The meaning of SELF-INSURE is to insure oneself; especially : to practice self-insurance. How to use self-insure in a sentence.
His conduct in concealing facts that ought to have been made known to the insurer may have that effect. FromProject Gutenberg For a total loss the insurer is liable for the entire value of the property to the limit covered by the insurance. ...
1 ENTRIES FOUND: insurer(noun) insurer/ɪnˈʃɚrɚ/noun pluralinsurers Britannica Dictionary definition of INSURER [count] :a company that provides insurance In this policy, theinsureragrees to pay for all medical expenses. the country's leadinginsurers...
The meaning of REINSURE is to insure again by transferring to another insurance company all or a part of a liability assumed. How to use reinsure in a sentence.
Related to Insurer:life insurance,reinsurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. ...
one insured under self-insurance. Discover More Word History and Origins Origin of self-insurer1 First recorded in 1905–10 Word of the DayApril 18, 2024petrichor [pet-ri-kawr]Meaning and examples Start each day with the Word of the Day in your inbox! Sign Up By clicking "Sign Up", ...
The particular commercial senses of "make safe against loss by payment of premiums; undertake to ensure against loss, etc." are from mid-17c. (replacingassurein that meaning). Related:Insured;insuring. Advertisement Trends ofinsurer Shareinsurer ...
Governmental Insurershall have the meaning set forth in Section 3.13(a)(xi). Sample 1 Governmental Insurermeans the FHA, RHS, VA and anyother agencyor instrumentality ofthe federal governmentthat insuresmortgage loansonterms and conditionsat least as favorable tothe mortgageeas theFHA insuranceor ...
Mortgage Insurer means CMHC, Genworth Financial Insurance Company Canada, or any other company that insures the payment of mortgages to mortgage lenders. Other Properties shall have the meaning set forth in Section 9.1. Income Property means, in respect of each Sub-Fund, (a) all interest, divid...
The S&P Insurer Financial Strength rating system is operated by Standard & Poor's. These ratings have been issued since 1971.2 They are used by a variety of professionals in theinsurance industry, including insurancebrokerswho advise clients and government regulators responsible for settingcapital...