Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,244,589 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Insured Asset

    0.01 sec.
Insured Asset
An asset with an insurance policy of any kind. That is, an insured asset is one for which an insurance company must compensate the owner if the asset is damaged or destroyed. Most companies have insurance policies on their assets, or at least their tangible assets, to transfer the risk associated with owning them. Likewise, most individuals have insurance policies on their major assets, such as their houses and cars.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
A franchise deductible insurance policy resembles a binary (or a cash-or-nothing) European option (when the insured asset is the underlying asset) with a striking price w, and the pre-specified (non-zero) payoff equals the insured-asset value v.
Furthermore, these "smart" systems will automatically monitor insured assets to create a more accurate picture of the real risk.
Under the APS, Lloyds would be responsible for a first loss of up to pounds 25bn on the insured assets as well as 10% of further writedowns.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.