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Nationwide insurance

Saturday, 2 August 2008. 21 Useful Insurance Terms You Should Know. INSURED - A person or a corporation who contracts for an insurance policy that indemnifies protects him against loss or damage to property or, in the case of a liability policy, defend him against a claim from a third party. The following equation is used to determine what amount may be collected for partial loss. Amount of Insurance Carried x Loss. Amount of Insurance that Payment. 100,000 building value. 80,000 insurance carried.

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Nationwide insurance

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Saturday, 2 August 2008. 21 Useful Insurance Terms You Should Know. INSURED - A person or a corporation who contracts for an insurance policy that indemnifies protects him against loss or damage to property or, in the case of a liability policy, defend him against a claim from a third party. The following equation is used to determine what amount may be collected for partial loss. Amount of Insurance Carried x Loss. Amount of Insurance that Payment. 100,000 building value. 80,000 insurance carried.

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This web page insurancenationwide.blogspot.com states the following, "21 Useful Insurance Terms You Should Know." We saw that the webpage said " INSURED - A person or a corporation who contracts for an insurance policy that indemnifies protects him against loss or damage to property or, in the case of a liability policy, defend him against a claim from a third party." It also said " The following equation is used to determine what amount may be collected for partial loss. Amount of Insurance Carried x Loss. Amount of Insurance that Payment."

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