The A-Z Motor Insurance Guide.

When looking into buying motor insurance it can be a bit daunting when you come across all the terminology involved. So we have compiled a guide to insurance terminology.

Click on the relevant letter that the term or word begins with and find out what it means.

A

Act of God

This is an event, that could not be anticipated and which is not the fault of any individual and because of this Acts of God are usually uninsurable..

Actuary

This is a qualified professional who applies principles to help to solve financial issues. They usually work in the fields of life insurance, pensions and investments.

Additional Voluntary Contributions

These are, as they sound, voluntary payments or contributions that can sometimes allow people to "top up" their pension schemes and hopefully increase their final retirement income.

All Risks

This term is usually applicable in insurance policies, referring to items that are insured outside of the motor that itself may be covered by the policy. It will cover any loss or damage to the specified items except for those excluded from the policy, which should be checked in your policy document when it is received.