Definition of "Enure"

Elaine Knuth real estate agent

Written by

Elaine Knuthelite badge icon

Century 21 Town & Country

Clause in an insurance policy stipulating that the benefits under the policy will accrue to the right of the insured. For example, if the insured leaves a violin at a repair shop and that violin, which is insured under the homeowners insurance policy, is stolen, the insurance company will pay the benefits to the insured and not to the repair shop.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Additional coverage available on most property insurance policies through the extended coverage endorsement. Windstorms, including hurricanes, cyclones, and high winds, are not among the ...

Ceiling on expense reimbursement allowance, as stated in New York insurance law, that an insurance company licensed in New York State can give its agents. This is one reason why a company ...

In workers compensation insurance policies and several business property and liability policies, review of the payroll of a business firm in order to determine the premium for coverage. ...

Group coverage for members of a fraternal association, usually on a nonprofit basis. ...

Prior to 1988, right to withdraw retirement assets before age 59 1/2 without having to pay a 10% penalty under the following circumstances: medical expenses are incurred. the plan ...

Acts or omissions that result in suits against an individual and/or residents of the individual's household for actual or imagined bodily injury and/or property damage to a third party. ...

Cash carried forward from the previous year, plus gains from operations for the current year, plus any capital gains. ...

Insurance policy under which premiums are past due but the grace period has not expired. ...

Cost of the assets listed on the accounting records of the company. These assets include the following: real estate (to include any adjustments for depreciation), transportation equipment ...

Popular Insurance Questions