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Glossary of Terms


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From The Glossary »


Accident Department:

One of the traditional operating departments into which short term insurance companies often organise themselves, the others being the fire / property, marine, engineering and motor departments. As well as handling accident insurance business, the accident department of some insurance companies also handle insurance of a general or liability nature such as burglary, fidelity guarantee, all risks, cash in transit, windstorm, rain and crop insurance ...
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