Laws on nonforfeiture and valuation, made standard in 1947. The name is derived from then head of the NAIC committee responsible for developing these laws, Alfred Guertin.
Insurance Encyclopedia
Guest
In the context of certain hotels, e.g. inns, it is someone who books sleeping accommodation. The innkeeper becomes strictly liable for loss or damage to the property of a guest subject to the limitations introduced by the Hotel Proprietors Act 1956.
Guest law (Legal Terminology)
A law that limits the rights of a passenger in an automobile to demand funds from the driver on the basis of negligence. Typically, the passenger must prove willful and wanton negligence by the driver before they can collect any funds.
Guest property coverage (Criminal)
Commercial coverage form for the property of hotel or motel guests. Two forms exist: One covers property placed inside a safe deposit box on the premises, and the other covers the legal liability of the company for losses incurred on their premises or damages done to property while in the insured’s possession.
Guests’ effects
Property and effects belonging to, or the responsibility to guests, i.e. persons staying overnight at hotels and similar establishments. The proprietor of the establishment can insure the effects under a material damage policy or his legal liability for loss or damage.