inflation guard

inflation guard

An insurance policy endorsement that automatically increases coverage over time in order to keep up with the effects of inflation.

References in periodicals archive ?
They are known as the experts in the collector car and collectibles insurance industry and offer broad coverage, agreed value, inflation guard protection and unmatched customer service.
Inflation Guard - automatically adjusts the coverage limits to reflect changes in construction costs.
Advisers affiliated with LTC Tree are using sophisticated tools and proprietary Excel formulas to help clients determine the right balance of coverage, inflation guard, and premium.
Inflation Guard also provides the ability to help protect clients' purchasing power from the impact of inflation.
The Fidelity and Deposit Companies has announced the availability of the new Inflation Guard Endorsement, an enhancement to its ERISA Compliance Policy.
ERISA bond coverage with an automatic inflation guard protection to meet pension plan requirements
American Collectors has earned the reputation for in depth knowledge of collector cars and other collectibles, offering broad coverage, agreed value, inflation guard protection and unmatched personal service.
More comprehensive optional coverages include: increased hard costs, inflation guard, equipment breakdown, hot testing, and machinery tools and equipment.
We are pleased to bring Inflation Guard to the marketplace.
Maxcor noted that it is still discussing with Kemper the applicability of an inflation guard provision that may have had the effect of increasing the coverage limit under this policy by approximately $700,000, and whether any amounts beyond the $13.
The program offers "inflation guard" coverage at no additional cost to automatically increase a vehicle's value by 2 percent per quarter, to a maximum of 8 percent per year (agreed value and inflation guard not available in MA, TX and VA).
However, inflation pressures also firmed, suggesting that the RBI has to keep up its inflation guards, Leif Eskesen, Chief Economist for India & ASEAN at HSBC said.