Notice which is a condition precedent to a claim for constructive total loss of hull or cargo in marine insurance.
Notice which is a condition precedent to a claim for constructive total loss of hull or cargo in marine insurance.
Life or Health Insurance for which premiums are being paid, or for which premiums have been fully paid. The term refers to the total face amount of a Life insurer’s portfolio of business. In Health Insurance it refers to the total premium volume of an insurer’s portfolio of business.