Void Contract | Insurance Glossary

Definition of "Void contract"

Apparent agreement that is not a valid contract.

Choice of beneficiary in which the death benefit of a life insurance policy is retained by the compa ...

Modified participating level coverage permanent life insurance policy under which the dividends are ...

Real estate business owned by one person having all the rights and obligations. ...

Employee benefit plan that provides such benefits as long-term care insurance, dependent care spendi ...

Policy permitting an insured to choose desired coverages. These policies are important for items wit ...

Ownership in property by two or more persons at the same time. ...

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

A deed is a legal document that conveys the title to a property. ...

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

You should definitely consider getting travel insurance when doing or bringing any of the following ...

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