- underinsured
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un·der·in·sured /ˌən-dər-in-'shu̇rd/ adj: not sufficiently insured: having insufficient insurance to cover losses or damagesan underinsured motorist
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
underinsured
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underinsured — un‧der‧in‧sured [ˌʌndərɪnˈʆʊəd◂ ǁ ˈʆʊrd◂] also under insured adjective INSURANCE 1. if a person is underinsured, the value of the health care for which they are insured is less than they need: • We must focus on ensuring that low income,… … Financial and business terms
underinsured — underinsuredˈ (↑insured) adj(4b) • • • Main Entry: ↑under … Useful english dictionary
Underinsured Motorist Coverage Limits Trigger — One of the two triggers that can be specified by an insured party to protect against losses caused by an accident with a driver who has insufficient insurance. The underinsured motorist coverage limits trigger ensures that in the event of an… … Investment dictionary
Underinsured Motorist Endorsement — An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder and his or her passengers in the event of an accident caused by a driver who does not have sufficient coverage. The… … Investment dictionary
Underinsured Motorist Coverage — An auto insurance policy provision that extends coverage to include property and bodily damage caused by a motorist with insufficient insurance. Underinsured motorist coverage is designed to provide the injured party with compensation above what… … Investment dictionary
underinsured motorist coverage — Such insurance provides for situations in which offending motorist does not carry enough coverage to pay damages incurred by the injured party. Over half of the states have statutes providing for some form of Underinsured coverage. It is not… … Black's law dictionary
underinsured — adjective Date: 1893 not sufficiently insured … New Collegiate Dictionary
underinsured — adjective a) not having sufficient insurance to cover loss or damage b) not having proper health insurance … Wiktionary
underinsured — adj. without sufficient insurance, insured for less than the full value … English contemporary dictionary
underinsured — adjective having inadequate insurance cover. Derivatives underinsurance noun … English new terms dictionary
