Act

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Act

1. See: Activity.

2. In insurance, any deed, especially one that foregoes the possibility of coverage. For example, life insurance policies rarely extend coverage if the policyholder commits suicide. In this case, the suicide is called an act.

ACT

see ADVANCE CORPORATION TAX.
References in periodicals archive ?
But the new law--the Terrorism Risk Insurance Extension Act of 2005 (the "Extension Act")--requires insurers to bear greater losses before federal assistance kicks in.
Republican Senate candidate Tim Michels, a former airborne ranger and well-heeled construction mogul, grabbed the PATRIOT Act issue with both hands.
At issue are a series of provisions in the 2001 law that many lawmakers in Congress point to as one of the primary reasons why they were willing to vote for the Patriot Act.
TRIA excludes from coverage acts committed in the course of a declared war and sets a deductible for individual companies of 10% and 15% of direct earned premiums in 2004 and 2005, respectively.
In today's church there is an abundance of Bible study material using Acts to help people think about evangelism and mission.
leaders' attacks on American civil liberties, particularly the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act).
a) actual or potential attack or other grave hostile acts of a foreign power or an agent of a foreign power;
The time for filing comments has expired, and the Board has considered the proposal and all comments received in light of the factors set forth in sections 3 and 4 of the BHC Act.
Take some time to identify the potential threats arising from terrorist acts at or near your camp.
The act amends the Internal Revenue Code with respect to hurricane-related tax relief.
Inside the RNC: On September 1 eleven demonstrators, mostly from ACT UP New York and ACT UP Philadelphia, disrupted the Republican youth convention on the floor of Madison Square Garden, despite the tightest security at a political convention in U.