Examlex
Compare and contrast prescriptive codes of ethics with proscriptive codes.
Insurance Proceeds
The money received from an insurance claim, which compensates for a loss or damage.
Subrogation Clause
A provision in an insurance policy allowing the insurer to take legal action in the name of the insured against a third party responsible for the insured’s loss.
Property Damage
Physical harm or destruction to someone's tangible property caused by another's actions or negligence.
Occurrence
An event that happens or takes place, especially one of importance.
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