Res Ipsa Loquitor
Definition of "Res ipsa loquitor"
Latin phrase for "The facts speak for themselves." This is a rule of evidence under which an individual is deemed, under certain specific circumstances, to be negligent by the mere occurrence of an accident. These circumstances are defined as when the law presumes that an accident could not have occurred had the individual not been negligent.
Popular Insurance Terms
Person other than the annuitant as designated by the policyholder on whose life expectancy the annuity payment is also based. ...
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Policy that pays a dividend to its owner. ...
Insurance policy for which the required premium has been paid. ...
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