Insolvency Clause,
Insolvency Clause means,
A clause that reinsures the insured for a portion of the losses assumed under the contract, even if the central company has been declared bankrupt. A liability insurance clause that states that general liability insurance will not be revoked if the primary liability insurance goes bankrupt for default.
Insolvency Clause means: Terms of the contract, usually defined by law or regulation as a condition for obtaining a reinsurance loan, under which the reinsurer pledges to settle his obligations in the event of non-payment of seeding insurance. does. The insurance company has fulfilled its responsibilities.
Literal Meanings of Insolvency Clause
Insolvency:
Meanings of Insolvency:
A failed country cannot repay its debt.
Sentences of Insolvency
Association on the brink of bankruptcy
Synonyms of Insolvency
collapse, liquidation, financial ruin, failure, bankruptcy, ruination, ruin
Clause:
Meanings of Clause:
The grammatical organization unit, located below the sentence in the line, should consist of a subject and a prediction in traditional grammar.
Articles, terms or conditions are specific and different from an agreement, bill or agreement.
Sentences of Clause
In each of the above sentences, two sentences are connected to a series of sentences without pairs.
Contracts usually have a choice of law that determines the applicable law.
Synonyms of Clause
turn of phrase, part, phrasal verb, clause, phrasal idiom, locution, section, term, item, article, paragraph, set phrase, idiom, idiomatic expression, subsection, construction, wording, note, heading, point, word group, group of words, passage
Insolvency Clause,
Insolvency Clause means,
You can define Insolvency Clause as, The clause which again holds the contractor liable for the losses of its contract, even if the parent company has been declared bankrupt. A general liability insurance clause stating that the line will not be issued if the primary liability insurer goes bankrupt.
The provisions of the contract, which are usually required by law or regulation as a condition for obtaining a reinsurance loan, under which the reinsurer assumes the obligation to pay his insurance obligations under the contract. However, in the event of bankruptcy of the transfer insurance, and independently, the insurer has fulfilled its obligations.
Literal Meanings of Insolvency Clause
Insolvency:
Meanings of Insolvency:
Bankruptcy situation
Synonyms of Insolvency
administration, penury, pennilessness, pauperdom, beggary, impecuniousness, folding, receivership
Clause:
Meanings of Clause:
The grammatical organization unit, which is located just below the sentence in the line and should have a prediction in a subject and traditional grammar.
Synonyms of Clause
stipulation, rider, condition, proviso, requirement, specification, provision
Insolvency Clause,
How To Define Insolvency Clause?
Insolvency Clause means, A clause that makes the reinsurer liable for his share of the contract's losses, even if the parent company goes bankrupt. A general liability insurance clause that states that a guarantee will not be issued if the primary liability insurer goes bankrupt.
Insolvency Clause means: Contract provisions, which are usually required by law or regulation as a condition for obtaining a reinsurance loan, under which the reinsurer undertakes to fulfill his insurance obligations while transferring. In the event of bankruptcy of the insuring insurer, and independently the insurer has fulfilled its obligations.
Literal Meanings of Insolvency Clause
Clause:
Meanings of Clause:
The organizational unit of grammar, which is located immediately below the sentence in the line, and traditional grammar should consist of an article and a prediction.
Articles, terms or conditions of an agreement, law or agreement specified and separate.
