Insurance and risk management terminology · MLC-0106
Insurance and risk management terms: K (6)
- Keogh Act planA tax-deferred retirement plan available to self-employed individuals and small business owners, allowing...
- Kidnap and ransom insurance K&RA specialized insurance policy designed to protect individuals and corporations operating in high-risk areas...
- Knock-for-knock indemnityA contractual agreement, typically between parties involved in offshore oil and gas operations, where each...
- Known loss provisionA clause in an insurance policy stating that coverage does not apply to losses that were known or reasonably...
- Known loss ruleA legal principle asserting that an insurance policy does not cover losses that were known or reasonably...
- Kotecki waiverA contractual provision in which an employer gives up the cap that the Illinois Supreme Court's Kotecki v...
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