Insuring Agreement

Insuring Agreement, Liability
An insuring agreement in a liability insurance policy outlines the obligations of the insurer to provide coverage for specific risks or events that may result in a claim against the insured.
Insuring Agreement, Property and Casualty Policy
The section of a property and casualty insurance policy that details the parties involved, policy duration, premium requirements, insurance limits, insured property specifics, considerations, covered perils, and policy assignment conditions.

Accounting Terms Lexicon

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