First party insurance definition

First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.
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First party insurance means an insurance policy or contract in which the insurer
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First party insurance means an insurance policy or contract in which the 696 insurer agrees to pay a claim submitted to it by the insured for the insured's losses. 697 [(70)] (72) (a) "Fixed indemnity insurance" means accident and health insurance written 698 to provide a fixed amount for a specified event relating to or resulting from an illness 699 or injury.
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Examples of First party insurance in a sentence

  • First party insurance carriers have no right of subrogation or reimbursement from the plaintiff’s tort recovery.

  • First party insurance may be acquired by potential victims of marine pollution, such as fisheries seriously harmed by ship-source oil spills.

  • First party insurance shall mean insurance coverage for damages to the insured.

  • First party insurance covers damage caused to the policy-holder’s own property.

  • First party insurance includes insurance for the nuclear reactor itself whereas third party insurance is insurance for victims of an accident who are directly or indirectly affected by it.Insurance can act as a liability vault for victims and operators alike.

  • Payment made using in-store vouchers (e.g. FairPrice vouchers), Changi Dollar vouchers, Changi Rewards eVouchers, Changi Rewards Jewel Voucher, CapitaVoucher, eCapitaVoucher, Changi Rewards e-Voucher Flexi or Changi Gift Cards are excluded from the calculation of qualifying spend.

  • First party insurance of vehicle in original.v. Name of the Driver & attested copy of his valid commercial driving license / badge in original.vi.

  • First party insurance in this case refers to first party insurance that car drivers would take to cover their own damage (as a victim).

  • Third Party• First party insurance is for when you suffer a loss, for example if there is damage to your property.• Third party insurance is for when someone else was harmed and they are now asking you for money or even suing you.

  • First party insurance and mutual assistance schemes are available as well.

Related to First party insurance

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Blanket insurance policy means a group policy covering a defined class of

  • Casualty insurance means liability insurance.