From Longman Business Dictionaryˌsum inˈsured (also sum assured) noun [countable] the maximum amount of money that an insurer will have to pay, according to an insurance contractTheir policy schedule shows a sum insured of £1,000.Quiz...
Why is '-ed' sometimes pronounced at the end of a word? What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All What do SCOTUS, POTUS, and FLOTUS mean?
Why is '-ed' sometimes pronounced at the end of a word? What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All What do SCOTUS, POTUS, and FLOTUS mean?
Insurance is a settlement or arrangement by which a State or a company undertakes to provide the insured with compensation for a possible eventuality such as damage, illness, loss, or even death in return for the sum payment of a given premium. What is insurance?/What is the meaning of ins...
Also in the bottom left of the page several parts of wikipedia pages related to the word Assured and, of course, Assured synonyms and on the right images related to the word Assured. Definition of Assured AssuredAssured As*sured", a. Made sure; safe; insured; certain; indubitable; not ...
to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured....
aMost importantly, imaging your have lent Ecalpimos Ltd a sum of money with which to buy a hotel.Unforunately the hotel burns down and, because it was not insured, Ecalpimos Ltd has no money to pay you back. You can not get Zosie,Adam and Shiva to pay up from their own personal...
aninvestment, rather than aseriesofpaymentsCorporate bonds pay a fixed rate of interest and then a capital sum on the bond’s maturity.2a single payment to aninsuredperson ifcertainconditionsaremetAn endowment policy pays a capital sum to the insured at a specified time in the future.→sum ...
Convertible insurance is a type of life insurance that allows the policy owner to change a term policy into awhole or universal policywithout going through the health qualification process again. Convertible insurance lets the policy owner convert a term policy that only covers the insured individual...
Another potential hindrance is a legal requirement to maintain areserve fund. These funds are necessary to ensure there is adequate cash on hand to cover unexpected losses. Sometimes regulators can be excessively strict, though, demanding that a seemingly unreasonable sum of money be put aside. ...