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Contract of insurance |
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Contract of insuranceA contract between an insurer and the insured. The insurer agrees to pay money to the insured upon the occasion of given events in return for a single premium or regular premiums.Similar MatchesAnnual renewable term insuranceAnnual renewable term insuranceSee: Term insurance. ReinsuranceReinsuranceThe mitigation of all or some of an insurance risk by an insurer by transferring to another insurer in return for the payment or part payment of premiums. Uninsured motorist insuranceUninsured motorist insuranceAutomobile insurance which gives cover to the insured and passengers in the event of vehicle damage and personal injury caused by an uninsured motorist. CoinsuranceCoinsuranceA sharing of the risk of an insurance policy by more than one insurer. Usually one insurer is liable up to a certain amount, the other liable over that amount. Foreign Credit Insurance Association (FCIA)Foreign Credit Insurance Association (FCIA)A private consortium of US insurance companies that offers trade credit insurance to US exporters in conjunction with the US Export-Import Bank. Further Suggestionswhole life insuranceSavings Association Insurance Fund (SAIF) buildings insurance Marine Cargo Insurance National Insurance (NI) Basic Pension Insurance principle Contents insurance Casualty insurance Loss of income insurance Nonparticipating life insurance policy level term insurance Reinsurance liability insurance sickness insurance Social Security Disability Income Insurance long term care insurance legal expenses insurance executive insurance group insurance Disability insurance credit insurance National Insurance (NI) Contributions single premium life insurance loss of income insurance endowment insurance |
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