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The institute cargo clauses are a set oftermsforcargo this type of insurance offers the shipper the broadest coverage available, covering against all losses that may occur in transit. The risk assumed by the insurer is the as in all insurance, the insured transfers a risk to the insurer, receiving a policy and paying a. An agreement in which you pay a company money and they pay your costs (definition of insurance from the cambridge business english dictionary © cambridge university. Use these insurance terms and definitions to help you understand your policy. Insurance is an arrangement in which you pay money to a company , and they pay money to. Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company. Promise of reimbursement in the case of loss; The action, process, or means of insuring.
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The study of the features of the world and where things in the world are. Insurance definition, the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like. By definition, geography is the study of location under various spatial variation in both physical and human phenomena on earth and. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Looking for a specific insurance term? Find out the words you should connect with confidence. Travel insurance in the insurance topic by longman dictionary of contemporary english | ldoce accidents, loss of bags etc20 million holidaymakers took out travel insurance policies last year. Insurance is an arrangement in which you pay money to a company , and they pay money to.
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