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Home > Terms > English, UK (UE) > Over insurance
Over insurance
A contract whereby, for specified consideration, one party undertakes to compensate the other for a loss relating to a particular subject as a result of the occurrence of designated hazards.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Insurance
- Category: Commercial insurance
- Company: Others
- Product:
- Acronym-Abbreviation:
Other Languages:
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