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Insurance Terms

Acronyms - V

V

• VGLI - Veterans Group Life Insurance
• V&MM (or VMM) - vandalism and malicious mischief
• VP - valuable papers and records coverage
• VSI - vendors single interest insurance
• VUL - Variable Universal Life

Acronyms - W

W

• WA - with average
• WA 3% - with average 3 percent
• WC - workers' compensation
• WP - Waiver of Premium
• WPA - with particular average

Acronyms - XYZ

XYZ

• XCU - explosion, collapse, and underground exclusion
• XS - excess policy
• YRCT - Yearly Renewable Convertible Term
• YRT - Yearly Renewable Term
• Z Table - (mortality table)

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