- insuring clause
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insuring clause n: a clause in an insurance policy that sets out the risk assumed by the insurer or defines the scope of the coverage afforded
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
insuring clause
Look at other dictionaries:
insuring clause — noun : a clause in an insurance policy that sets out the risk assumed by the insurer or defines the scope of the coverage afforded * * * the clause in an insurance policy setting forth the kind and degree of coverage granted by the insurer … Useful english dictionary
insuring clause — the clause in an insurance policy setting forth the kind and degree of coverage granted by the insurer. * * * … Universalium
Loss payee clause — A loss payee clause (or loss payable clause) is a clause in a contract of insurance which provides that in the event of payment being made under the policy in relation to the insured risk, payment will be made to a third party rather than to the… … Wikipedia
loading and unloading clause — A familiar clause in liability insurance policies covering trucks and commercial vehicles, providing in substance that the use of the insured vehicle for the purposes stated in the policy includes the loading and unloading of the vehicle, or, to… … Ballentine's law dictionary
entire contract clause — A provision in the insurance contract stating that the entire agreement between the insured and insurer is contained in the contract, including the application (if attached), declarations, insuring agreement, exclusions, conditions, and… … Black's law dictionary
entire contract clause — A provision in the insurance contract stating that the entire agreement between the insured and insurer is contained in the contract, including the application (if attached), declarations, insuring agreement, exclusions, conditions, and… … Black's law dictionary
alienation clause — The condition, stated in a policy insuring against loss of property by fire, windstorm, etc., that the policy shall become void in case of the sale or conveyance of the property, or a change in interest or title to the insured property, without… … Ballentine's law dictionary
insurance — /in shoor euhns, sherr /, n. 1. 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… … Universalium
Directors and officers liability insurance — (often called D O) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, to cover damages or defense costs in the event they suffer such losses as a result of a lawsuit for alleged wrongful… … Wikipedia
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
