Examlex
Smoking is dangerous to your lungs.
Third Parties
Individuals or entities that are not directly involved in a two-party agreement or transaction but may be affected by it or have interests in its outcome.
Co-insurance Clause
A provision in an insurance policy requiring the policyholder to bear a portion of the losses to the extent of a specified percentage.
Fireproof
A characteristic of materials or structures that are resistant to fire and are able to withstand high temperatures without catching fire or sustaining significant damage.
Insured
A person or entity covered by an insurance policy receiving financial protection or reimbursement against losses from an insurance company.
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