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Supplementary Payments


Definition of "Supplementary payments"

Stuart Mears
  Mears Realty Group LLC

In a liability insurance policy, provision for the payment of the insured's expenses as stated in the policy in three areas above the policy limit of liability: legal fees resulting from defending the insured, expenses incurred by the insured as the result of legal actions taken against him or her as the result of requests by the insurance company, and premium payments for bonds required by the insured.



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