Reference guide
Insurance Glossary
Plain-language definitions of common insurance terms across policies, coverage, and claims. Check your policy or plan documents for the terms that apply to you.
Find an insurance term
Showing 18 of 18 matching terms
Terms beginning with T
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Tail coverage
Business insurance - An extended reporting period that may allow claims to be reported after a claims-made policy ends for eligible earlier incidents.
- Also called: extended reporting period
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Telehealth
Health insurance - Health care delivered remotely through communication technology when offered and covered under a plan’s rules.
- Also called: telemedicine
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Telehealth service
Health insurance - Health care delivered remotely through audio, video, or other telecommunications technology when covered by a plan.
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Telematics
Auto insurance - Technology that may collect driving information for an insurer’s usage-based insurance program.
- Also called: vehicle telematics
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Tenant improvements and betterments
Business insurance - Alterations a tenant makes to rented space that may be covered as business property under specified policy terms.
- Also called: leasehold improvements
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Tenant legal liability
Home insurance - Coverage that may pay for covered damage a tenant is legally responsible for causing to rented property.
- Also called: tenant liability
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Term conversion period
Life insurance - The limited period during which a convertible term policyholder may convert coverage to an eligible permanent life policy.
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Terminal illness rider
Life insurance - A rider allowing early access to part of a death benefit when the insured is diagnosed with a qualifying terminal illness.
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Term life insurance
Life insurance - Life insurance that provides coverage for a stated period if required premiums are paid.
- Also called: term insurance
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Theft coverage
Home insurance - Coverage for qualifying loss of insured property caused by theft, subject to policy exclusions, limits, and proof requirements.
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Third-party administrator
Business insurance - An outside organization that performs administrative services, such as claims processing or plan administration, for another entity.
- Also called: TPA
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Third-party claim
Claims - A claim made against another person’s or organization’s insurance policy.
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Total loss
Auto insurance - A vehicle loss an insurer determines meets its criteria for being paid as a total loss rather than repaired.
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Towing and labor coverage
Auto insurance - Optional auto coverage that may reimburse eligible towing and roadside labor expenses up to a stated limit.
- Also called: roadside reimbursement
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Trade credit insurance
Business insurance - Coverage that may protect a business against qualifying customer nonpayment of accounts receivable.
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Transfer for value rule
Life insurance - A federal tax rule that can make life insurance death proceeds taxable when a policy is transferred for valuable consideration.
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Transit coverage
Business insurance - Coverage for eligible property while it is being transported, often provided through inland marine insurance.
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Transportation network company
Auto insurance - A company that connects passengers with drivers through a digital platform, commonly associated with rideshare services.
- Also called: TNC