Insurance has a language all its own. Many of us simply smile and nod when we don’t understand a term. Some are ambitious enough to try and remember the terms they didn’t know and look them up later. A few brave souls will actually ask what an unfamiliar term means. We intend to begin to de-mystify the insurance language in this session. This session is part of our New to Insurance Series and will introduce you to several terms and concepts that you need to be familiar with when you're dealing with insurance and property insurance in particular.

At the end of this session, you should be able to:

• Define several essential insurance terms related to property insurance.
• Identify several essential insurance concepts related to property.