A policy wherein extra costs can be assessed to the policyholder, should the insurer's loss experience be worse than expected.
Related information about assessment insurance:
- What is assessment insurance? definition and meaning
Definition of assessment insurance: Type of life or property insurance policy in which a certain rate of premium is assessed on the basis that a higher rate may ...
- Assessment Insurance: Definition from Answers.com
Assessment Insurance Contract under which an assessment insurance company can charge policyowners additional sums if the companys loss experience is ...
- Assessment insurance - Merriam-Webster Online
insurance providing for the payment of claims in whole or in part from the proceeds of assessments levied upon the members of an association for that purpose ...
- The Value of Loss Assessment Coverage
I just attended my monthly association meeting where our board advised our members that our homeowners association had just been.
- assessment insurance Definition | Business Dictionaries from ...
contract under which an assessment insurance company can charge policyowners additional sums if the company's loss experience is worse than had been ...
- loss assessment - Insurance Glossary
loss assessment - A property owner's share of a loss to property owned in common by all members of a property owners association.
- What Is Loss Assessment Insurance? | eHow.com
What Is Loss Assessment Insurance?. Loss Assessment insurance coverage is part of a condominium or townhouse insurance policy, not a policy by itself.
- Policy and Risk Assessment - Venable LLP
Risk Assessment, Insurance Procurement and Policy Evaluation. overview. RISK ASSESSMENT. We help our clients avoid problems before they occur.