Glossary - Prodeseg
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Glossary

Glossary

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There are currently 4 names in this directory beginning with the letter I.
Insurance application
required documents by the insurance company to issue the insurance policy. This is usually a declaration statement by the policyholder.

Insurance certificate
applies to the cargo & marine insurance, it contains an abstract of provisions in an open policy, and serves as evidence that an insurance policy is active.

Insured
a person or business that voluntarily transfers one or more risks to the insurance company.

Insured Value
the amount covered by the insurance policy.

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