Wager policy
a policy that shows on the face of it that the contract it embodies is a pretended insurance, founded on an ideal risk, where the insured has no interest in anything insured. | |
(Insurance Law) | See under Policy. |
See also: Policy, wager
单词 | wager policy | ||||
释义 | Wager policy
See also: Policy, wager Wager policyWAGER POLICY, contracts. One made when the insured has no insurable interest. |
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