fire insurance policy

  • 1fire insurance policy — ➔ insurance policy …

    Financial and business terms

  • 2fire insurance policy — A personal contract to indemnify the insured against loss by fire to the property insured; a contract of indemnity to reimburse the insured for his actual loss not exceeding an agreed sum. 29 Am J Rev ed Ins § 4. A contract of indemnity by which… …

    Ballentine's law dictionary

  • 3Fire Insurance — Insurance that is used to cover damage to a property caused by fire. Fire insurance is a specialized form of insurance beyond property insurance, and is designed to cover the cost of replacement, reconstruction or repair beyond what is covered by …

    Investment dictionary

  • 4fire insurance — insurance covering any loss or damage caused by fire. [1790 1800] * * *       provision against losses caused by fire, lightning, and the removal of property from premises endangered by fire. The insurer agrees, for a fee, to reimburse the… …

    Universalium

  • 5Fire insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …

    The Collaborative International Dictionary of English

  • 6Insurance policy — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …

    The Collaborative International Dictionary of English

  • 7fire insurance — An insurance policy that pays the beneficiary of the policy if property covered by the policy is damaged by fire. Fire insurance often covers damage caused other events as well, such as wind or rain damage. Category: Accidents & Injuries Category …

    Law dictionary

  • 8Fire insurance — Fire Fire (f[imac]r), n. [OE. fir, fyr, fur AS. f[=y]r; akin to D. vuur, OS. & OHG. fiur, G. feuer, Icel. f[=y]ri, f[=u]rr, Gr. py^r, and perh. to L. purus pure, E. pure Cf. {Empyrean}, {Pyre}.] 1. The evolution of light and heat in the… …

    The Collaborative International Dictionary of English

  • 9fire insurance — An insurance policy covering financial losses caused by damage to property by fires. Most fire insurance policies also include cover for damage caused by lightning and explosions of boilers or gas used for domestic purposes. On payment of an… …

    Big dictionary of business and management

  • 10policy — pol‧i‧cy [ˈpɒlsi ǁ ˈpɑː ] noun plural policies 1. [countable] also inˈsurance ˌpolicy INSURANCE a contract with an insurance company, or an official written statement giving all the details of such a contract: • She did not realize that her… …

    Financial and business terms