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

译者黎川，毕业于世界顶级翻译学院，擅长翻译各种与专利与技术诉讼相关的法律文件。