Insured at Insurance Glossary
What is it? A person or organization, covered by an insurance policy, including the named insured and any other parties for whom protection is provided under the policy.Insurance Dictionary Term Added By: Jackson
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Insurance Term Certificate of Insurance is This certifies to the certificate holder that the policy indicated is in force as of the dates shown on the certificate.Insurance Term Split Limits is A limits structure for Bodily Injury and Property Damage Liability or Uninsured Motorist coverage which provides, for Bodily Injury, one limit per person, which is the maximum payable for all damages payable to any one injured person, a separate limit per Occurrence, which is the maximum payable for all Bodily Injury in any one occurrence, and a third limit which is the maximum payable for Property Damage in any one Occurrence. Most personal lines auto insurance is written Split Limits. (See Limit; Occurrence; Combined Single Limit)
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