Embezzlement - Fraudulent use or taking of another's property or money which has been entrusted to one's care.
Employers liability insurance - A feature of standard workers compensation policies, this coverage applies to liability that may be imposed on an employer outside the provisions of a workers compensation law.
Exclusions - Specific conditions or circumstances for which the policy will not provide benefits.
Earned Premium - The part of the total insurance policy premium which applies to the portion of the policy period which has already expired.
Economic Loss - The estimated total cost, both insured and uninsured, of accidents (such as motor vehicle accidents, and fires); includes such factors as property damage, funeral expenses, wage loss, insurance administration costs, and medical, hospital and legal costs.
Effective Date - The date on which the insurance under a policy begins.
Elimination Period - A period of time between the period of disability and the start of disability income insurance benefits, during which no benefits are payable. (See Waiting Period.)
Endorsement - An amendment of the policy usually by means of issuance of an additional document.