Relating to an agreement by an insurer to pay a specified amount of money to or on behalf of the insured upon occurrence of a defined loss.
***
The agreement an insurance company has made to pay a prestated amount should a loss occur.
The Rantings of the barely human.
Relating to an agreement by an insurer to pay a specified amount of money to or on behalf of the insured upon occurrence of a defined loss.
***
The agreement an insurance company has made to pay a prestated amount should a loss occur.