Insurance Dictionary Online

Insurance Is A System In Which Groups Of People Who Have Similar Chances Of Suffering A Loss Transfer Their Risk Of Loss To An Insurer Who Pools The Risk Of Many People.

Can you get your license at 18 without a permit? It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event. Click on the arrows to change the translation direction.

There Are Approximately 1,700 Terms In This Edition.

As mentioned earlier, the ‘insurer’ is the one calculating risks, providing insurance policies, and paying out claims. An agreement in which you pay a company money and they pay your costs if you have an accident…. Property insurance is a blanket term that refers to any type of insurance policy that covers private or commercial property from damages or from liability for.

Auto Insurance Premiums Are Quoted For Either 6 Month Or Annual Policy Periods.

Insurancedict.com is an insurance dictionary with short articles on popular insurance terms and phrases.insurance has become integral part of. It is more fully defined to be a contract by which. The act, business, or system of insuring.

New Terms Will Be Added To The Glossary.

Payday loan canada insurance dictionary. Liability for damages even though fault or negligence cannot be proven. The sum for which something is insured.

Insurance Definitions, Dictionary, Glossary And Terms.

Dictionary.com is the world’s leading online source for english definitions, synonyms, word origins and etymologies, audio pronunciations, example sentences, slang. International risk management institute, inc. The most comprehensive insurance dictionary ever written.