“under、insurance”的英文意思_释义_用法

单词

under-insurance

释义

under-inˈsurance
[under-¹ 10 b.]
Insurance (of goods, property, etc.) at less than their real value.
1893Standard (Boston) 20 May 518/1 Mr. Goodwin considers the tendency toward under-insurance of safe risks as the cause of the general requirement of the 80 per cent coinsurance clause.1930F. E. Wolfe Princ. Property Insurance ix. 147 Underinsurance is ignored if the practice is followed by fixing rates from time to time.1949R. S. Sharma Insurance Princ. & Pract. xxiv. 268 One of the difficulties in arriving at a scientific basis of rating in fire insurance is of under-insurance.1976Business Week 5 July 24 The hazards of underinsurance..exploded in Mississippi as a massive liquidity crisis triggered the..‘bank holiday’.

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