Page 8 - Insurance Glossary 100 Terms - Sashi Publications
P. 8
ERM (Enterprise Risk Management): A
holistic approach to managing all risks across
an organization.
Endorsement: A document to make changes
or additions to the existing insurance policy.
Endowment Plan: A life insurance policy
that pays a lump sum after a specific term or
on death.
Exclusion: Conditions or situations not
covered by the insurance policy.
