UZZIELITES, THE

\ˈʌziːlˌa͡ɪts], \ˈʌziːlˌa‍ɪts], \ˈʌ_z_iː_l_ˌaɪ_t_s]\

Definitions of UZZIELITES, THE

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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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