Insurer

 

Meaning of the word: Insurer

Insurer is party to an insurance arrangement who undertakes to indemnify for losses. The insurer provides insurance. The policyholder must pay regular premiums to the insurer. The insurers are usually just large companies that are called insurance companies.

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FROM DICTIONARY

Credit limit

Credit limit is the maximum amount of the claim of client against the insurance company. This is the upper limit of the credit risk, which is the…

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