An insurance adjuster is a representative of an insurance company who evaluates claims and determines the extent of the company's liability. They assess damage and review insurance policies to recommend settlement options. They can be independent or employed by the company and may specialize in appraisals and negotiation. "Admitted assets" refers to an insurance company's assets that are approved by state regulators. A dictionary of property insurance claims terms is available for reference. An independent adjuster is hired to represent the claimant and is paid a fee by the insurance company. They are not an employee of the company. Indexed life insurance is a type of whole life insurance plan. Admission refers to a hospital stay. Amica offers a helpful listing of their claim terms and definitions. Inflation protection is a feature that automatically adjusts the coverage amount to account for inflation.