Loss - Law Dictionary Search Results
um
have any automobile insurance. UM coverage protects insureds, up to the limit of their policies, against bodily injury losses caused by a negligent motorist who has not obtained insurance coverage.
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
underinsurance
or underinsured motorists by compensating the insured if the tortfeasor's liability policy limits fall short of the insured's losses : insurance providing uninsured motorist coverage
Keep your definitions linked to case research
underinsured
underinsured : not sufficiently insured : having insufficient insurance to cover losses or damages [an motorist]
Compensate
equivalent to to requite suitably as to compensate a laborer for his work or a merchant for his losses
game theory
A branch of mathematics that deals with strategies for maximizing gains or minimizing losses in competitive situations having defined constraints and involving random factors
Insurer
One who or that which insures the person or company that contracts to indemnify losses for a premium an underwriter
Aleatory contract
Aleatory contract, an agreement of which the effects, with respect both to the advantages and losses, whether to all parties, or to some of them, depend on an uncertain event, Ibid. see WAGERING CONTRACT
Perils of the sea
law has extended this phrase to comprehend events not attributable to natural causes, as captures by pirates, and losses by collision, where no blame is attachable to either ship, or at all events to the injured ship.
Cottage holdings land
held by a council immediately before 1st August, 1970 for the purpose of cottage holdings, Smallholdings (Contributions Towards Losses) Regulation 1970, SI 1970/1051, reg. 2(2) (UK) Halsbury's Laws of England, Vol. 2, para 131, p. 71.
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