HANDCRAFTSMAN
\hˈandkɹaftsmən], \hˈandkɹaftsmən], \h_ˈa_n_d_k_ɹ_a_f_t_s_m_ə_n]\
Definitions of HANDCRAFTSMAN
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PROPORTIONAL AGREEMENT
- When an insurer must take their share the losses based on a fixed variable percentage or monetary value. Refer to excess of loss agreement.