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

双语律师蓉婧，国内知名法学院民商法专业，擅长翻译各类与数据隐私及安全相关的法律文件。