Comparison glossary

Fields worth comparing before asking for advice.

The amount charged for the policy or coverage period, subject to the policy terms.

An amount the insured may be responsible for under the policy before/when coverage responds, depending on the wording.

A stated cap can apply to a coverage generally or to a particular category. Read the actual wording.

Policy wording can exclude certain losses, circumstances or property. A comparison tool cannot determine how wording applies to your facts.

An endorsement can modify the base policy. Compare the actual endorsement wording rather than the label alone.

A useful operational deadline for reviewing changes and asking a licensed professional questions before the next term.