(from insurance)

  • 91excess insurance — Insurance which, by a provision in the policy, is relieved from contributing to other insurers of the same risk; such a policy renders the insurer liable only for the amount of loss or damage in excess of the coverage provided by another policy… …

    Ballentine's law dictionary

  • 92Bailee's Customers Insurance — Insurance coverage for legal liability resulting from damage or destruction of a bailor s property while temporarily under the care or custody of a bailee. A bailee is a person or organization that has temporary possession of someone else s… …

    Investment dictionary

  • 93Broad Form Personal Theft Insurance — Insurance coverage to protect personal assets. Broad form personal theft insurance coverage can be placed on all personal property, and is on an all risk basis meaning no matter whether the loss is from vandalism, theft, loss etc. the same… …

    Investment dictionary

  • 94Business Insurance — Insurance coverage that protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee… …

    Investment dictionary

  • 95Commercial Property Insurance — Insurance that is used to cover any type of commercial property. Commercial property insurance protects commercial property from such perils as fire, theft and natural disaster. This type of insurance is carried by a variety of businesses,… …

    Investment dictionary

  • 96Demolition Insurance — Insurance that is used to cover the costs of demolishing a building that is damaged by a peril, such as a fire or storm. Zoning requirements or building codes may require that a damaged building be demolished rather than repaired. Demolition… …

    Investment dictionary

  • 97Garage Liability Insurance — Insurance typically purchased by automobile dealerships and repair shops that covers property damage and bodily injury resulting from the operations of an auto garage. It typically does not cover accidents and damage to cars that are brought into …

    Investment dictionary

  • 98Hazard Insurance — Insurance that protects a property owner against damage caused by fires, severe storms, earthquakes or other natural events. As long as the specific event is covered within the policy, the property owner will receive compensation to cover the… …

    Investment dictionary

  • 99labor dispute insurance — Insurance against loss resulting from strikes or labor disputes. 29A Am J Rev ed Ins § 1371. Insurance of employers of labor in the manufacturing business against loss or damage resulting directly or indirectly from any interference with or… …

    Ballentine's law dictionary

  • 100Product Recall Insurance — Insurance that covers expenses associated with recalling a product from the market. Product recall insurance is typically purchased by manufacturers such as food and beverage, toy and electronics companies to cover costs such as customer… …

    Investment dictionary