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Simple English definitions for legal terms

assurer

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A quick definition of assurer:

Assurer: A person or company that agrees to take on the risk of someone else's loss and compensate them for that loss. This is also known as an insurer or underwriter. For life insurance, they may be referred to as an assurer. A primary insurer is responsible for settling a claim up to the policy limit before any other insurer becomes liable, while an excess insurer is liable for settling any part of a claim not covered by the primary insurer. A quasi-insurer is a service provider, like an innkeeper or common carrier, who is held to strict liability in the provision of services.

A more thorough explanation:

Definition: An assurer is another term for an insurer. It refers to a person or company that agrees, through a contract, to take on the risk of another person's loss and compensate them for that loss. This term is commonly used in the context of life insurance.

Examples: If someone buys a life insurance policy, the assurer (or insurer) agrees to pay out a certain amount of money to the policyholder's beneficiaries upon their death. Another example would be a car insurance policy, where the assurer agrees to cover the cost of damages or injuries resulting from a car accident.

Explanation: The examples illustrate how an assurer (or insurer) takes on the risk of another person's loss. In both cases, the policyholder pays a premium to the assurer in exchange for the assurance that they will be compensated in the event of a loss. This allows the policyholder to have peace of mind and financial protection in case of an unexpected event.

assurance | as their interests may appear

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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