25 Beautiful Insurer And Insured Meaning
Insurer And Insured Meaning insurer insurer synonyms insurer pronunciation insurer translation English dictionary definition of insurer n One that insures especially an insurance underwriter n 1 a person or company offering insurance policies in return for premiums 2 a person or thing Insurer And Insured Meaning dictionary thefreedictionary insurerAn insurer that the time of its application commences operations as an insurance company has total statutory capital and surplus of at least 100 million and intends to engage in the property catastrophe or excess liability reinsurance business must register as a class 4 insurer
definition the person group or organization whose life or property is covered by an insurance policy See more Insurer And Insured Meaning dictionary thefreedictionary InsuredThe insured in a policy is not limited to the insured named in the policy but applies to anyone who is insured under the policy insured n 1 the person or entity who will be compensated for loss by an insurer under the terms of a contract called an insurance policy webster dictionary insuranceLegal Definition of insurance 1 the action process or means of insuring or the state of being insured usually against loss or damage by a contingent event as death fire accident or sickness
insurer is a company that sells insurance The insurer pays the insured the cash value which the policy has built up if it is surrendered It is mandatory for insurers to provide the customers with a prospectus that carries all the major features of the policy Insurer And Insured Meaning webster dictionary insuranceLegal Definition of insurance 1 the action process or means of insuring or the state of being insured usually against loss or damage by a contingent event as death fire accident or sickness is a contract represented by a policy in which an individual or entity receives financial protection or reimbursement against losses from an insurance company
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