insurance against loss of damage

  • 31whole life 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

  • 32loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… …

    Financial and business terms

  • 33damage — ▪ I. damage dam‧age 1 [ˈdæmɪdʒ] noun 1. [uncountable] a bad effect on something that makes it weaker or less successful: damage to • The result of this policy will be severe damage to the British economy. 2. [uncountable] physical harm caused to… …

    Financial and business terms

  • 34insurance — A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from an unknown or contingent event. Meyer v Building & Realty Service Co. 209 Ind 125, 196 NE 250, 100 ALR 1442. An agreement by which one person… …

    Ballentine's law dictionary

  • 35comprehensive insurance — Insurance coverage that pays for damages to your car, its accessories, spare parts against loss or damage caused by an accidental collision, fire, theft, vandalism, typhoon, earthquake, and flooding. It will also pay expenses to have the disabled …

    Dictionary of automotive terms

  • 36insurance — /ɪn ʃυərəns/ noun an agreement that in return for regular payments (called ‘premiums’), a company will pay compensation for loss, damage, injury or death ● to take out insurance ● Repairs will be paid for by the insurance. ♦ to take out an… …

    Dictionary of banking and finance

  • 37Against All Risks - AAR — An insurance policy that provides coverage against all types of loss or damage rather than specific ones. Exclusions can still be included in an against all risks policy, but the insured will be covered against any risks that are not specifically …

    Investment dictionary

  • 38labor 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

  • 39water damage insurance — Insurance on property against loss or damage by rain, flood, or other accumulation of water from natural causes. 29A Am J Rev ed Ins § 1332 …

    Ballentine's law dictionary

  • 40insurance contract — A contract whereby one person undertakes to indemnify another against loss, damage or liability arising from an unknown or contingent event. An agreement by which one party for a consideration promises to pay money, or its equivalent, or do some… …

    Ballentine's law dictionary