Milking a snake for the production of antivenom. Antivenom (or antivenin or antivenene) is a biological product used in the treatment of venomous bites or stings. Antivenom is created by milking venom from a relevant snake, spider, insect, or fish.
fleet insurance in Insurance (flit ÉªnÊÊÉrÉns) noun. ( Insurance : Commercial insurance ) Fleet insurance is a type of insurance contract that applies to a number of vehicles. A commercial fleet insurance company has warned that statistics show that those who use cellphones when driving are four times more likely to be involved in a collision.
Aggregate Stop-Loss Insurance. DEFINITION of 'Aggregate Stop-Loss Insurance'. A policy designed to limit claim coverage (losses) to a specific amount. This type of coverage is to ensure that catastrophic claims (specific stop-loss) or numerous claims (aggregate stop-loss), do not upset the financial reserves of a self-funded plan. Aggregate stop-loss protects the employer against higher-than-expected claims.