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Simple English definitions for legal terms

insuring agreement

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A quick definition of insuring agreement:

Insuring Agreement: An insuring agreement is a part of an insurance policy that explains what risks the insurance company is willing to cover and the extent of that coverage. It is also known as an insuring clause. This agreement outlines the terms and conditions of the insurance policy and helps the policyholder understand what they are protected against.

A more thorough explanation:

An insuring agreement, also known as an insuring clause, is a provision in an insurance policy or bond that outlines the risk assumed by the insurer and the scope of coverage provided.

For example, a homeowner's insurance policy may include an insuring agreement that covers damage to the home and personal property caused by fire, theft, or other covered perils. This means that if the home or personal property is damaged or destroyed by a covered peril, the insurer will provide compensation to the policyholder.

Another example is a liability insurance policy for a business. The insuring agreement may state that the insurer will provide coverage for bodily injury or property damage caused by the business's operations or products. This means that if someone is injured or their property is damaged as a result of the business's actions, the insurer will provide compensation to the injured party.

Overall, the insuring agreement is a crucial component of an insurance policy as it outlines the specific risks that are covered and the extent of the coverage provided.

insurgent | insuring clause

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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
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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