a contract by which one party undertakes to make good the loss of another, in consideration of a sum of money, on the happening of a specified event, e
a contract whereby the insurer undertakes, for a premium or assessment, to make a payment to the client or a third person if an event covered by the insurance occurs
an agreement by which one party for a
an agreement by which the insurer is bound to pay money or its equivalent or to do some act of value to the insured upon, and as an indemnity or reimbursement for the destruction, loss, or injury of something in which the other party has an interest
an agreement whereby an insurance company undertakes to compensate a person, called the insured, if the risk insured against does in fact occur
an agreement whereby one undertakes for a consideration to indemnify another against loss, damage or liability arising from an unknown or contingent event
A contract whereby an insurance company agrees to indemnify an insured for losses, provide other benefits, or render services to, or on behalf of, an insured. (The contract of insurance is often called an "insurance policy," but "policy" is merely the evidence of the agreement.)
A legal document confirming the insurance coverage and its term and conditions.
An agreement between the insurer and one or more parties, called the insured, whereby the insurer undertakes in return for the payment of a certain consideration, called the premium, to pay to the insured a certain sum of money or to grant certain compensation on the happening of a specified event.
an agreement between insurer and insured whereby, in return for the payment of a premium, the insurer undertakes to indemnify the insured upon the happening of a specified event.
This is agreement between an insurer and your self, in return for you paying a premium; the insurer will pay you compensation or a sum of money on the happening of an insured event.
