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written premium

Matched in: Term written premium

short rate

coverage that is more than a pro rata part of the annual premium 2 : an insurance policy written for less than one year called also short term

Representation

it is collateral must be in writing under the Statute of Frauds or otherwise, if the principal or written contract is wholly silent on the subject, De Lassalle v. Guildford, (1901) 2 KB 235 (warranty that drains … Such representations are often the principal inducement to the contract, and afford the best ground upon which the premium can be calculated. Consult Arnould on Marine Insurance. The statement as to another's character, etc., within the meaning

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