Insurance Definition Black S Law Dictionary

The broker is an intermediary or negotiator in the contracting of any type of bargain acting as an.

Insurance definition black s law dictionary. Meaning pronunciation picture example sentences grammar usage notes synonyms and more. Black s law dictionary 2nd ed. 14 000 legal terms pro. Insurance under which all of the members of a class or group are covered but are not named.

A contract whereby for a stipulated consideration one party undertakes to compensate the other for loss on a specified subject by specified perils. Black s law dictionary is america s most trusted law dictionary online. Ask questions get answers. Definition of insurance noun in oxford advanced learner s dictionary.

Supreme court has cited the dictionary as a secondary legal authority in many u s. 23 000 law guide law journal. Henry campbell black 1860 1927 authored the first two editions see a list of all editions below. Black s law dictionary 2nd ed is free to use online for your legal dictionary needs.

Declaration part of a property or liability insurance policy that states the name and address of policyholder property insured its location and description the policy period premiums and supplemental information. Either a specified dollar amount a percentage of the claim amount or a specified. 23 000 law guide law journal. An individual or firm employed by others to plan and organize sales or negotiate contracts for a commission.

Referred to as the ìdec page î. Legal definition of blanket insurance. A broker s function is to arrange contracts for property in which he or she has no personal interest possession or concern. Black s law dictionary 2nd ed.

Over 2 000 five star ratings. We use cookies to enhance your experience on our website including to provide targeted advertising and track usage. Over 2 000 five star ratings. Deductible the amount of loss paid by the policyholder.