Index-Based Insurance,

What is Index-Based Insurance?

1. Insurance coverage in which the risk company (insurer) agrees to pay a lump sum to the insured (insurer) in the event of a special event, such as an earthquake or storm of a certain magnitude. Events or parameters are often indicated by official, well-established indicators such as the Richter scale for the magnitude of an earthquake or the Sapphire Simpson scale for a hurricane. For this reason, index-based insurance is also known as parametric insurance. Parameters can be determined by other objective factors, such as the degree of physical damage, and are usually limited to a specific time period and geographical area. Parties may develop risk parameters based on wind speed, storm, rain (or lack thereof) and other natural and man-made factors alone or in combination.

Literal Meanings of Index-Based Insurance

Index:

Meanings of Index:

1. Values ​​(prices, salaries, or other payments) are automatically linked to the prices of the price index.

2. (Machine or part of a machine) for rotating or walking or moving from a default position to another. To continue the operation.

3. Alphabetical lists of names, articles, etc. usually refer to where they occur at the end of the book.

4. An indication, mark or measure of something.

5. Extender or other subscripts or superscripts were added to the set.

6. Identifier of the device indicates its size, position on the scale, etc.

Sentences of Index

1. List these lists under regional headings

2. Legislation linking wages to prices

3. Change PIN and Index to take separate positions adjacent

4. Clear cross references equipped with wide index

5. Test scores can be used as an indicator of teacher effectiveness.

6. There is evidence in the article that for any closed fold, the sum of the general vector field indexes is the topological agent, that is, the characteristic of the eller.

Synonyms of Index

mark, suggestion, needle, intimation, implication, signal, finger, pointer, guide, hint, lead, indication, hand, marker, symptom, sign, token, evidence, clue, indicator

Based:

Meanings of Based:

1. Use as a base or starting point (especially something) for something.

2. Keep it in a special place like an operation center.

3. The lower part or edge of an object, especially the part where it rests or walks.

4. The ideological framework or entity on which something is affected or on which something depends.

5. A place used by the armed forces or others as a center of operations.

6. An important or important element or component in which other things were added.

7. A substance capable of reacting with lansic acid to form salts and water or to accept or neutralize (more widely) hydrogen ions.

8. The center of the bipolar transistor that separates the emission from the collector.

9. The root of the word or its derivative.

10. Numbers used as the basis of a numerical scale.

11. Each of the four stations must arrive one after the other to score points.

12. No bad manners.

13. The title or title of someone from the lower class.

Sentences of Based

1. The film is based on a novel by Pat Conroy

2. The Science Policy Review Unit is based at the University of Sussex

3. He is sitting at the foot of a tree

4. The city's economic base collapsed

5. Back to base

6. Soap based on vegetable oil

7. Nitric acid reacts with nitrate to form a base of salt and water.

8. The transistor consists of three parts: the base, the collector and the emitter.

9. Children should use the word of the basic suffix spoken by the experimenter.

Synonyms of Based

substructure, camp, build, bottom, vehicle, carrier, stand, bad, low, foot, wicked, mean, establish, foundation, locate, ground, settlement, rest, station, starting point, site

Insurance:

Meanings of Insurance:

1. The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.

2. Anything that provides protection against possible emergencies.

Sentences of Insurance

1. Meeting a high standard of personal conduct is the best protection against personal problems.

Synonyms of Insurance

defence, security, provision, preventive measure, indemnification, cover, indemnity, safeguard, precaution, safety measure, shelter, immunity, protection, financial protection, surety

Index-Based Insurance,

Definition of Index-Based Insurance:

Insurance coverage in which a fully inclusive person (insurer) agrees to pay a lump sum to the policyholder (policyholder) in the event of a special event, such as an earthquake or a hurricane of a certain magnitude. Events or parameters are often indicated by official indicators for such events, such as the Richter scale for earthquake magnitude or the Saffir-Simpson scale for hurricanes. For this reason, index-based insurance is also called parametric insurance. Parameters can be determined by other objective factors, such as the degree of physical damage, and they are usually limited to a specific period and geographical area. The parties may also develop hazard parameters individually or in combination based on wind, storm, rain (or lack thereof) and other natural and man-made factors.

Literal Meanings of Index-Based Insurance

Index:

Meanings of Index:

1. Alphabetical list of names, articles, etc. (in a book or series of books), with reference to the page on which they are mentioned.

2. Exponent or other superscripts or subscripts are included in the set.

3. Point to a tool that indicates intensity, scale position, etc.

4. Save (name, subject, etc.) in the index.

5. Automatically associates a price (price, salary, or other payment) with the value of the price index.

6. (Machine or machine part) Moves from one default position to another to perform a series of operations.

Sentences of Index

1. Reverse and index pin to occupy adjacent ■■■■■ positions

Based:

Meanings of Based:

1. Search at a specific location, such as Operation Center.

Synonyms of Based

situate, deploy, garrison, install, post, have its origin in, originate in, place, emanate from, construct, use as a basis, form, hinge, can be traced back to, stem from, spring from, root, derive from, position

Insurance:

Meanings of Insurance:

1. An agreement in which the corporation or state guarantees compensation for certain damages, injuries, illnesses or deaths in exchange for certain premiums.

2. Something that protects against possible accidents.

Sentences of Insurance

1. Jacket hanging from the back of the seat, protected from air conditioning

Synonyms of Insurance

guarantee, backstop, assurance, (financial) protection, warranty