Sudden and unpredictable event, causing material and/or physical damage on individuals, property or the environment.

back to top page

Class of insurance designed to guarantee the injuries suffered by the insured in the event of an accident (see this word).

back to top page

Administrative and/or medical term designating a specific intervention by a physician on a patient for advisory or surgical reasons.

back to top page

Actual costs are the expenses actually incurred by the Insured.

back to top page

Act of a laboratory (or a hospital) following a medical prescription.

back to top page

There are 2 types of assessments :

Before a claim : it aims to estimate the value of the property to insure (buildings, industrial equipment or valuables).

After a claim : it aims to estimate the amount of damage after a claim and possibly determine its cause.

back to top page

Financial or material assistance to the beneficiary of the contract when the situation of the beneficiary requires it.

back to top page

Person or entity designated by the underwriter of the insurance contract.

back to top page

Its the term given to the system by which the policyholders are granted reductions or increases depending on the occurrence (or not) of claims. Its a central element in the rating of your vehicle to the extent that the application of this factor may decrease, by up to half, your premium. This is a note which is personal to you and reflects your personal history as a driver.

back to top page

All types of insurance covering physical damage suffered by the insured: insurance against accidents (death and injuries) and disease and life insurance.

back to top page

A claim is an event leading to the guarantee of the insurance contract. A claim may be theft, damage, an accident or fire (non-exhaustive list). For a claim to be taken into account by the insurance, it must generally be declared in a certain number of days from the date at which the insured had knowledge of it (under the terms of the law or contract).

back to top page

Any person referred to in the schedule of a contract, beneficiary of the benefits under the insurance contract.

back to top page

A contract with periodic premiums is a contract defined by instalments (set contractually at the time of the underwriting). When underwriting, the final capital is known (except specific profit sharing like profit participation).

back to top page

A cure means a treatment in a spa. The refund of the cure will take place only if the patient received the prior agreement of the statutory bodies.

back to top page

Lump sum paid by the insurer to the insured per days of absence from work.

back to top page

Material damage or injury which allows the victim to get compensation from his insurance company.

back to top page

Insurance that compensates the claimant, by payment of the capital, if the insured dies before the term of the contract.

back to top page

Loss of rights or a penalty depriving the insured to benefit from the guarantees, in the event of his failure to comply with the contractual obligations.

back to top page

State of a person who, because of an accident or illness, is unable to perform his usual duties.

If the disability is temporary, its called temporary disability, which may be partial or total.

If this disability is permanent, its called invalidity, which may also be partial or total; in the latter case, its called absolute and permanent invalidity.

back to top page

An effective date is the date (and time) at which an insurance contract or an endorsement to the insurance contract takes effect.

back to top page

A document recording any changes to an original contract.

back to top page

An extra bed is defined by the hosting of a relative in the hospitalized patients room. The cost of the extra bed is paid by the relative or paid, if needed, by the health insurance.

back to top page

Payments received by the physician or practitioner from the patient following a consultation (at home or at the doctors office).

back to top page

A case of force majeure is a sudden event, unforeseeable and resistless.

back to top page

The general agent is the agent of an insurance company. He commits the insurance company he works for. The conditions of exercise of the general agent are subject to a professional and legal capacity.

back to top page

A guarantee means the insurer has committed himself to cover a claim following the terms of the insurance contract.

back to top page

Defines the payment of medical expenses, either to complement the compulsory Social Security services or entirely.

back to top page

Admission to a hospital for a minimum of a day when the state of the Insured warrants such an action.

back to top page

Injury means physical damage caused to a person.

back to top page

The broker is the insureds agent whose mission is to place risks, for the insured, in the insurance market at the best economic and guarantee conditions.

back to top page

n insurance compensation is the amount paid after a claim by an insurance company. The amount of compensation is determined in accordance with the terms of the insurance contract.

back to top page

Insurance contract.

back to top page

Means the amount due by the underwriter to the Insurer in return for the guarantee of a risk. The premium may be paid in instalments over the year depending on the conditions provided by the insurers.

back to top page

Designates one (or more) person covered by an insurance contract.

back to top page

A state in which physical or mental faculties are diminished but stabilized. This disability may be partial or total. The degree of disability is determined by a medical expert.

back to top page

Insurance policies aiming to build savings in order to pay them back either by periodical payments or by capital..

back to top page

The market value of a vehicle is the value at which it is likely to be sold (at a given date on the second hand market). This market value is determined by an expert following different criteria : the vehicle itself (characteristics, age, condition, etc and also on its market price.

The market value is actually the replacement value on the market, depreciation deduced.

back to top page

Material damage is damage caused to movable or immovable objects.

back to top page

A person or entity who joins a group insurance contract or a collective insurance contract with an optional membership to benefit from the guarantees granted by the contract.

back to top page

Document that embodies the membership of an insured to an insurance contract.

back to top page

Act by which a person joins a group insurance contract or a collective insurance contract with an optional membership, to benefit from the guarantees granted by the contract.

back to top page

Movable assets represent the total value of the personal property composing all the property contained in the place of residence.

back to top page

Contract involving several guarantees.

back to top page

Is financial damage resulting from the termination of a private right or the termination of a service rendered.

back to top page

A document that informs the insured of the renewal of his coverage and of the new premium to pay.

back to top page

All information requested by the Insurer and provided by the insured, enabling the Insurer to assess the terms under which they will have to issue the guarantees.

back to top page

A nursing home is a place for which the aim is the rest and/or the recovery of an individual. The cost of a nursing home stay is determined daily. The payment of the fees is similar to that of a hospitalization; the hospital fees and other costs are covered by the insured and can be covered, if needed, by the health insurance.

back to top page

Quantified assessment of the wear, deterioration or poor maintenance or property insured.

back to top page

A prescription designates the end of a right by the passage of time. If the prescription applies, then no objection or right can be exercised.

back to top page

The purchase value is determined by the total amount (basic price + accessories + design + related expenses) that was to be paid when the vehicle was bought.

back to top page

A risk denotes an event that happens randomly. Its this uncertainty that builds the basis of insurance.

back to top page

Medical screening (medical questionnaire, medical examination) to which the insured must submit himself, to enable the insurer to determine at which terms of guarantee and fees, he will accept to insure him at.

back to top page

A single premium contract is a contract defined by a single payment at the time of the underwriting. When underwriting, the final capital is known (except specific profit sharing like profit participation).

back to top page

OSpecialised institutions include other institutions than hospitals and clinics that receive patients under medical treatment or therapy.

Example: sanatorium, nursing home and convalescent, rehabilitation centers and so on.

back to top page

Subrogation is defined by the use of an organization or company that replaces its insured to put in a recourse against the person liable for an accident.

back to top page

A tacit agreement means the fact that the insurance contract is automatically extended at its end, if neither the insured nor the insurer terminates it.

back to top page

Termination of the insurance contract may occur either at the request of the insured or the insurer, or automatically (automatic termination) in special cases.

- The termination meets the rules well defined in terms of form, shape or delays. In general, the termination must be notified by registered letter with return receipt, addressed before the notice of termination (see this word).

back to top page

Third party (or third person) means any person who may be indemnified under the liability coverage; meaning any person or entity other than the one (or those) who has (have) the status of insured in the terms of the insurance contract.

back to top page

An ultrasound scan is a medical examination used to explore internal organs by the reflection of ultrasounds on them.

back to top page

Person or entity who accepts the insurance contract..

back to top page

Vandalism is defined as the voluntary nature of the act of damage and deterioration.

back to top page

Accident that occurs at work or on the way to and from work.

back to top page

Insurance period corresponding to one year of insurance between the anniversary date of the contract and the following one at the same time.

back to top page