The person allegedly responsible for a property loss or personal injury in a lawsuit.

Plan providing for the payment of the premium over time.

A clause defining the amount of loss for which insured is liable; defines insurer’s and insured’s contributions to cover losses.

The portion of the insurance contract that contains information such as the name and address of the insured, the property insured and its location and description, the policy period, the amount of insurance coverage, applicable premiums, and any other information…

Statement, signed by the insured, warranting that information given by him is true.

A provision in an insurance policy most commonly found in fire insurance providing indemnification for the cost of removal of the debris after a fire.

A provision in an insurance policy most commonly found in fire insurance providing indemnification for the cost of removal of the debris after a fire. An amount set out in the policy representing the amount that will be paid in…