Contingent Liability Insurance | Insurance Glossary

Definition of "Contingent liability insurance"

coverage for contingent liability exposure.

Property coverage on a dealer's interest in equipment while it is being installed. Labor and materia ...

Individual receiving medical treatment who is not required to be hospitalized overnight. ...

Form of deductible usually found in disability income insurance; for example, no benefits may be pay ...

Secondary (not primary) reason for forming a contract. In group insurance, the group must be formed ...

Molding forming the top part of a door or window. Any wood or plaster molding on an inside wall ...

Defect in the tax law that either may provide a loophole to minimize the tax payment or result in hi ...

A mortgagor is the borrower. ...

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

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