answersLogoWhite

0

A contract whereby, for specified consideration, one party undertakes to compensate the other for a loss relating to a particular subject as a result of the occurrence of designated hazards.

http://legal-dictionary.thefreedictionary.com/insurance

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

How does the definition of liability apply to insurance claims?

The definition of liability in insurance claims means that the insured is protected in case they are sued. This coverage includes legal costs and payouts.


What is a polestar by legal definition?

There is no legal definition for pole star.There is no legal definition for pole star.There is no legal definition for pole star.There is no legal definition for pole star.


What is the definition of Tenant's Legal Liability?

Provides insurance against legal liability for property damage to business premises leased or rented to the insured.


What is the definition of supplemental insurance?

The definition of supplemental insurance is additional or extra insurance that you can get to help pay for out-of-pocket or services that your regular insurance will not pay for.


Is insanity a legal definition or a psychiatric one?

It is a legal definition.


What is the legal definition of immediate area?

what is the legal definition of "immediate area"


Who needs legal malpractice insurance?

Legal Malpractice Insurance is coverage specifically for professionals practicing in the legal field


What is the legal definition of should?

The word 'should' does not have a legal definition. It may be part of one.


What is the legal definition of care custody and control?

Legal definition of care, custody and control?


What is the definition of insurance and its types?

definition of insurence and it's type


Definition of insurance writing company?

what is an insurance writing company?


Definition motorfleet insurance?

Insurance for a fleet of Motor Vehicles