direct insurance

noun

: an insurance contract in which the insurer agrees to pay the insured for a designated loss compare reinsurance

Dictionary Entries Near direct insurance

direct examination

direct insurance

direct loss

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Cite this Entry

“Direct insurance.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/direct%20insurance. Accessed 29 Nov. 2024.

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