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In the new products process, after evaluating an idea, various views on the idea are combined together in what is often called the:
Fireproof
Designed or made resistant to fire or its effects, reducing the risk of fire damage.
Co-insurance Clause
A provision in insurance policies that requires the policyholder to bear a portion of the costs of a claim, encouraging insured parties to not underinsure their assets.
Fireproof
A property or material that is resistant to or capable of withstanding damage from fire.
Insured
The individual or entity covered under an insurance policy and protected against specified risks or losses.
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