Disclaimer 2


Definition of "Disclaimer"

Statement issued by the insurance company denying a claim under the insurance policy on the grounds that a condition or policy provision has been breached.

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Disclaimer

(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property. ...

Preexisting Condition

Illnesses or disability for which the insured was treated or advised within a stipulated time period before making application for a life or health in ...

Residual Disability Income Insurance

Coverage for an individual with a residual disability. Benefits are usually payable for the unused portion of the total disability benefit period up t ...

Breach Of Contract

Failure of a party (not having a legal excuse) to perform in accordance with a promise made. An insurance policy consists of legally enforceable promi ...

Claim Report

Report furnished by the adjuster to the, insurance company (insurer) that documents the amount of payment the insurer is legally obligated to pay to o ...

Pilferage

Stealing small amounts of property. Insurance coverage is available under a number of policies. ...

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