Lloyds Association | Insurance Glossary

Definition of "Lloyd's association"

Organization following the format of Lloyd's of London.

Title leaving no question as to who the owner is. It is the title which a reasonable buyer, knowledg ...

Premium paid by an insured business to an insurance company from which the company subtracts charges ...

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

Contractual agreement between a commercial or industrial rental property owner and an individual or ...

Distance from the location of natural ground and water to the actual ground level. ...

Failure to exercise proper care. Many property insurance policies exclude losses that result from ne ...

Commercial insurance is designed to help protect many of the risks your business can face, including ...

A morgagee is the lender. ...

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

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