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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