Attestation Clause
Definition of "Attestation clause"
Clause listed after the general provisions of the insurance policy that requires the officers of the insurance company to sign their names in order for the contract to be completed. Most insurance policies list the printed signatures of the officers of the insurance company and only the authorized representative of the company will actually sign the contract prior to its delivery to the policyowner.
Popular Insurance Terms
Nominal interest rate minus the rate of inflation. ...
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Section of a policy that specifies the dollar amount or percentage of any loss that the insurance does not pay. Most property and medical policies specify that the first portion of any loss ...
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Trust in which rights to make any changes therein are surrendered permanently by the grantor. The grantor uses this type of trust to transfer assets and any potential depreciation out of ...
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Same as term Bankers Blanket Bond: coverage for a bank in the event of loss due to dishonest acts of its employees or individuals external to the bank. For example, if a teller goes to ...
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