LENDABLE

\lˈɛndəbə͡l], \lˈɛndəbə‍l], \l_ˈɛ_n_d_ə_b_əl]\

Definitions of LENDABLE

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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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