Rick Debe Insurance Agency - DBI Insurance Services
(262) 363-8650
Office Hours: M - Th 8:30 - 5:30 Friday 8:30 - 3:00

We've listed all the relevant insurance terminology we could think of...and then some!  If you don't find what you're looking for, just send us an email with your question and we'll get right back to you with the answer!


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Named Peril or Specified Peril

This is a peril indicated or identified in the contract as a cause of loss for which insurance is being provided. Under such contracts if a peril is not named or specified it is not covered.

National Committee for Quality Assurance  

NCQA is a non-profit organization that evaluates and accredits managed care plans. It is also responsible for implementing the Health Employer Data and Information Set (HEDIS) data reporting system that provides standardized performance measures for managed care plans.

National Flood Insurance Program

Federal government-sponsored program under which flood insurance is sold to homeowners and businesses. 


A group of doctors, nurses and hospitals that work for a managed care plan to provide health care services to its members. To get the most benefits for the lowest cost to you, you generally have to use the plan's network.


Auto insurance coverage that pays for each driver's own injuries, regardless of who caused the accident. It also refers to an auto liability insurance system that restricts lawsuits to serious cases, as well as it is designed to promote faster reimbursement and to reduce litigation. No-fault varies from state to state and is not applicable in some states, including Texas.

No-Fault Medical

A type of accident coverage in homeowners policies.

No-Pay, No-Play

The idea that people who don't buy coverage should not receive benefits and to try to prohibit the uninsured from collecting damages from insured damages.

Notice of Loss

A written notice required by insurance companies immediately after an accident or other loss. Part of the standard provisions defining a policyholder's responsibilities after a loss.

Non-participating Physician 

A doctor or supplier who does not accept assignment on all Medicare claims. A doctor or supplier who does not have a network agreement with a managed care plan.

Nuclear Insurance

Covers operators of nuclear reactors and other facilities for liability and property damage in the case of a nuclear accident and involves both private insurers and the federal government.

Nursing Home Insurance

A form of long-term care policy that covers a policyholder's stay in a nursing facility.

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