单词 | over-insurance |
释义 | over-insurancen. Excessive insurance; spec. insurance of goods, property, etc., in excess of their real value; an instance of this. ΘΚΠ society > trade and finance > financial dealings > insurance > [noun] > act of insuring surance1547 assurance1622 hedginga1631 insuring1647 over-insurance1755 self-insurance1829 insurance1878 under-insurance1893 1755 N. Magens Ess. Insurances I. 92 The Law of Spain..ordains, ‘That the Insurers who signed last in Date should return the Premium, in case of an Over-Insurance.’ 1802 S. Marshall Treat. Insurance I. i. iv. 118 In the case of an over-insurance..the first underwriters on the policy were formerly holden to be answerable, to the extent of the loss, and the subsequent ones discharged. 1880 Encycl. Brit. XIII. 185/1 When the value proved under an open policy falls short of the sum originally insured, the difference..is technically termed an over-insurance. 1904 Polit. Sci. Q. 19 506 Over-insurance and its direct incentive to crime is the most important subject of which the book treats. 1965 ‘W. Haggard’ Hard Sell xii. 136 Suspicion, the over-insurance of risks which were seldom worth the premium. 2002 Chicago Tribune (Nexis) 19 July 1 The result could be overinsurance for more than the home's replacement cost..or dangerous underinsurance if the home burns to the ground and is a 100 percent loss. This entry has been updated (OED Third Edition, December 2004; most recently modified version published online March 2022). < n.1755 |
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