25 Lovely Insurance Contract Definition

Insurance Contract Definition businessdictionary definition contract htmlExistence of contractual relationship does not necessarily mean the contract is enforceable or that it is not void see void contract or voidable see voidable Contract Contracts are normally enforceable whether or not in a written form although a written contract protects all parties to it Some contracts such as for sale of real property installment plans or insurance policies must Insurance Contract Definition webster dictionary insurance3 gambling a side bet that a player in blackjack may place when the dealer s first faceup card is an ace Note An insurance bet can be up to half of a player s original bet It wins at 2 to 1 odds if the dealer s cards add up to 21

investorwords 2510 insurance htmlDefinition of insurance A promise of compensation for specific potential future losses in exchange for a periodic payment Insurance is designed to Insurance Contract Definition is a means of protection from financial loss It is a form of risk management primarily used to hedge against the risk of a contingent or uncertain loss An entity which provides insurance is known as an insurer insurance company insurance carrier or underwriter A person or entity who buys insurance is known as an insured or as a policyholder webster dictionary contractChoose the Right Synonym for contract Verb contract shrink condense compress constrict deflate mean to decrease in bulk or volume contract applies to a drawing together of surfaces or particles or a reduction of area or length caused her muscles to contract shrink implies a contracting or a loss of material and stresses a falling short of original dimensions

An arrangement or agreement that protects someone from incurring future losses as from damage theft illness or death especially a contract that transfers the risk of a specified loss to another party in exchange for the payment of a premium Insurance Contract Definition webster dictionary contractChoose the Right Synonym for contract Verb contract shrink condense compress constrict deflate mean to decrease in bulk or volume contract applies to a drawing together of surfaces or particles or a reduction of area or length caused her muscles to contract shrink implies a contracting or a loss of material and stresses a falling short of original dimensions definition the act system or business of insuring property life one s person etc against loss or harm arising in specified contingencies as fire accident death disablement or the like in consideration of a payment proportionate to the risk involved See more

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