Ait 132 Chapter 6

Front 1

electronic commerce

Back 1

buying and selling of goods via an electronic medium, a very broad definition that encompasses both the sale of goods through telemarketers and the sale of goods over the Internet.

Front 2

Computer network

Back 2

two or more computers which are connected to each other and can transmit information from computer to computer.

Front 3

Internet technologies

Back 3

File Transfer Protocol FTP
Gopher Servers
electronic mail email
World Wide Web www
Universal Resource Locators URL

Front 4

online request for quotation (RFQ)

Back 4

a questionnaire that the consumer must complete to obtain an instant quote for insurane.

Front 5

Application
(general means for achieving an enforceable insurance contract)

Back 5

act of a consumer offering to purchase insurance or accepting the insurer's offer to provide insurance.

Front 6

Offer and/or Acceptance
(general means for achieving an enforceable insurance contract)

Back 6

an insurer applying its underwriting standards and issuing the policy.

Front 7

Delivery and Consideration
(general means for achieving an enforceable insurance contract)

Back 7

premiums paid in exchange for the contract delivered by the insurer in which the insurer agrees to provide benefits at some future date (if certain conditions are met).

Front 8

Legal Purpose

Back 8

insurers cannot enter into insurance contracts for products or services that are unlawful.

Front 9

Legal Competency of the Parties

Back 9

basic rules as to legal competency generally apply in the context of the insurance contract.

Front 10

Two primary forms of electronic signature

Back 10

1) digital signatures (integrity and authenticity)
2) stylus signature (move pen across screen)

Front 11

NAIC
National Association of Insurance Commissioners

Back 11

serves as a communication link between insurance regulators, consumers and the industry.

Front 12

Producer Data Base PDB

Back 12

electronic access to producer licensing information (for those states who participate in it)

Front 13

National Council on Compensation Insurance Inc
NCCI

Back 13

currently provides carriers, producers, employers and regulators alike with worker's compensation related safety and educational materials.

Front 14

bandwith

Back 14

transmission capacity of the lines that carry the internet's electronic traffic.

Front 15

browser

Back 15

software program used to access or view material prepared for the WWW by pointing at information located on a Web server.

Front 16

client/server

Back 16

information from a computer on the internet, you are a client. computer that delivers the information is the server.

Front 17

Domain Name

Back 17

unique address identifying each site on the internet, usually of two or more segments separated by full stops.

Front 18

Firewall

Back 18

combination of hardware and software that protects a local area (LAN) or web server from internet hackers.

Front 19

FTP

Back 19

File Transfer Protocol basic internet function that enables files to be transferred between computers.

Front 20

GIF

Back 20

Graphics interchange Format is commonly used on the internet to provide graphics images in web pages.

Front 21

Gopher

Back 21

searching tool that was the primary tool for finding internet resources before the world wide web became popular

Front 22

host

Back 22

computer that "hosts" oustide computer users by providing files, services or sharing its resources.

Front 23

HTML

Back 23

Hypertext markup language basic language that is used to build hypertext documents on the world wide web.

Front 24

HTTP

Back 24

hypertext transfer protocol protocol rules computers use to transfer hypertext documents.

Front 25

ISP

Back 25

internet service provider company dedicated to providing businesses or home users access to the internet, usually for a fee.

Front 26

IP

Back 26

internet protocol rules that provide basic internet functions

Front 27

JPEG

Back 27

joint photographic experts group - optimized for compressing full color or gray scale photographic type, digital images. it doesn't work on drawn images

Front 28

modem

Back 28

electronic device that lets computers communicate electronically.

Front 29

SMTP

Back 29

simple mail transfer protocal basic programming language behind the internet's email functions.

Front 30

T3

Back 30

internet line that carries up to 45 million bis per second (45 Mbps)

Front 31

URL

Back 31

Uniform Resource Locator - work with your internet software applications to locate an internet site and when rendered into a domain name so that it can remember the location.

Front 32

leased line

Back 32

leased phone line that provides a full time dedicated direct connection to the internet.

Front 33

Listserv

Back 33

internet application that automatically serves mailing lists by sending electronic newsletters to a stored database of internet user addresses.

Front 34

search engines

Back 34

means for findign information within the internet and world wide web

Front 35

TCP/IP

Back 35

transmission control protocol/internet protocol - carries computer messages around the globe via the internet

Front 36

Telnet

Back 36

internet protocol that you connect your microcomputer as a remote workstation to host a computer anywhere in the world and use that computer as though you were logged in locally.