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Policy - Law Dictionary Search Results

floater

floater 1 from the notion that the policy “floats” with the goods it insures, wherever they might be

lapse

compare anti-lapse statute b : the termination of an insurance policy because of nonpayment of premiums or nonrenewal vb lapsed laps·ing

Cabinet

the Council of Ministers which is responsible for formulating the policy of the Government. The Council of Ministers is collectively responsible

additional insured

who is not specifically named as an insured within the policy itself, but for whom attachments, known as endorsements, to the

coverage

coverage 1 : protection or indemnification by an insurance policy [the policy provides extensive against burglary] 2 : a risk

umbrella

umbrella : being or relating to a supplemental insurance policy that extends the coverage of an underlying policy on the

viatical settlement

an agreement by which the owner of a life insurance policy covering a person (as the owner) with a catastrophic or

Contribution plan

A plan of distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the

Continuation clause

been usual to provide by a clause attached to the policy, called the continuation clause, that if at the end of

With any limited liability and in force

limited liability and in force, the phrase means a statutory policy under the old Act with the limit prescribed therein which

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