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Popular Real Estate Glossary Terms
Time during which an assessment life insurance company has the right to assess policyholders if losses are worse than anticipated in the premium charged. ...
Liability created when an individual who offers services to the general public claims expertise in a particular area greater than the ordinary layman. Today, suits are frequently brought ...
In property insurance, when the insurance policy contains this clause, coinsurance defines the amount of each loss that the company pays according to the following relationship:Amount of ...
Pipes from a structure to a sewer for the purpose of sewage disposal. ...
Liability of an insurance company for future claims that it expects to pay and for which a reserve has been established. ...