Right Of Survivorship
Definition of "Right of survivorship"
Right of survivors to the interest in property of a deceased joint tenant as the result of property held in joint tenancy.
Popular Insurance Terms
Circumstance in which there is a probability loss to personal property or real property resulting from property damage, destruction, or disappearance. ...
Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...
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Critical point in the total amount of claims paid above which the excess insurance policy pays a percentage (generally 80-100%) of the claims for any policy year experience. ...
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Provision used to avoid duplication of coverage in other policies; to eliminate coverage for property under the care, custody, and control of an insured business; as well as to avoid ...
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