Cover page of an Insurance Policy containing provisions applicable to all coverage parts attached to the jacket. The jacket and the coverage parts together constitute a complete Policy.
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The cover of an insurance policy it usually contains information such as the name and address of the insurer.
Insurance Encyclopedia
Jackware –
Malware that can take over control of a piece of equipment – for example a blast furnace, train, or other vehicle. Once taken over, the hacker can operate the equipment so that the blast furnace over heats and burns down the building or the autonomous vehicle drives itself to the dock where it is loaded into a shipping container.
Jald Rahat Yojana (Settlement of Motor Accident Related Cases through alternative forum)
The legal Services Authorities Act, 1987 provides for organizing of Lok Adalat by the Legal Services Committees at various levels to determine and arrive at a compromise or settlement between parties to a dispute in respect of any case pending before any court for which the Lok Adalat is organized. The Insurance industry has also established Claims Conciliation Committees and Jald Rahat Yojana which enables negotiated settlements. The award by these would not carry any interest. Thus, the settlement through the above enable the companies to save the interest and administration charges.
Jane’s ‘All the World’s Aircraft’
Annual publication containing information of value to underwriters. It contains photographs, descriptions and performance details of the majority of civil and military aircraft and engines in current production and/or under development.
Janson clause
Clause that may be added to a hull policy in circumstances where hull particular average claims are likely to be frequent. The policy is made ‘free of particular average’ if the partial loss does not equal or exceed 3 per cent of the insured value. The insured warrants that he will remain uninsured for the 3 per cent.
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A clause applying an excess to a marine insurance policy.
Jason clause
A clause appearing in a contract of affreightment when disputes may be subject to US law. The clause obligates the owners of cargo to contribute to general average in cases of danger, damage or disaster resulting from faults or errors in navigation or in the management of a vessel or its machinery, provided that the owner shall have exercised due diligence to make the vessel in all respects seaworthy, and to have it properly manned, equipped and supplied. The clause avoids the consequences of a US court decision which held that a shipowner could not recover cargo’s proportion of general average arising out of a negligent navigation or error in management.