Insurance   A layperson's glossary of insurance terminology.

#ABCDEFGHIJKLMNOPQRSTUVWXYZ

what is...
ADDITIONAL LIVING EXPENSES
Extra charges covered by homeowners policies over and above the policyholder's customary living expenses. They kick in when the insured requires temporary shelter due to damage by a covered peril that makes the home temporarily uninhabitable.
ALSO SEE: HOMEOWNERS INSURANCE POLICY

    Courtesy of the Insurance Glossary
    Copyright © 2006 by 20/20 Technologies