects of insurance claims processing, focusing on the quality of...
• Quality indicator profile (QIP)A set of metrics and data points used to evaluate the performance and quality of healthcare providers...
• Quantitative claim auditingAn analytical review of the numerical data associated with insurance claims to assess their financial...
• Quantity discountA reduction in the premium rate offered by an insurer when a policyholder purchases a larger volume of...
• Quantum meruitA legal principle meaning "as much as deserved," which allows a party to recover the reasonable value of...
• Quasi contractA legal obligation imposed by a court to prevent unjust enrichment, even though no formal agreement or...
• Quick assetsThe current assets of a company that are convertible into cash with minimal delay, generally within 90 days...
• Quid pro quoAn exchange of goods or services, where one transfer is contingent upon another. In insurance, this concept...
• Quid pro quo sexual harassmentA form of sexual harassment where employment benefits, such as promotions, raises, or continued employment...
• Quota share reinsuranceA type of proportional reinsurance where the reinsurer accepts a fixed percentage of every risk underwritten...
• QuoteA formal statement from an insurer or agent detailing the estimated cost of an insurance policy based on the...

14 of 3,708 terms in Insurance and risk management terminology (MLC-0106). Request the full dataset.