Additional Insured - Law Dictionary Search Results
additional insured
Matched in: Term additional insured
National insurance
to a mother on her confinement. If both husband and wife are insured, this benefit is doubled. (5) Additional Benefits, i.e., further benefits which an approved society can give to its members as a result of a
Marine insurance business
transit by land or water, or both, and whether or not including warehouse risks or similar risks in addition or as incidental to such transit, and includes any other risks customarily included among the risks insured against
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Bailee
to get the car repaired in discharge of an obligation under the contract of insurance. Therefore, for this additional reason the custody of the repairer is that of a sub-bailee, N.R. Srinivasa Iyer v. New India Assurance … of bailment; one to whom goods are bailed. (Contract Act, 1872, s. 148) Where in an accident the Insured dealt with vehicle strictly as provided under the contract of insurance and that necessitated taking the car to
Composite insurer
Composite insurer, means an insurer carrying on in addition to controlled business any other kind of insurance business. [Life Insurance Corporation Act, 1956 (14 of 1957), s. … Composite insurer, means an insurer carrying on in addition to controlled business any other kind of insurance business. [Life Insurance
excess
excess : more than a usual or specified amount ;specif : additional to an amount specified under another insurance policy [ coverage] [ insurance] … excess : more than a usual or specified amount ;specif : additional to an amount specified under another insurance policy [ coverage] [ insurance]
lease
: a lease requiring the lessee to assume all operation expenses (as for maintenance, insurance, and taxes) in addition to the payment of rent operating lease : a lease of property and esp. equipment for a term … mining lease net lease : a lease requiring the lessee to assume all operation expenses (as for maintenance, insurance, and taxes) in addition to the payment of rent operating lease : a lease of property and esp.
participating
of surplus by the issuing insurance company b : entitled to a share in distributions that are in addition to regular fixed income [ shares] … in distributions: a : entitling the holder to a share in any distribution of surplus by the issuing insurance company b : entitled to a share in distributions that are in addition to regular fixed income [
rider
rider 1 : an addition to a document (as an insurance policy) often attached on a separate piece of paper 2 : a … rider 1 : an addition to a document (as an insurance policy) often attached on a separate piece of paper 2 : a clause or provision appended to a
Del credere
An agreement by which an agent or factor in consideration of an additional premium or commission called a del credere commission engages when he sells goods on credit to insure warrant … an additional premium or commission called a del credere commission engages when he sells goods on credit to insure warrant or guarantee to his principal the solvency of the purchaser the engagement of the factor being to
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