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.
Popular Insurance Terms
Allocation of funds in a retirement plan. ...
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Interest earned but not yet paid for a period of time that has elapsed since the last interest payment. ...
Agents, managers, and office personnel serving in the branches of an insurance company. ...
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