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occurrence insurance

См. также в других словарях:

  • insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or …   Law dictionary

  • occurrence policy — n: an insurance policy that provides coverage for an event occurring within the policy period even if the discovery or claim is made later compare claims made policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   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

  • 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

  • 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

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • insurance — noun /ɨn.ˈʃɹ̩.ɨns,ˈɪn.ʃə.ɹɨns/ a) A means of indemnity against a future occurrence of an uncertain event. The car was totalled, but fortunately I had insurance. b) The business of providing insurance. After five years in banking, I switched to… …   Wiktionary

  • insurance — A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from an unknown or contingent event. Meyer v Building & Realty Service Co. 209 Ind 125, 196 NE 250, 100 ALR 1442. An agreement by which one person… …   Ballentine's law dictionary

  • occurrence — A coming or happening. Any incident or event, especially one that happens without being designed or expected (from e.g. standpoint of insured). Farmers & Merchants Nat. Bank v. Arrington, Tex.Civ. App., 98 S.W.2d 378, 382. Within meaning of… …   Black's law dictionary

  • indemnity insurance — Insurance under a policy providing indemnification for actual loss or damage suffered by the insured (Shealey v American Health Ins. Corp. 220 SC 79, 66 SE2d 461, 27 ALR2d 942) as distinguished from insurance, particularly insurance under a… …   Ballentine's law dictionary

  • fire insurance — insurance covering any loss or damage caused by fire. [1790 1800] * * *       provision against losses caused by fire, lightning, and the removal of property from premises endangered by fire. The insurer agrees, for a fee, to reimburse the… …   Universalium

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