Debris removal - A consequential coverage commonly included in direct loss policies. For example, fire policies provide limited recovery for the insured's cost of removing the debris after a covered fire. Not to be confused with removal.
Dangerous or hazardous goods - These are the goods, which are listed in Environmental Protection Act, 1986.
Depreciation - A decrease in the value of property over a period of time due to wear and tear or obsolescence. Depreciation is used to determine the actual cash value of property at time of loss.
Deductible - An amount, which a policyholder agrees to bear, per claim or per accident, toward the total amount of an insured loss.
Direct Loss - Financial loss that results directly from an insured risk covered.
Directors' and Officers' Liability - The exposure of corporate managers to claims from shareholders, government agencies, and employees, and others alleging mismanagement.
Disability - A physical impairment that substantially limits major life activities of an individual. It may be partial or total.
Disability Income Insurance - A form of health insurance that provides periodic payments to replace income when an insured person is unable to work as a result of illness, injury, or disease.
Disappearing Deductible - Deductible in an insurance contract that provides for a decreasing deductible amount as the size of the loss increases, so that small claims are not paid but large losses are paid in full.
Dismemberment - Loss of body members (limbs), or use thereof.
Dismemberment Insurance - A form of health insurance that provides payment in case of loss by bodily injury of one or more body members (such as hands or feet) or the sight of one or both eyes.