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Insurance - Law Dictionary Search Results

Home Dictionary Name: insurance Page: 9

Contract of marine insurance

Contract of marine insurance, may, by its express terms or by trade usage, be extended so as to protect the assured against losses on inland waters or against any land risk which may be incidental to a sea voyage, and it may also cover a ship in the course of building, or the launch of a ship, or any adventure analogous to a marine adventure, Jackson v. Mumford, (1904) 9 Com Cas 114....


Re-insurance or Re-assurance

Re-insurance or Re-assurance, a contract by which a first insurer relieves himself from the risks which he has undertaken, and devolves them upon other insurers, called re-insurers or re-assurers....


Insurance adjuster

Insurance adjuster, means a person who determines the value of a loss to the insured and settles the claim against the insurer, Black's Law Dictionary, 7th Edn., p. 808...


insurance trust

insurance trust see trust ...


hospitalisation insurance

A form of medical insurance that pays for all or part of the fees for a persons residence and treatment in a hospital...


standard other insurance clause

standard other insurance clause : pro rata clause ...


reciprocal insurance exchange

reciprocal insurance exchange : reciprocal exchange ...


medicare (health insurance for the aged act)

medicare (health insurance for the aged act) ...


malpractice insurance

malpractice insurance Protection of professional people (attorneys, doctors or accountants) against claims of liability. Source: FindLaw ...


insurance

insurance 1 : the action, process, or means of insuring or the state of being insured usually against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a : the business of insuring persons or property b : coverage by contract whereby for an agreed payment one party agrees to indemnify or guarantee another against loss by a specified contingency or peril c : the principles and practice of the business of insuring 3 : the sum for which something is insured ...



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