Home > Terms > English, UK (UE) > Insurance contract

Insurance contract

A contract under which one party (the insurer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder if a specified uncertain future event (the insured event) adversely affects the policyholder.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Entertainment Category: Video

GoPro

A company based in San Mateo, California which specializes in producing wearable high definition cameras and camcorders. The cameras are most often ...

Contributor

Featured blossaries

Victoria´s Secret Business

Category: Fashion   3 10 Terms

Dubai: Expo 2020

Category: Business   1 1 Terms