surplus lines insurance

Insurance with an insurer that is not licensed to transact business within the state where the risk is located.

— Also termed excess-lines insurance. [Cases: Insurance 1331.]

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词条贡献者

译员Daniel，毕业于法国顶尖的高级翻译学院，专注翻译各种与数据隐私、安全及网络犯罪有关的法律文件。