First party insurance definition

First party insurance means an insurance policy or contract in which the insurer
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First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.
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First party insurance means an insurance policy or contract in which the 696 insurer agrees to pay a claim submitted to it by the insured for the insured's losses. 697 [(70)] (72) (a) "Fixed indemnity insurance" means accident and health insurance written 698 to provide a fixed amount for a specified event relating to or resulting from an illness 699 or injury.
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Examples of First party insurance in a sentence

  • First party insurance carriers have no right of subrogation or reimbursement from the plaintiff’s tort recovery.

  • First party insurance may be acquired by potential victims of marine pollution, such as fisheries seriously harmed by ship-source oil spills.

  • Include when the problem was experienced and what the effect was on the aircraft.

  • First party insurance is the insurance obtained by a party to protect itself from loss to its own property.

  • Kinds of insurance:  First party insurance: Property, fire, no fault, collision, comprehensive, health insurance, life insurance, relationships where the only people involved are you and the insurance co.

  • First party insurance should also be considered for medical tourists.

  • The Road Traffic Act 1988, would need amending due to the potential removal of subrogation.Remedy 1A: First party insurance for replacement cars General commentsDAC Beachcroft Claims Ltd suggests this proposal would be the most effective of all suggested remedies.

  • Through this method, the interviewer attempts to understand a woman’s shaping experience within the context of her place within her immediate and extended families of origin and/or marriage.

  • First party insurance of vehicle in original.v. Name of the Driver & attested copy of his valid commercial driving license / badge in original.vi.

  • First party insurance is not considered, except as a point of reference.The questionnaire is further limited to schemes in which private insurers play or can play a role.

Related to First party insurance

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Property Insurance is defined in Section 6.10(a).

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Casualty insurance means liability insurance.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to: