google bot detected Conditional Insurance | Insurance Glossary |

Conditional Insurance

Definition of "Conditional insurance"

Same as term Conditional Sales Floater: coverage for the seller of property on an installment or conditional sales contract if it is damaged or destroyed. For example, a television set is sold on an installment basis but is destroyed by a customer. The seller would be indemnified for the loss.

Related Real Estate Glossary terms

Related Real Estate FAQ