What is the Definition of Premises?

What is the Definition of Premises?

The particular location of the property or a portion of it as designated in an insurance policy.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Premises?

You can find random definition and meaning of insurance terms below:


What is the meaning of Uninsured or underinsured motorists property damage

Coverage for damage to your vehicle resulting from a covered accident that you are legally entitled to receive from a driver who is not insured, or whose insurance limits are not enough to reimburse you for damages they caused. This type of coverage varies from state to state.


What is the meaning of Valuables Plus®

Coverage available from Nationwide for property that is mobile in nature and may be of high value, such as jewelry, sports equipment, fine arts, antiques, or coin or stamp collections.


What is the meaning of Vehicle identification number (VIN)

Your vehicle's unique 17-character VIN can be found on the dashboard and driver's side door jamb. This unique serial number is also included on your vehicle's registration form and insurance card.


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