Occurrence
Event that results in bodily injury and/or property damage to a third party. A clause that is common to most liability insurance policies stipulates that all bodily injuries and/or property damages resulting from the same general conditions are interpreted as resulting from one occurrence and thus subject to the policy limits per occurrence.
Popular Insurance Terms
Financial guarantee policy that insures against loss of principal invested in a mutual fund. ...
Coverage for exposures that exhibit a possibility of financial loss. ...
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Record of debit or industrial insurance policies. ...
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