SEEK-NO-FURTHER

\sˈiːknˈə͡ʊfˈɜːðə], \sˈiːknˈə‍ʊfˈɜːðə], \s_ˈiː_k_n_ˈəʊ_f_ˈɜː_ð_ə]\

Definitions of SEEK-NO-FURTHER

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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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