Insurance - Law Dictionary Search Results
Home Dictionary Name: insurance Page: 3 Page 3 of about 614 results (0.002 seconds)ocean marine insurance
ocean marine insurance : insurance against risks incident to transportation by sea compare inland marine insurance, marine insurance ...
marine insurance
marine insurance : insurance against loss by damage to or destruction of cargo or the means or instruments of its transportation whether on land, sea, or air see also inland marine insurance, ocean marine insurance ...
insurance certificate
insurance certificate 1 : a certificate issued by an insurer to a shipper as evidence that a shipment of merchandise is covered under a marine insurance policy 2 : a certificate issued in place of an insurance policy by an insurer to one insured as evidence of membership in an insurance or pension plan ...
blanket insurance
blanket insurance 1 : insurance under which all of the members of a class or group are covered but are not named see also group insurance 2 : insurance under which property of more than one type or at more than one location is covered ...
additional insured
additional insured An individual or entity who is not specifically named as an insured within the policy itself, but for whom attachments, known as endorsements, to the policy provide a degree of protection. In some states, an additional insured can be treated differently from an additional named insured, who is an additional insured who is actually named within the policy itself and to whom all of the rights and responsibilities of the policy apply. ...
Insured deposit
Insured deposit, 'insured deposit' means the deposit or any portion thereof the repayment whereof is insured by the corporation under the provisions of this Act. [Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), s. 2(j)]...
Interim Insurance Regulatory Authority
Interim Insurance Regulatory Authority, 'Interim Insurance Regulatory Authority' means the insur-ance regulatory authority set up by the Central Government through Resolution No. 17(2)/94-Ins.- V, dated the 23rd January, 1996. [Insurance Regula-tory and Development Authority Act, 1999 (44 of 1999), s. 2(1) (e)]...
Renewal of insurance policy
Renewal of insurance policy, a renewal of an insurance policy means repetition of the original policy. When renewed, the policy is extended and the renewed policy in identical terms from a different date of its expiration comes into force. In common parlance, by renewal, the old policy is revived and it is sort of a substitution of obligations under the old policy unless such policy provides otherwise, Biman Krishna Bose v. United India Insurance Co. Ltd., (2001) 6 SCC 477 (482)....
Policy of insurance
Policy of insurance, a contract between A. and B., that upon A.'s paying a premium equivalent to the hazard run, B. will indemnify or insure him against a particular event. See INSURANCE.The (English) Policies of Assurance Act, 1867, enabled assignees of life policies to sue thereon in their own names. The (English) Policies of Marine Assurance Act, 1868, made a like provision in regard to marine policies. See also CHOSE.It includes:(a) any instrument by which one person, in consideration of a premium, engages to indemnify another against loss, damage or liability arising from an unknown or contingent event.(b) a life-policy, and any policy insuring any person against accident or sickness, and any other per-sonal insurance. [Indian Stamp Act, 1899 (2 of 1899), s. 2 (19); Rajasthan Stamp Act, 1999, s. 2(27)]...
Other-insurance clause
Other-insurance clause, means an insurance-policy provision that attempts to limit coverage if the insured have other coverage for the same loss. The three Major other-insurance clauses are the pro rata clause, the excess clause, and the escape clause, Black's Law Dictionary, 7th Edn., p. 1128....
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