Examlex
Nano's instrument panel is clustered in the middle of the dashboard so that Tata can offer both right- and left-hand drive versions.
Coinsurance Feature
A clause in an insurance policy that requires the policyholder to bear a portion of the risk by paying a certain percentage of the total claim amount.
Property Insurance
Insurance coverage that offers protection from a wide range of property risks, including fire, theft, and certain types of weather-related damage.
Insured
An individual or entity covered by an insurance policy, providing protection against specified risks or losses.
Insurable Interest
A requirement that a person seeking to take out an insurance policy on something or someone must have a vested interest that would result in financial loss if the insured event occurs.
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