Insurance Meaning Black S Law Dictionary

Sixth edition by the publisher s editorial staff coauthors joseph r.
Insurance meaning black s law dictionary. For questions regarding your specific situation please consult a qualified attorney. Nolan associate justice massachusetts supreme judicial court. An assurance promise or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party. Latin meaning literally it is known from its associates a word whose meaning is uncertain questionable or doubtful can be understood and defined by its.
Black s law dictionary definitions of the terms and phrases of american and english jurisprudence ancient and modern contributing authors. A contract whereby for specified consideration one party undertakes to compensate the other for a loss relating to a particular subject as a result of the occurrence. Black s law is the most widely used law dictionary in the united states. The law dictionary is not a law firm and this page should not be interpreted as creating an attorney client or legal adviser relationship.
Warranties are used in a variety o. Black s law dictionary is america s most trusted law dictionary online. Supreme court has cited the dictionary as a secondary legal authority in many u s. The losses covered by the policy may include property damage or loss from accident fire theft or inte.
A contract insurance policy in which the insurer insurance company agrees for a fee insurance premiums to pay the insured party all or a portion of any loss suffered by accident or death. An agreement in which you pay a company money and they pay your costs if you have an accident.