Life or Health Insurance on risks which do not meet the standards for the regular manual rate. See also Substandard. (LI,H)
Life or Health Insurance on risks which do not meet the standards for the regular manual rate. See also Substandard. (LI,H)
An exclusion clause in marine cargo insurance which relieves the insurer from liability where loss, damage or expense arises from insolvency or financial default of the owners, managers, charterers or operators of the vessel carrying the insured goods.