Policy - Law Dictionary Search Results
viatical settlement
from Latin viaticum provision for a journey] : an agreement by which the owner of a life insurance policy covering a person (as the owner) with a catastrophic or life-threatening illness receives compensation for less than the
umbrella
umbrella : being or relating to a supplemental insurance policy that extends the coverage of an underlying policy on the same risk [an policy] [ liability insurance]
coverage
coverage 1 : protection or indemnification by an insurance policy [the policy provides extensive against burglary] 2 : a risk assumed by the terms of an insurance contract
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the default of all or any unperformed part of the lease contract. 3 : to terminate (an insurance policy) before the end of policy period usually as allowed by policy provisions can·cel·able or can·cel·la·ble adj
With any limited liability and in force
With any limited liability and in force, the phrase means a statutory policy under the old Act with the limit prescribed therein which was valid immediately before the commencement of the
Politi' legibus non leges politiis adaptanda
Politi' legibus non leges politiis adaptanda [Lat.], policy is to be adapted to the laws, and not the laws to policy.
Executive function
remain after legislative and judicial functions are taken away. The executive function comprises both the determination of the policy as well as carrying it into execution. This evidently includes the initiation of legislation, the maintenance of order,
Fraud
injustice and shut out inducement to wrong, certain transactions are held to be fradulent, as contrary to general policy, or to fixed legal principles; as marriage-brokerage bonds, and contracts in restraint of trade. Other transactions again, growing
From, 'To'
intended to obviate the difficulties or inconvenience they may be caused to some parties. For instance, if a policy of insurance has to be good for one day from the 1st January, it might be valid only
Letter of cover
of cover, a letter of cover no doubt contains a contract of insurance but it is not a policy of insurance in the common understanding of that word in the trade. It is well known that in
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