GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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05:25 Apr 4, 2017 |
Russian to English translations [PRO] Bus/Financial - Insurance | |||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 16:39 | ||||
Grading comment
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Summary of answers provided | ||||
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3 +3 | insured area (location)//area (location) under insurance coverage |
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insured area (location)//area (location) under insurance coverage Explanation: Here is an example from a homeowner's policy: Insured Location: What Is It? Standard homeowners policies define an insured location as "any premises used by you in connection with a premises described in a. and b. above" that: a.) is the residence premises which is shown on the declarations, and b.) is the part of other premises used by the named insured as a residence and shown on the declarations, or acquired by the insured for residential use during the policy period. http://www.propertycasualty360.com/2004/11/18/insured-locati... ccccccccccccccccccccccccccc -------------------------------------------------- Note added at 5 hrs (2017-04-04 10:51:00 GMT) -------------------------------------------------- Residence premises The physical location of the property for which insurance protection is provided. This is also known as the insured location. https://www.nationwide.com/insurance-glossary.jsp |
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