HARDSHIP CASES

\hˈɑːdʃɪp kˈe͡ɪsɪz], \hˈɑːdʃɪp kˈe‍ɪsɪz], \h_ˈɑː_d_ʃ_ɪ_p k_ˈeɪ_s_ɪ_z]\

Definitions of HARDSHIP CASES

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1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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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.
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