Meaning of the word: Participation
Participation is a supplement in the treaty, where is listed the information about the contribution to the indemnity by the insured person himself. If the damage caused by the insured, the indemnity shall be reduced just about participation. Participation is measured as a percentage, the amount ranges from 10% to 1%.back to dictionary >
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Notice of the Agreement
Notice of the Agreement is a cancel of agreement, every participant can make it within two months since the conclusion of the contract. The period of…go to the dictionary >
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