Lloyd’s insurance

Insurance provided by insurers as individuals, rather than as a corporation.

• The insurers’ liability is several but not joint. Most states either prohibit or strictly regulate this type of insurance. See LLOYD’S OF LONDON. [Cases: Insurance 1220. C.J.S. Insurance § 1709.]

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词条贡献者

法律翻译亚明，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与汽车与运输有关的法律文件。